Uniformity and Financial Implications Of Corporate Social Responsibility In Indian Mining PSUs

This study intends to analyze and compare the CSR performance of the top seven Indian mining PSUs from 2014-15 to 2020-21 and determining its impact on the financial performance of the companies. The relevant hypotheses have been developed and tested through one-way ANOVA and linear regression analysis. The results demonstrated no significant difference in CSR approach towards expenditure of each mining company over the years while they differ significantly from one another. Moreover, CSR has been found significantly impacting all the considered variables of CPF except return on net worth (RONW) underlining that CSR should be taken care of effectively and efficiently to ensure long-term financial benefit.