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Corporate Social Responsibility In India: Exploring The Legal Mandate Under The Companies Act, 2013

Year: 2024

Type: article

Abstract: companies taking responsibility for their impact on society, the economy, and the environment.Globally, CSR has become a crucial aspect of corporate governance, where businesses are expected to operate responsibly.In India, CSR has taken on an even more significant role, especially with the enactment of the Companies Act, 2013, which mandated CSR activities for certain companies.This legislative framework made India one of the first countries to legally require corporations to engage in CSR.This article explores CSR's legal mandate under the Companies Act, 2013, the challenges, opportunities, and impact of CSR on Indian corporations, and the future trajectory of CSR in India.

Source: African Journal of Biomedical Research

DOI: 10.53555/ajbr.v27i3s.2298

Author: Dr. R. Uma Rani

Language: English

Topic: Governance, Compliance, and Sustainability

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: diamond

OpenAlex ID: W4403136749

FWCI:

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Related to: 10