International Journal of Social Science & Economic Research
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Title:
CORPORATE SOCIAL RESPONSIBILITY OF INDIAN ENERGY SECTOR COMPANIES - A STUDY ON CSR ACTIVITIES OF SELECTED INDIAN ENERGY SECTOR COMPANIES

Authors:
Mahesh M., Harishma Mohandas, Dr. Girish S.

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1Mahesh M., 1Harishma Mohandas, 2Dr. Girish S.
1. Post Graduate Research Scholars, Department of Commerce, CHRIST (Deemed to be University), Bangalore
2. Assistant Professor, Department of Commerce, CHRIST (Deemed to be University), Bangalore

MLA 8
M., Mahesh, et al. "CORPORATE SOCIAL RESPONSIBILITY OF INDIAN ENERGY SECTOR COMPANIES - A STUDY ON CSR ACTIVITIES OF SELECTED INDIAN ENERGY SECTOR COMPANIES." Int. j. of Social Science and Economic Research, vol. 4, no. 1, Jan. 2019, pp. 380-395, ijsser.org/more2019.php?id=31. Accessed Jan. 2019.
APA
M., M., Mohandas, H., & S, D. (2019, January). CORPORATE SOCIAL RESPONSIBILITY OF INDIAN ENERGY SECTOR COMPANIES - A STUDY ON CSR ACTIVITIES OF SELECTED INDIAN ENERGY SECTOR COMPANIES. Int. j. of Social Science and Economic Research, 4(1), 380-395. Retrieved from ijsser.org/more2019.php?id=31
Chicago
M., Mahesh, Harishma Mohandas, and Dr. Girish S. "CORPORATE SOCIAL RESPONSIBILITY OF INDIAN ENERGY SECTOR COMPANIES - A STUDY ON CSR ACTIVITIES OF SELECTED INDIAN ENERGY SECTOR COMPANIES." Int. j. of Social Science and Economic Research 4, no. 1 (January 2019), 380-395. Accessed January, 2019. ijsser.org/more2019.php?id=31.

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Abstract:
The term Corporate Social Responsibility is a universal concept in contemporary business world. Companies in the west have the necessary frame work and procedural norms to deal with CSR activities, but in countries like India, though there is a mandatory rule to contribute to the society, many companies do violate and skip their CSR expenditure. And hence a step is taken by the researcher to perform an in-depth study about the effectiveness of CSR activities by the selected energy sector companies listed under S&P BSC Energy Index for the period 2013-14 to 2016-17, from the year in which CSR became mandatory. CSR has been practiced by most of the companies in India but there is not much information on to what extent that is being carried out as prescribed by the clause 135 schedule ? of Company Bill 2013, which makes the organizations registered under companies law, or any other previous laws, having 500 crores or more net worth or turnover of rupees 1000 crores or more or rupees 5 crores or more Net Profit during any financial year to adopt the corporate social responsibility practices and provide at least 2% of its net profit to the social causes. This study is mainly focused in the actual frame work of CSR activities of selected companies and how CSR affects the Net profit of these companies. This also form a research base for the future research to study the wealth maximization of companies through their CSR activities.