Title: The role of CSR in shaping financial reporting and accounting decisions in India: a fuzzy analytical hierarchy process approach

Authors: Suresh Kumar Sahoo; Stutee Mohanty; Saudamini Swain

Addresses: Sri Sri University, Naraj, Cuttack, Odisha, 754006, India ' Birla Global University, Gothapatana, Bhubaneswar, Odisha, 751003, India ' Odisha University of Agriculture and Technology, near Post Office, Unit 8, Surya Nagar, Bhubaneswar, Odisha, 751008, India

Abstract: This study examines the role of various corporate social responsibility (CSR) factors in determining and shaping corporations' financial reporting and accounting decisions in India, the fastest growing economy in the world. This study includes various CSR variables deduced by conducting a thorough literature review of articles published by numerous academics and researchers in Scopus-indexed journals over the past two decades. The authors employed the fuzzy analytical hierarchy process (F-AHP) to investigate the impact of CSR constructs on the choices made by corporate leaders in the country. The results highlight that global standards and guidelines, sustainability, and stakeholder engagement have the most significant positive impact on Indian business leaders' financial reporting and accounting decisions. Risk management has the least significant effect on these decisions. The majority of the study was carried out in Southern India, where there is little variation in people's perception.

Keywords: corporate social responsibility; CSR; financial reporting; accounting; decision-making; corporations; fuzzy analytical hierarchy process; F-AHP; India.

DOI: 10.1504/IJCG.2026.152089

International Journal of Corporate Governance, 2026 Vol.16 No.1, pp.38 - 66

Received: 28 May 2025
Accepted: 20 Oct 2025
Published online: 06 Mar 2026 *

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