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The study examines the corporate social responsibility (CSR) strategies and activities of firms as disclosed in annual reports, and explores its linkages to accounting and market performance of firms. The study examines the annual reports of a sample of 30 firms (out of 50) belonging to the benchmark index of the National Stock Exchange of India and tracks these reports for evidence of CSR activities over a 5-year period from 2007 to 2011. The study employs content analysis to study CSR disclosure and classifies and rates these activities using items from an established scale followed by construction of category-wise CSR indexes. The association of these indexes with firm performance is explored through a pooled regression model after provisioning for control variables and lag effects. The study finds that CSR reporting may not have any significant impact on accounting and market performance of the firm in the short term but environment-oriented CSR disclosure may be negatively related to the market performance of the firm. The study also finds that firms focus heavily on employeeand customer-oriented CSR and the modes of CSR investments are more contributory rather than participative in nature.

The synthesis of diethylaniline from aniline and ethanol in the presence of various acids as catalysts has been carried out under pressure. Hydrochloric and sulfuric acids have been found to be superior in catalytic activity compared to hydrobromic, hydroiodic, and phosphoric acids. Under optimum conditions, the conversion of aniline to diethylaniline is found to be 59.39% with sulfuric acid and 65.96% with hydrochloric acid. This paper deals with the rate of oligomerization of 2-methyl-2-butene in H2S04-H20 and H2S04-H~P04-H20 mixtures. Tertiary amylene dimers are the major reaction products with minor amounts of C7's, C9's, and higher boiling hydrocarbons. The oligomerization rate follows first-order kinetics over the temperature range 80-120°F and for 2-methyl-2-butene concentrations of 6.7-16%. The oligomerization rate increased with acid concentration. The activation energy and frequency factor for the H2S04-H20 mixtures were correlated with the Hammett acidity function.

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