Mandatory corporate social responsibility: A study on selected Indian Largest Transport Service Companies

Corporate Social Responsibility (CSR) has taken on a crucial role in the present decade, as the sustainability and growth of a company depend on its positive impact on society. Economic, ethical, legal, and philanthropic actions all fall under the umbrella of CSR. The present paper examines the provisions for CSR activities, practices, disclosures and compliance with the new Companies Act, 2013 provision by selecting the largest Indian transport services companies (including Road, Railway, Air, Shipping and Transport logistics services). It has been observed that the disclosure or explanation mandated looks to be promoting better transparency and disclosure of CSR practices.