CSR & Trade Credit - The Strategic Link - A Case of Energy Sector

Authors

  • Raja Ghosh Doctoral Research Scholar, ICFAI University, Ranchi
  • Sarojkant Singh General Manager (Business Strategy & Risk), McNally Bharat Engg. Co. Ltd., Ranchi
  • Cedric Goubert Director Synergies, Frigoglass, Spin-off of Coca Cola Hellenic Group, Hyderabad

DOI:

https://doi.org/10.33516/maj.v57i4.83-90p

Keywords:

No Keywords.

Abstract

The proportion of renewables in the total energy mix has been in an increasing trend in the business portfolio of energy sector companies to attain sustainability goals. This article provides evidence as to how corporate social responsibility (CSR) coupled with trade credit can be leveraged for optimizing the overall financing cost towards achieving such sustainability goals. This study aims to provide evidence towards the existing body of research showing how CSR reduces cost of financing and availability of trade credit. The study also provides evidence as to how CSR expenditure is correlated to trade credit, leading to sustainable financing and impacting the overall achievement of sustainable business goals.

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Published

2022-04-30

How to Cite

Ghosh, R., Singh, S., & Goubert, C. (2022). CSR & Trade Credit - The Strategic Link - A Case of Energy Sector. The Management Accountant Journal, 57(4), 83–90. https://doi.org/10.33516/maj.v57i4.83-90p

Issue

Volume 57, Issue 4, April 2022

Section

CSR
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Europe PMC

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