Does Corporate Social Responsibility Improve Firm‐Level Energy Efficiency? The Case of the Iron and Steel Industries in India DOI
Baikunthanath Sahoo, Krishna Malakar, Santosh Kumar Sahu

и другие.

Business Strategy & Development, Год журнала: 2025, Номер 8(2)

Опубликована: Апрель 21, 2025

ABSTRACT We investigate the impact of corporate social responsibility (CSR) on energy efficiency for Iron and Steel Industries India. Using firm‐level data, panel fixed effects regression model shows an inverse relationship between CSR intensity, suggesting that a strategic firm's involvement in increases efficiency. In addition, businesses with higher spending tend to be more efficient; however, association is not consistently observed across all profit‐making firms. Our findings at disaggregate level suggest firms spend beyond threshold levels experience visible Further, expenditure R&D‐intensive tends have than their counterparts. conclude plays significant role enhancing socially environmentally responsible firm. Thus, environmental sustainability should one priority investment areas CSR‐driven

Язык: Английский

Does Corporate Social Responsibility Improve Firm‐Level Energy Efficiency? The Case of the Iron and Steel Industries in India DOI
Baikunthanath Sahoo, Krishna Malakar, Santosh Kumar Sahu

и другие.

Business Strategy & Development, Год журнала: 2025, Номер 8(2)

Опубликована: Апрель 21, 2025

ABSTRACT We investigate the impact of corporate social responsibility (CSR) on energy efficiency for Iron and Steel Industries India. Using firm‐level data, panel fixed effects regression model shows an inverse relationship between CSR intensity, suggesting that a strategic firm's involvement in increases efficiency. In addition, businesses with higher spending tend to be more efficient; however, association is not consistently observed across all profit‐making firms. Our findings at disaggregate level suggest firms spend beyond threshold levels experience visible Further, expenditure R&D‐intensive tends have than their counterparts. conclude plays significant role enhancing socially environmentally responsible firm. Thus, environmental sustainability should one priority investment areas CSR‐driven

Язык: Английский

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