India's new corporations law (2013) introduced a unique provision mandating CSR spending. This paper evaluates the before and after effects of CSR spending in four major Indian banks from 2005 to 2015. It is compared with four major banks from Japan, Australia, and China. We designed a legal...

The notion of corporate social responsibility (CSR) is not alien to the Indian corporate world. CSR disclosure has recently become a topic of much attention of every successful business organisation, because of growing cognisance of the footprints of corporate activities on stakeholders at...