• SURESH KUMAR
• ANKIT KUMAR

Corporate Social Responsibility (CSR) is one of the most significant concepts prevailing in the corporate world these days. It is like a moral duty. In today’s economic and social environment, issues related to social responsibility and sustainability are gaining more and more importance. The relationship between CSR and corporate financial performance has caught wide attention of researchers in the last decade. In this paper, an attempt has been made to studies the relationship of corporate social responsibility and corporate financial performance in Indian manufacturing companies, using a sample of 31 companies from Nifty. Various tests like regression, the correlation has been performed using secondary data of the financial year 2014-2018. The study found that there is no significant relationship between CSR Initiatives and Corporate Financial Performance of the selected manufacturing companies.

Corporate Financial Performance, Corporate Social Responsibility, Manufacturing Companies

"Corporate social responsibility and financial performance: An empirical analysis of Indian Manufacturing Companies", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 4, page no.150-160, April-2019, Available :http://www.jetir.org/papers/JETIR1904020.pdf

"Corporate social responsibility and financial performance: An empirical analysis of Indian Manufacturing Companies", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 4, page no. pp150-160, April-2019, Available at : http://www.jetir.org/papers/JETIR1904020.pdf