Concept of Corporate Social Responsibility and Company Act 2013

Examining the Impact of CSR Mandates on Corporate Success in India

Abstract

Company, since it thrives in the very social eco-system, is obligatory to community. The spatial and temporal endurance of socially accountable, legal and environmentally sound market solutions shall be. Governmental efforts to place CSR in the core business agenda recognise the policy commitment to fostering socio-responsive enterprise in a region. The present article is the result of a country-specific analysis analysing CSR mandates, especially the Companies Act 2013, in a historical context in India in general. Desk analysis is the methodology of the sample. The study found that India's recent mandate in this regard is to bring CSR commitments together in a phase of internalization and institutionalisation of corporate success.