Web Disclosure of Corporate Social Responsibility: A Study of Indian Insurance Companies Amandeep Kaur*, Rajinder Kaur** * Research Scholar, Department of Commerce, Punjabi University, Patiala, Punjab, India. Email: akaur1640@gmail.com ** Professor, Department of Commerce, Punjabi University, Patiala, Punjab, India. Email: rajindergb@yahoo.com Abstract Corporate Social Responsibility is a tool in the hands of companies to enhance the reputation in the eyes of society and government by spending some proportion of profit on various activities like education, health, employment, women empowerment, sports, rural development, etc. Companies communicate CSR information through various channels of communication viz. Annual reports, media, web site etc. The study focuses on the level of corporate social responsibility disclosure on the websites of 45 insurance companies including 22 life and 23 non-life insurance companies in India and also analyze the effect of different attributes namely size, liquidity, age, and profitability on corporate social responsibility web disclosure (CSRWD). The study found that level of CSRWD of insurance companies is low. Education, health, employment, and environment are highly concerned areas for CSR expenditure. Size is showing a significant relationship with web disclosure of corporate social responsibility in case of life insurance sector whereas in case of non life insurance sector in case of non-life insurance sector, size and profitability are found to be good predictor of web disclosure of corporate responsibility. Keywords: Corporate social responsibility, Insurance sector, web disclosure, Companies Act, 2013, Profitability. the natural world as well the various parties of society. Such responsibility towards society and environment is popularly known as corporate social responsibility. Corporate social responsibility directs the business entities toward sustainable development and put the two different concepts i.e. social accountability and business proftability together. Corporate social responsibility is a very extensive concept that includes health, education, employment; donations, sports, rural developments, environment, women empowerment, government campaigns and other issues. No business can survive in a long period without their positive contribution to their related surroundings. CSR helps in many ways like it presents the positive image of business in the eyes of various parties, attracts the loyal and talented staff, long- term organization intensifcation, easily obtaining capital and customer withholding. To make corporate sector socially responsible, MCA (Ministry of corporate affairs) introduced section 135(1), Companies Act, 2013, which came into effect on 1 st April/ 2014. As per this section, if any company covers under the sphere of CSR provisions will have to spend 2% of average proft (of last 3 years) on CSR activities and will prepare CSR policy & CSR Committee. So, following companies have to follow these provisions- (I) Companies having net worth Rupee 500 crores or more, or (II) Companies having turnover Rupee 1000 crores or more, or (III) Companies having Net proft 5 crores or more Schedule VII of companies Act, 2013 has specifed areas for CSR expenditure which covered the ample range of International Journal of Banking, Risk and Insurance 7 (1) 2019, 13-24 http://publishingindia.com/ijbri/ Introducton Business units are a capacious consumer of the natural resources and take a help from different parties of society to run their operations. In the reciprocal, it’s the duty of business units to function in the favour of Submitted: 12 November, 2018 Accepted: 18 January, 2019