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

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.

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Publication Details

Journal
African Journal of Biomedical Research
Published
2024-09-30
DOI
https://doi.org/10.53555/ajbr.v27i3s.2298
Primary Topic
Insurance and Financial Risk Management
Type
article
Field-Weighted Citation Impact
0.00
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article

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

R. Uma Rani
African Journal of Biomedical Research
Insurance and Financial Risk Management
article

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

R. Uma Rani
article en

Abstract

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.

African Journal of Biomedical Research
Openalex Percentile: Top 79%
Insurance and Financial Risk Management
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Corporate Social Responsibility In India: Exploring The Legal Mandate Under The Companies Act, 2013 — R. Uma Rani · African Journal of Biomedical Research (2024) | TGRS Research Map | TGRS