📄 Abstract
Corporate Social Responsibility has evolved from a philanthropic obligation to a strategic business function influencing firm performance and long-term sustainability. This study examines the relationship between CSR expenditure and profitability among selected Indian companies over the period 2014–2023. Using secondary data collected from annual reports of 100 companies across multiple industries, the study applies correlation analysis to assess the linkage between CSR spending and Profit After Tax. The findings reveal a predominantly positive relationship between CSR investment and financial performance, although variations exist across industries and firms. The study contributes to the growing body of literature by providing empirical evidence from the Indian context, particularly after the implementation of mandatory CSR provisions under the Companies Act, 2013. The results suggest that CSR is not merely a compliance requirement but a strategic tool capable of enhancing profitability and stakeholder value.
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📚 How to Cite:
Gajender Kaushik, Dr. Gurudutta P. Japee , EXAMINING THE CSR–PROFITABILITY RELATIONSHIP: EMPIRICAL EVIDENCE FROM INDIAN FIRMS (2014–2023) , Volume 13 , Issue 6, June 2026, EPRA International Journal of Economics, Business and Management Studies (EBMS) , Pages: 98 - 115 , DOI: https://doi.org/10.36713/epra28285