Paper Details

Name: Nidhi Thakur, Amanjot Kaur
Country: India

Year: 2025
Volume: Volume-12, Issue-2, Year-2025(Special Issue)
Page Number: 24-37
DOI: https://doi.org/10.5281/zenodo.17647922

The aim of the current study is to empirically analyse the CSR practices of 30 top Indian
companies listed on the Bombay Stock Exchange during 2020–21. The CSR spending of
these companies is then compared with the previous year, with reference to the periods
before and during COVID-19. Thereafter, the Wilcoxon rank test is used to compare the
difference between the legislated percentage of average net profit and the amount actually
spent on CSR activities. It is found that the majority of the Indian companies (17 out of the
30) sampled companies spent more than the legislated percentage required under the
Companies Act, 2013, and a significant rise in CSR spending is observed after the COVID
period.
KEYWORDS: Corporate Social Responsibility (CSR); India; Net profits; COVID 19