ISO 9001:2015

CORPORATE SOCIAL RESPONSIBILITY: A CASE STUDY OF FIVE AUTOMOBILE COMPANIES

Life will undoubtedly include transportation to some extent. To meet the needs of their customers, automobile companies produce and innovate regularly. The duty of company in contemporary business practise extends beyond the provision of high-quality goods and services, therefore automobile companies are expected to do more than simply meet the wants of their customers. Under the study, we chose five automobile companies, primarily Tata Motors, Hero Motocorp, Maruti Suzuki, Eicher Motors, and Bajaj Motor, among others, and asked them to allocate at least 2% of their profits to CSR. Along with whether it has been spent or not, as we know, it was changed in the 2013 Companies Act that it is mandatory for all companies to spend at least 2% of their profits. The data used in this study comes from that company. According to the annual report as well as the web pages of the concerned companies. We, as researchers, take the initiative to look into the CSR investment and activities of the automobile industry. The main emphasis of this study is the theoretical underpinning for the CSR initiatives taking place in the NSE 05 -listed automobile businesses.

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Keywords: Stakeholder, Sustainability, Securities and Exchange Board of India (SEBI), Corporate Social Responsibility Report (CSR).


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