Swarnodeep Homroy

Innovation in the face of CSR compliance

Firms close to the pre-tax profit threshold manipulate reported profits to just below the threshold: Study

Posted on 19 Nov, 2023 07:09 PM

This study explores the impact of social policies, specifically India's Corporate Social Responsibility (CSR) regulation of 2013 (Section 135), on corporate innovation.

CSR regulation mandates that qualifying Indian firms allocate 2% of pre-tax profits to CSR projects (Image: Meredith Foster, Medium)

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