📄 Abstract
This study intends to analyze the financial performance and the pattern of CSR spendings of selected pharmaceutical companies India. The study focuses on a set of seven BSE listed companies. Data has been meticulously gathered from published statements of selected companies covering a span of seven years from 2015-16 to 2021-22. The primary financial performance metric considered in the study is Return on Capital Employed (ROCE). To ascertain the association among CSR expenditure and firm performance, we applied correlation analysis. The findings of the study indicates that higher CSR expenditure is correlated to lower ROCE in Abbott India and Divi?s Laboratories.
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📚 How to Cite:
Farhana Khatoon, Dr Ranjit Kumar Paswan , CSR EXPENDITURE AND ITS IMPACT ON FINANCIAL PERFORMANCE IN INDIAN PHARMACEUTICAL COMPANIES , Volume 12 , Issue 9, september 2024, EPRA International Journal of Economic and Business Review(JEBR) , DOI: https://doi.org/10.36713/epra18220