Logo
International Journal of
Commerce and Management Research
ARCHIVES
VOL. 10, ISSUE 1 (2024)
Do CSR compliance influence profitability performance? A study of selected public sector companies in Indian oil and gas industry
Authors
Debasish Bera
Abstract

Corporate Social Responsibility is a managing idea whereby firms fit in societal and ecological anxieties in their commercial processes and acquaintances with their stakeholders. Business organizations are trying to attain an equilibrium in economic, ecological and societal imperatives with performing societal tasks popularly known as Corporate Social Responsibility (CSR).

In this background, the key objective of the study is to examine the relationship between CSR compliance and profitability performance of the selected sample companies in Indian oil and gas industry from 2018-2019 to 2022-2023. One-way ANOVA and simple linear regression equations are used for data analysis. The CSRI compliances of the selected companies are observed to be moderately satisfactory during the study period. Moreover, CSRI compliance of BPCL is found to be better as compared to IOCL and HPCL. However, the study found no significant linkage between CSRI compliance and ROCE. Thus, profitability performance of the sample companies is not driven by their CSRI performance.

The study used secondary data. Moreover, the study suffers from the limitations like short study period and small sample size. Hence, future study may be carried out by including more sample companies, longer study period and using other performance variables like ROA, ROE, MVA and EVA.
Download
Pages:36-39
How to cite this article:
Debasish Bera "Do CSR compliance influence profitability performance? A study of selected public sector companies in Indian oil and gas industry". International Journal of Commerce and Management Research, Vol 10, Issue 1, 2024, Pages 36-39
Download Author Certificate

Please enter the email address corresponding to this article submission to download your certificate.