48 | Himachal Pradesh University Journal Vol.11 No.1 June, 2023 Evaluating the Impact of CSR Constructs on Perceived CSR Practices: An Empirical Analysis using Multiple Regression Approach Dharmender Mehta, Raj Kumar Singh & Ajay Kumar ABSTRACT The main focus of the present study is to analyse the impact of CSR constructs on perceived CSR practices and to identify the relative contribution of CSR constructs on perceived CSR for Hydroelectric Companies and Cement Companies in Himachal Pradesh. The present study is cross-sectional in nature and data collection spanning from November 2021 to July 2022. The analysis is executed by employing the multiple regression approach. The selection of the companies was done on the basis of their expenditures incurred on the CSR activities, and in the present study four top CSR spending companies, namely, SJVNL, NHPC, ACC and Ambuja Cement areselected. The sample size of the study is 408, out of which 205 respondents are from Hydroelectric Companies and 203 are from Cement companies using the random sampling technique. The rejection of null hypotheses H 1, H 2, H 3 and H 4 reveals that social, economic, environmental and ethical dimensions have positive and significant impact on perceived CSR. Further, the findings of the research reports that among the CSR constructs environmental factors have highest contribution in perceived CSR followed by economic, social and ethical constructs Key words: Perceived CSR, Social: Economic: Environmental: and Ethical. 1.1 Introduction Corporate Social Responsibility (CSR) refers to the practice in which corporations actively engage with their stakeholders to consistently uphold a harmonious equilibrium between their social, economic, and environmental obligations in an ethical manner (Dahlsrud, 2008).There Dharmender Mehta, Senior Research Scholar, Department of Commerce, H. P. University Shimla, H.P. email- dharmendermehta@yahoo.com Dr. Raj Kumar Singh, Professor, Department of Commerce, H. P. University Shimla, H.P. email profrksingh7@gmail.com Dr. Ajay Kumar, Senior Research Scholar, Department of Commerce, H. P. University Shimla, H.P. email katwalajay71@gmail.com