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  • Search: subject:"Mandatory CSR regime"
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CSR expenditure 1 Firm value 1 Indian Companies Act 1 Mandatory CSR regime 1 Section 135 1
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research-article 1
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Bhattacharyya, Asit 1 Rahman, Md Lutfur 1
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Meditari Accountancy Research 1
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Mandatory CSR expenditure and stock return
Bhattacharyya, Asit; Rahman, Md Lutfur - In: Meditari Accountancy Research 28 (2020) 6, pp. 951-975
Purpose India has mandated corporate social responsibility (CSR) expenditure under Section 135 of the Indian Companies Act, 2013 – the first national jurisdiction to do so. The purpose of this paper is to examine the impact of mandated CSR expenditure on firms’ stock returns by using actual...
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