An overview of the evolution, Role and Scope of the Corporate Social Responsibility (CSR) in India
Keywords:
CSR,, Corporate Social ResponsibilityAbstract
CSR is described by the United Nations Industrial Development Organization (UNIDO) as the integration of social and environmental issues into corporate operations and relationships with customers and other stakeholders. According to most people, corporate social responsibility (CSR) is the process through which a firm balances its economic, environmental, and social responsibilities while also meeting the expectations of shareholders and other stakeholder groups. There is a big difference between CSR and philanthropy/charity since CSR is a business strategy. The CSR policy of a corporation affects not just the firm's charitable efforts but also its business operations, supply chain, and human resource.CSR aims to promote a beneficial influence on the environment, customers, workers, communities, stakeholders, and all other members of the public sphere via the company's operations.
References
Mishra,S & Diamodar,S.(2011). Does corporate social Responsibility Influences Firm Performance of Indian Companies. Journal of Business Ethics,95(4) ,571-601.
Corporate Social Responsibility In India, Global CSR Sumitt, July 25th, (2013). PHD House, New Delhi Retrieved from www.ey.com/...Corporate-Social-Responsibility-in India/.../EY Corporate- Social-Resp.
Economic Times-PTI (2016, Mar 10). PSUs spent over `2400 cr in CSR in 2014-15. Reterieved from http://economictimes.indiatimes.com/topic/CSR-spending.
Economic Times-PTI (2016, Mar 15). Almost 76% of CSR amount spent by corporate: Finance Minister Arun Jaitley. Retrieved from http://economictimes.indiatimes. com/topic/ CSR-spending.
Economic Times-PTI (2016, Mar 27). Most corporate see higher CSR spending next fiscal, says survey. Reterieved from http://economictimes.indiatimes.com/topic/CSR-spending.
Economic Times-PTI (2016, Jul 19). CSR: 2,351 companies spend nil, 776 firms engage NGOs. Reterieved from http://economictimes.indiatimes.com/topic/CSR-spending.
India CSR Outlook Report (2016). NGOBOX, A snapshot of CSR spend 2015-16 of 250 Big companies. Reterieved from www. ngobox.org/media/India
Kassam, Meeanz., Handy, Femida., & Janson, Emily. (2016). Philanthropy In India –Promise to practice. SAGE Publications Indian Pvt. Ltd.
Kumar, Nitin. (2014). Corporate Social Responsibility: An Analysis of Impact and Challenges in India. vol.3, issue 5 (May 2014) online issn 2320-0073.
Prabhakar, Rajeev., & Mishra, Sonam. (2013). A Study of Corporate Social Responsibility in Indian Organization: An-Introspection. Proceedings of 21st International Business Research Conference, ISBN: 978-1-922069-25-2
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Re-users must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use. This license allows for redistribution, commercial and non-commercial, as long as the original work is properly credited.