Corporate Social Responsibility: A Critical Examination

Abstract

The way firms are governed and operated has changed dramatically during the last two decades. Profit maximization is no longer the primary goal of companies. As a result of the turn of events, businesses are being pushed to invest more heavily in a wide range of social responsibility activities, shifting their corporate goals away from maximizing shareholder value and toward the well-being of all stakeholders. Using a survey tool, the current study reveals significant CSR aspects that may influence commercial and strategic decisions for Indian firms.