Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Articles Article Faculty Publications -Articles Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource The impact of excess CSR expenditure on firm value anddividend payout in India: ananalysis using firm age andsize dynamics Subject The topic of the resource Corporate social responsibility (CSR); CSR expenditure; Dividend payout; Firm value Description An account of the resource Purpose: The paper looks at the impact of excess amount of CSR expenditure (CSRE) in relation to mandatory CSRE in an Indian context on dividend payout (DP) and firm value (FV) where CSRE is mandatory, as well as how this relationship varies between firms based on their age and size. Design/methodology/approach: A sample of the 657 companies listed on the National Stock Exchange (NSE) from 201415 to 202021 is used in the study, for which spending on CSR was mandatory. A two-step generalised method of the moment is employed to examine the relationship between the variables of interest. Findings: The results show that excess CSREs neither increase the firms valuation nor benefit shareholders' economic benefits, i.e. dividend distribution. However, a deeper analysis reveals that excess CSRE is positively associated with FV in the case of smaller firms and also positively corresponds with DP in the case of younger firms. Originality/value: The present study explicitly considers the excess CSR spending beyond the mandated requirements. It investigates whether such spending contributes to firms improving their valuation and explores its connection to DPs. Peer review: The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-02-2024-0136. 2024, Emerald Publishing Limited. Creator An entity primarily responsible for making the resource Chettri N.; Makan L.T. Source A related resource from which the described resource is derived International Journal of Social Economics Publisher An entity responsible for making the resource available Emerald Publishing Date A point or period of time associated with an event in the lifecycle of the resource 2024-01-01 Identifier An unambiguous reference to the resource within a given context <a href="https://doi.org/10.1108/IJSE-02-2024-0136" target="_blank" rel="noreferrer noopener">https://doi.org/10.1108/IJSE-02-2024-0136</a> <br /><br /><a href="https://www.scopus.com/inward/record.uri?eid=2-s2.0-85203181373&amp;doi=10.1108%2FIJSE-02-2024-0136&amp;partnerID=40&amp;md5=e0de3f06e18034b06fcea11d72237888" target="_blank" rel="noreferrer noopener">https://www.scopus.com/inward/record.uri?eid=2-s2.0-85203181373&amp;doi=10.1108%2fIJSE-02-2024-0136&amp;partnerID=40&amp;md5=e0de3f06e18034b06fcea11d72237888</a> Rights Information about rights held in and over the resource Restricted Access Relation A related resource ISSN: 3068293 Format The file format, physical medium, or dimensions of the resource Online Language A language of the resource English Type The nature or genre of the resource Article Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant Chettri N., Department of Commerce, St. Edmunds College, Shillong, India; Makan L.T., Department of Commerce, North Eastern Hill University, Shillong, India, Department of Commerce, CHRIST University, Bengaluru, India