Garg, Arunesh; Gupta, Pradeep Kumar; Bhullar, Pritpal Singh - In: Organizations and markets in emerging economies 12 (2021) 1, pp. 178-197
mandatory regime in India. The paper has its theoretical basis from the instrumental aspect of the Stakeholder theory, which … the CSR expenditure requirement will exhibit higher stock returns and lower systematic risk. Since India mandated CSR in …. Only a few studies in India investigated this phenomenon in the mandatory regime. Further, the contributions of the study …