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VOL. 9, ISSUE 4 (2023)
India’s giant companies for corporate social responsibility with reference to RIL, an empirical study
Authors
Puram Sai, Ratnala Hima Bindu, Tangella Lakshmi Sireesha
Abstract
The purpose of the current study is to examine Reliance Industries
Limited's (RIL) Corporate Social Responsibility (CSR) spending. The study's methodology
is rely on sources of secondary data that was gathered from the Government of
India’s official website for CSR data and maintains by Corporate Affairs
Ministry, for the fiscal years 2017–18 to 2021–22. Statistical evaluation:
Pearson's correlation and one sample T-test were employed to analyse the data.
Key findings, according to the study, there has been a significant growth. in
actual CSR spending by the firm from the FY 2017-18 to 2019-20 of the study
period and meeting the SEBI guidelines about standard percentage from firm’s
total profit. It is found that there has been a slight increase of total CSR
spending of from Rs. 908.71 Cr. to 922 Cr. and during FY 2018-19 to 2019-20 and
total CSR spending of Rs. 922 Cr. to Rs. 1185 Cr. from FY 2020- 21 to 2021-22,
but, in fact these spendings are not meeting the SEBI guidelines which Actual CSR
spending should be 2% from the total profits of a firm.
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Pages:31-34
How to cite this article:
Puram Sai, Ratnala Hima Bindu, Tangella Lakshmi Sireesha "India’s giant companies for corporate social responsibility with reference to RIL, an empirical study". International Journal of Commerce and Management Research, Vol 9, Issue 4, 2023, Pages 31-34
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