The Influence of Board of Directors on the Corporate Social Performance in the Indian Manufacturing Sector

Abstract

This paper aims to contribute, to the empirical evidence for the influence of Board of Directors on the Corporate Social Performance (CSP). A sample of top 10 companies of BSE, over the period from 2015 to 2019, was examined. The results indicated that the Board of Director influenced the Corporate Social Performance, measured by the CSR amount and the final performance of the firm, measured by Return on Assets. The Corporate Social Performance has a mediating role in the relation between the CSP and Board of Directors, in the manufacturing sector of India.

Keywords: Corporate Social Performance, Corporate Financial Performance, Board of Directors

JEL Classification: M14, G3, G32