Anglia Ruskin Research Online (ARRO)
Browse

File(s) under permanent embargo

CSR investment efficiency in Indian firms post-2013 Companies Act

conference contribution
posted on 2023-09-01, 15:22 authored by James Cordeiro, Tara Shankar Shaw, Swetketu Patnaik
We study the efficiency of CSR investment in terms of generating CSR outcomes in Indian firms using a sample of 1295 firm-years over the 2015-2019 period post-2013 Companies Act. Our construct “CSR spending efficiency” is a novel one that is intended to address the concern that past research on CSR has tended to implicitly assume that CSR spending proxies for (or is strongly tied to) CSR performance. Our first research focus is on quantifying the CSR spending efficiencies for Indian firms using data envelopment analysis (DEA). Our second research focus is on studying the impact of two key firm-level variables: managerial ability and family owned and managed ownership status on CSR spending efficiency. We document a significant positive impact of both variables in panel data regressions incorporating relevant controls and Heckman sample correction.

History

Name of event

Academy of Management Conference 2023

Event start date

2023-08-04

Event finish date

2023-08-08

File version

  • Accepted version

Language

  • eng

Legacy posted date

2023-05-19

Legacy creation date

2023-05-19

Legacy Faculty/School/Department

Faculty of Business & Law

Usage metrics

    ARU Outputs

    Categories

    No categories selected

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC