Integrated Study of Ethical and Economic Efficiency of Society’s Perception of Corporate Social Responsibility in India

This research paper examines the different facets of corporate social responsibility (CSR), its relevance, and its economic efficiency on society. A Likert scale with five points was used in the study to assess the attitudes of the general public and the business community. The data analysis was carried out with SPSS. According to the findings of the study, corporate social responsibility has a substantial impact on societies in order to sustain economic efficiency. The results of the EFA analysis indicated that there is a significant association between the various components of the responses. Despite the numerous discrepancies that were revealed in the process of empowering society in various fields, it is impossible to rebut the misleading claim that the firm was effectively embracing CSR. As a consequence, the numerous stakeholders will have a better understanding of the connections between CSR, businesses, and society. This very original study reveals crucial details about the legal and regulatory issues that arise when integrating CSR into an organization's internal governance structure, resulting in a benefit to society that directly reaps the rewards of CSR. This study was carried out to demonstrate that integrating CSR into an organization's internal governance structure can positively impact society.