Impact of the paradigm shift in corporate social responsibility from voluntary to mandatory on corporate financial performance

To get a complete picture of CSR disclosure in the form of statements within the aforementioned four dimensions, a thorough CSR disclosure checklist is created. Each statement's disclosing value is divided into three categories: quantitative disclosure, qualitative disclosure, and non-disclosure. The current investigation was conducted over a period of three years, from 2014 to 2016. This time frame was selected because the Companies Act underwent a significant modification in 2013 to require businesses to fulfil their social responsibility obligations. A sample of 81 firms listed on the Indian Bombay Stock Exchange is chosen for the study.