Private Verses Public Corporate Social Responsibility in India
Keywords:
Schedule VII, Private, public, spendingAbstract
The paper examines the preparedness of mandatory Corporate Social Responsibility (CSR) on businesses between the private and public companies in India. With the implementation of Companies Act 2013, section 135 companies must spend 2% of their Net profit on CSR with effect from first April 2014. The paper examines the CSR spending pattern of the private and public companies for the year 2016. The findings indicate that the private companies are spending more than public companies.
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