Corporate Social Responsibility Spendings and its Influence on Financial Performance: Evidence from Tata Steel Limited

Key Points

• The research aims to understand how CSR spending affects financial performance and community development.
• Analyzed CSR initiatives of Tata Steel Limited
• Evaluated financial performance metrics
• Assessed alignment with Sustainable Development Goals
• Considered social outcome improvements
• Found a positive correlation between CSR spending and financial performance
• Highlighted improved social outcomes due to CSR
• Identified the need for enhanced transparency in CSR practices