A Study on Companies Contribution towards the Sector Improvisation through CSR Activities by Prominent IT Sector Companies
International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
www.ijsr.net | Open Access | Fully Refereed | Peer Reviewed International Journal

ISSN: 2319-7064

Downloads: 58 | Weekly Hits: ⮙2

Case Studies | Finance | India | Volume 9 Issue 12, December 2020

A Study on Companies Contribution towards the Sector Improvisation through CSR Activities by Prominent IT Sector Companies

Dr. Poornima Karthikeyan

Wealth and Knowledge have to be shared Corporate social Responsibility is moving forward from its old domain charity and philanthropy and it has now reached the responsibility towards the social issues of the country. It is also to contribute to the social, economic, environment development and society as a whole. However, it is not only for the business to buy and sell their products and earn profit. It is mandatory that All Qualifying Company require to have a CSR committee to have a CSR committee are required to spend at least 2 % of its average net profit for the directly preceding three financial years on CSR activities. With the enactment of the Companies Act in 2013 the concept of CSR has undergone radical changes in outlook and content. The Committee which is constituted by Government of India to draft the companies act deliberated time and again they need to include CSR in Company Law. In this paper the attempt has to be made to examine certain aspects of CSR and its effect on the relevant sector of the economy. It is also to examine whether the corporates have implemented CSR keeping in view a legislative extension. Identify the companies which are not spending 2 % of their average net profit on CSR initiatives.. Finally, an attempt has been made to examine the effect on various sectors benefit from CSR spending. The Study is Analytical in Nature collected data has been analyzed and carrying out analyses on a phenomenon and mostly involves secondary data. Descriptive method of analyses has also been carried out that describes the characteristics of the population. Judgmental sampling method is used as sampling technic a non-probability sampling technique where the selected IT Companies have been taken as sample based on the knowledge and professional judgment there appears to be a skewed allocation of funds by corporates to various sectors craving for funds.

Keywords: CSR, Legislature, Sectors, Strategies, Sustainable goals JEL CLASSIFICATION: FINANCE

Edition: Volume 9 Issue 12, December 2020

Pages: 1394 - 1400

Share this Article

How to Cite this Article?

Dr. Poornima Karthikeyan, "A Study on Companies Contribution towards the Sector Improvisation through CSR Activities by Prominent IT Sector Companies", International Journal of Science and Research (IJSR), https://www.ijsr.net/search_index_results_paperid.php?id=SR201222121055, Volume 9 Issue 12, December 2020, 1394 - 1400

Enter Your Registered Email Address





Similar Articles with Keyword 'CSR'

Downloads: 58 | Weekly Hits: ⮙2

Case Studies, Finance, India, Volume 9 Issue 12, December 2020

Pages: 1394 - 1400

A Study on Companies Contribution towards the Sector Improvisation through CSR Activities by Prominent IT Sector Companies

Dr. Poornima Karthikeyan

Share this Article

Downloads: 121 | Monthly Hits: ⮙8

Research Paper, Finance, Kenya, Volume 6 Issue 10, October 2017

Pages: 1595 - 1601

Effect of Economic Programs on Customer Financial Literacy of Barclays Bank of Kenya

Salome Awuor Oduor, Dr. Dennis Juma

Share this Article

Downloads: 123 | Weekly Hits: ⮙1

Survey Paper, Finance, Bangladesh, Volume 8 Issue 8, August 2019

Pages: 2052 - 2057

Corporate Social Responsibility and Financial Performance of Business: A Perspective of Selected Retail Sector MSEs in Bangladesh

Md. Touhidul Islam, Md. Iqbal Hossain, Md. Jahangir Alam

Share this Article

Downloads: 128 | Monthly Hits: ⮙10

Research Paper, Finance, Bangladesh, Volume 6 Issue 5, May 2017

Pages: 2285 - 2289

Impact of Corporate Social Responsibility Expenditure on Profitability: A Case Study on Mercantile Bank Limited

Fariha Tasneem

Share this Article

Downloads: 148 | Weekly Hits: ⮙1 | Monthly Hits: ⮙15

Research Paper, Finance, India, Volume 9 Issue 2, February 2020

Pages: 1014 - 1016

Environmental Accounting Practices in India

Dr Ashima Saxena

Share this Article

Similar Articles with Keyword 'Legislature'

Downloads: 58 | Weekly Hits: ⮙2

Case Studies, Finance, India, Volume 9 Issue 12, December 2020

Pages: 1394 - 1400

A Study on Companies Contribution towards the Sector Improvisation through CSR Activities by Prominent IT Sector Companies

Dr. Poornima Karthikeyan

Share this Article

Downloads: 116 | Weekly Hits: ⮙5

Research Paper, Finance, Indonesia, Volume 8 Issue 9, September 2019

Pages: 1647 - 1652

Perspective of Political and Management in the Regional Financial Management Synergy

Anwar, Dina Suryawati, Hermanto Rohman, Honest D Mollasy, Agus Suharsono

Share this Article

Similar Articles with Keyword 'Sectors'

Downloads: 58 | Weekly Hits: ⮙2

Case Studies, Finance, India, Volume 9 Issue 12, December 2020

Pages: 1394 - 1400

A Study on Companies Contribution towards the Sector Improvisation through CSR Activities by Prominent IT Sector Companies

Dr. Poornima Karthikeyan

Share this Article

Downloads: 115 | Monthly Hits: ⮙8

Informative Article, Finance, India, Volume 6 Issue 3, March 2017

Pages: 1298 - 1302

Role of Indian Primary Market in Mobilization of Resources

Jenica.S

Share this Article

Downloads: 116 | Weekly Hits: ⮙4

Research Paper, Finance, China, Volume 7 Issue 7, July 2018

Pages: 1429 - 1431

Research on the Influence Mechanism of Finance on the Growth of National Economy

Cao Dong, Jingxian Liu

Share this Article

Downloads: 119 | Weekly Hits: ⮙2

Research Paper, Finance, Indonesia, Volume 9 Issue 2, February 2020

Pages: 1272 - 1276

The Effect of Excise Issues, Macroeconomic, and Financial Performance on Stock Returns in the Plastic and Packaging Sub Sectors

Lulu Nike Gunawan, Sri Hartoyo, Hendro Sasongko

Share this Article

Downloads: 130

Research Paper, Finance, India, Volume 6 Issue 3, March 2017

Pages: 1486 - 1491

Impact of FDI on Indian Economy - An Analytical Study

Smitha B Nair, Dr. Minimol M.C

Share this Article

Similar Articles with Keyword 'Strategies'

Downloads: 58 | Weekly Hits: ⮙2

Case Studies, Finance, India, Volume 9 Issue 12, December 2020

Pages: 1394 - 1400

A Study on Companies Contribution towards the Sector Improvisation through CSR Activities by Prominent IT Sector Companies

Dr. Poornima Karthikeyan

Share this Article

Downloads: 118 | Weekly Hits: ⮙2 | Monthly Hits: ⮙11

Research Paper, Finance, China, Volume 6 Issue 12, December 2017

Pages: 1447 - 1452

Analysis about Lower Growth Rate of Foreign Exchange Reserve?s Impact on Domestic Money Supply

Zhang Sichen

Share this Article

Downloads: 119 | Weekly Hits: ⮙2 | Monthly Hits: ⮙9

Research Paper, Finance, China, Volume 7 Issue 7, July 2018

Pages: 246 - 249

Xian Construction of New Silk Road Central Asia Industrial Park Counter Measures

Zhe Wang; Jianjun Zhang

Share this Article

Downloads: 125 | Weekly Hits: ⮙2

Research Paper, Finance, India, Volume 9 Issue 1, January 2020

Pages: 1560 - 1566

Impact of Behavioral Finance on Equity Selection Pattern by Retail Investor - An Analytical study of Varanasi and Prayag Raj

Anjali, Dr Akshat Dubey

Share this Article

Downloads: 127 | Weekly Hits: ⮙3

Research Paper, Finance, Kenya, Volume 6 Issue 10, October 2017

Pages: 1243 - 1245

Effect of Lending Policy on Financial Stability of Commercial Banks: Empirical Evidence of Banking Sector in Kenya

Alfred Wandera Kuloba, Dr. Agnes Njeru

Share this Article



Top