International Journal of Statistics and Applied Mathematics
  • Printed Journal
  • Indexed Journal
  • Refereed Journal
  • Peer Reviewed Journal

2024, Vol. 9, Special Issue 4

Corporate social responsibility and its impact on company performance: A case of reliance industries limited


Author(s): Niharika Prasad

Abstract:
Corporate social responsibility (CSR) is a corporate philosophy that encourages companies to voluntarily work to conduct their operations in a way that improves rather than worsens society's well-being as well as the environment. The common CSR comprises of duties towards the employees (human resource development), the consumers (ethical marketing), and the environment protection. Giving back to society, taking part in charitable and activist causes, and creating social value are the major goals of CSR. In the study, the relationship between corporate social responsibility (CSR) and company performance (net profit) is analysed using correlation coefficient technique. The data was collected for the period 2017-18 to 2021-22. The findings concluded that reliance industries CSR spending and its net profit is positively correlated (p-value is 0.001).


Pages: 01-03 | Views: 128 | Downloads: 9

Download Full Article: Click Here
How to cite this article:
Niharika Prasad. Corporate social responsibility and its impact on company performance: A case of reliance industries limited. Int J Stat Appl Math 2024;9(4S):01-03.

Call for book chapter
International Journal of Statistics and Applied Mathematics