Corporate social responsibility budgeting and spending during COVID-19 in Oman: A humanitarian response to the pandemic.

COVID-19 is causing economic panic among people, governments, and businesses, requiring greater corporate social responsibility (CSR). Using a sample of Omani-listed firms, this study shows that CSR budgeting and spending have increased considerably during the pandemic. It also shows that CSR budgeting is positively affected by the increase in COVID-19 deaths.