International Journal of Research in Finance and Management
2021, Vol. 4, Issue 2
Status of corporate social responsibility among public sector units: A case study of NHPC
The concept of CSR has a long and wide-ranging history. It is a concept whereby companies decide voluntarily to contribute to the betterment of society and the environment. The companies’ act 2013 which mandates companies to spend on CSR activities as a result the term corporate social responsibility has gained worldwide attention and has achieved a new resonance in the global economy. This shows how CSR transited from being a voluntary, to a mainstream activity of business. Because of this dynamic nature of CSR it becomes very relevant to study on some of the unexplored dimensions of CSR and bring something valuable and add something to the existing literature of CSR. Present study highlights the CSR initiatives of hydro power company in India. The study focused on CSR activities carried out by NHPC over a period of five years. The study found that NHPC limited were more focused on their CSR activities and working for the welfare of society but still a lot to do for overcoming the problems.