“In new research, Jitendra Aswani finds that India’s mandatory corporate social responsibility contribution for large firms increased corporate borrowing costs, but transparency and clear communication to investors about these contributions reduced the additional costs.”

[COMMENTARY] At the time it was implemented there was considerable discussion around the world about its effects on affected Indian companies and the Indian economy. Now, with this study, we gain some insight into those effects.
The Costs of India’s Mandatory Corporate Social Responsibility Rule, by Jitendra Aswani, July 11, 2024, Promarket, University of Chicago Booth School of Business, USA.