An analysis of CSR expenditure of NSE listed companies

Corporate Social Responsibility has become an important aspect of business with the implementation of New Companies Act, 2013. The Act has made it mandatory for the specified companies to spend at least 2 per cent of their Average Net profit (ANP) of preceding three years on CSR activities. Fulfilling social responsibility is no more an option for companies but an obligation which must be fulfilled. The present study attempts to analyze CSR expenditure of NSE listed companies. Annual Reports of companies have been studied for the year 2016-17 for the purpose of the study. The study found diverse pattern of CSR expenditure of selected companies.