Impact of Corporate Social Performance on Profitability: A Case Study of Listed Indian Companies

Abstract

Purpose: This section outlines the main objective of the research and what the study aims to achieve. In this case, the purpose is to investigate the relationship between corporate social performance (CSP) and financial performance in firms listed on BSE and NSE. The purpose is to understand if there is a connection between these two aspects of business performance.
 
 Design/Methodology/Approach: This section describes the methodology and approach used to conduct the research. It mentions the data collection methods, data sources, and analysis techniques. In this case, the design/methodology/approach involves collecting seven years' mean data of corporate social responsibility (CSR) spending and three years' mean data of financial performance, followed by regression analysis to assess the relationship between CSP and financial performance.
 
 Findings: This section presents the key results and outcomes of the research. It summarizes what the data analysis and regression analysis revealed about the relationship between CSP and financial performance for the firms listed on BSE and NSE. This is where the main discoveries and insights are shared.
 
 Research, Practical & Social Implications: Here, the broader implications of the research are discussed. This includes how the findings of the study can impact future research in the field, practical applications for businesses, and the potential social consequences of the relationship between CSP and financial performance. It looks at the "So what?" aspect of the research.
 
 Originality/Value: In this section, the paper highlights the originality and value it brings to the existing body of knowledge. It discusses how the research contributes to the field and why it is important. This section emphasizes the significance of the study's findings and how they can add to the understanding of the topic.