Table 6

Summary of hypotheses tested

H1: CSR has a significant negative impact on the CFP of publicly traded companies in IndiaAccepted
H2: Firm age has a significant negative moderating impact on the CSR–CFP relationshipAccepted
H3: Future growth opportunities have a significant negative impact on the CSR–CFP relationshipAccepted
H4: Promoters’ holding has a significant positive moderating impact on the CSR–CFP relationshipAccepted
H5: Government ownership has a significant negative moderating impact on the CSR–CFP relationshipAccepted

Source(s): Authors’ analysis

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