The impact of corporate social responsibility on financial performance – Infosys way

Authors

  • Shailesh N. Ransariya Smt. KSN Kansagara Mahila Arts & Commerce College, Rajkot, Gujarat, India
  • Sanjay J. Bhayani Department of Business Management, Saurashtra University, Rajkot, Gujarat, India

DOI:

https://doi.org/10.55429/ijabf.v1i2.35

Keywords:

Corporate Social Responsibility, Financial Performance, CSR score

Abstract

The current study sought to examine the effect of Corporate Social Responsibility (CSR) on the financial performance of Infosys Ltd over five years spanning 2016-17 to 2020-21. To assess financial performance, we employ various profitability and liquidity ratios. The findings show that CSR has a high positive impact on Return on Capital Employed and a high negative impact on Return on Net Worth, Operating Profit, Net Profit, Current Ratio, and Liquid Ratio. In conclusion, CSR had no significant impact on Infosys Ltd.'s financial performance during the study period.

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Published

30-06-2022

How to Cite

Ransariya, S. N., & Bhayani, S. J. (2022). The impact of corporate social responsibility on financial performance – Infosys way. International Journal of Accounting, Business and Finance, 1(2), 11–18. https://doi.org/10.55429/ijabf.v1i2.35

Issue

Section

Research Articles