Essay On CSR In India

Improved Essays
Show More
India is the one of country that working towards Corporate Social responsibility under the mandatory Companies Act, 2013 of India. Universal Primary Education is the most important Millennium Development Goals goal set by United Nation and India is contributing towards these goals. The aim of this paper is to identify the current status and public perception of a situation of CSR within India by seeking answers of the following questions:-
• Find out investment options to promote CSR.
• Business Employees involvement in CSR.
• To focus on advertising options to promote CSR.
• Impact of primary education on CSR.
The data has been collected in form of survey forms to understand the knowledge, feeling, views, experience and understanding of CSR. …show more content…
Before there was issue how companies are promoting poverty but after the mandatory CSR Act in India thinking towards companies have changes and also Companies are becoming role model in reduction of poverty. Big and small Companies including NGO taking initiative to work towards poverty (Prieto‐Carrón, Lund‐Thomsen, Chan, Muro, & Bhushan, 2006). The study on based of the comparative perspective globalization and the extension of global multinational enterprises ( 'MNEs ') across countries are the main concern of the CSR(Williams & Aguilera, 2008). Many firms are contributing in CSR. Some firms are contributing in sector of education, health and environment and some are contributing in one and more sectors. According to study Nestle/ TCS/MRF are contributing in Health sector, IBM/TCS/ITC are contributing in education sector and IBM/MARUTI/MRF in Environment sector (Chopra & Marriya, …show more content…
India is a development country and there are many issues and areas still need to focus. Many companies have been doing charity work as volunteer and also they are part of the mandatory CSR Act.
According to (Aggarwal) CSR is known from ancient times in India. Business owners from different religions spent their wealth purely on charitable bases by setting up temples and promoting religious conduct etc. Hinduism and CSR- the sellers and merchants charged a specific amount from the buyers and use it for charitable purposes (dharamada).They also give donations or food to the poor people. Sikhism and CSR- Sikhs keep their 10% of earning (daashant) and share it with poor people. Islamism and CSR- a portion of their earnings is to be spent on poor as donation and that portion is known as Zakkat.
Past research has mostly done a study of CSR status within India but there is lack of recommendation of CSR promotion. Our objective is to find out a recommended promotion and investments option for Indian big and small companies working towards

Related Documents

  • Great Essays

    Business Ethics: History Of The Equator Principles Initiative
    • 1959 Words
    • 8 Pages

    Business Ethics: History Of The Equator Principles Initiative

    Nevertheless, these organizations are expected by societies to provide certain services through CSR. The argument lies in the fact that these organizations put a strain on the environmental resources. The same is on the production and market practices. The civil groups use CSR as regulatory measure for these organizations.…

    • 1959 Words
    • 8 Pages
    Great Essays
    Read More
  • Improved Essays

    BHP Billiton Company Case Summary
    • 536 Words
    • 3 Pages

    BHP Billiton Company Case Summary

    By putting resources into the group, financial development can be developed now. BHP association decides their own CSR structure adjusted to suit local, neighboring and the more extensive groups. Primary accentuation is placed on instruction, wellbeing and social advancement whilst utilizing local assets and supporting neighborhood creations and organizations, therefore developing the local economy. CSR policy have positive impact on BHP Billiton Company, they are effective because by using CSR policy “their people begin every day with a feeling of reason and end the day with a feeling of achievement”. Their groups, clients and suppliers value their associations with them.…

    • 536 Words
    • 3 Pages
    Improved Essays
    Read More
  • Improved Essays

    Nbcuniversal's Corporate Social Responsibilities
    • 591 Words
    • 3 Pages

    Nbcuniversal's Corporate Social Responsibilities

    All companies shown to engage in CSR provide a way to a healthy and improved…

    • 591 Words
    • 3 Pages
    Improved Essays
    Read More
  • Improved Essays

    Johns-Manville Corporation
    • 551 Words
    • 3 Pages

    Johns-Manville Corporation

    Johns-Manville Problem To determine whether or not it was ethical for The Johns-Manville Corporation to declare bankruptcy, it’s critical that both points-of-view are laid out to be critiqued. While it would be quite easy to argue that the company should have been liquidated in order to pay the medical costs of the countless asbestos victims, it’s very important to look at the situation from the perspective that saves the jobs of thousands and contributes to the betterment of the working conditions of their employees, as well as the surrounding community. To rationalize their decision, the Board of Directors within the Johns-Manville Corporation could show how their filing of bankruptcy was beneficial to more than just the survival of the company. Expanding on this, the school of Corporate Social Responsibility states that— “Corporate social responsibility (CSR) is a business approach that contributes to sustainable development by delivering economic, social and environmental benefits for all stakeholders.”…

    • 551 Words
    • 3 Pages
    Improved Essays
    Read More
  • Improved Essays

    Wal-Mart's Foreclosure Crisis
    • 1065 Words
    • 5 Pages

    Wal-Mart's Foreclosure Crisis

    Many argue that, since MNC’s operate in a global context, they should use their capital, skills, and power to play proactive roles in handling worldwide social and economic problems and that, at the least, they should be concerned with host-country welfare (Deresky: 2008). The whole issue of social responsibility in regards to MNC’s is one of morality and the human condition. A greater responsibility is to improve overall conditions in third world countries in which MNC’s…

    • 1065 Words
    • 5 Pages
    Improved Essays
    Read More
  • Improved Essays

    Case Study Of Ben And Jerry's Corporate Social Responsibility
    • 782 Words
    • 4 Pages

    Case Study Of Ben And Jerry's Corporate Social Responsibility

    Finally, this paper will explain potential problems might arise with their social responsibility model from an international perspective. Ben and Jerry’s are very socially responsible and ethical proved by their corporate social responsibilities also referred to their “CSR”. According to their website; “CSR entails companies…

    • 782 Words
    • 4 Pages
    Improved Essays
    Read More
  • Improved Essays

    Societal Issues: Modeling Ethics Of Care
    • 1418 Words
    • 6 Pages

    Societal Issues: Modeling Ethics Of Care

    Societal Issues: Modeling ethics of care Taking a Stand on social issues: Introduction: In today’s world where societal issues (such as health, environment, social justice, and human rights issues) continue to take center stage in every area of our lives, there has been an increasing importance to address these issues. Firms are beginning to weigh in on such issues showing an increasing contribution and subscription to ethics of care. This paper takes a look at CEO influence, reasons why firms decide to take a stand on societal issues and what happens when they decide to do so. When organizations make decisions based on ethics of care, there may be consequences for such decisions.…

    • 1418 Words
    • 6 Pages
    Improved Essays
    Read More
  • Great Essays

    Kellogg's Global Code Of Ethics Essay
    • 1157 Words
    • 5 Pages

    Kellogg's Global Code Of Ethics Essay

    Kellogg’s demonstrate remarkable leadership across their global business units with superior ethical standards and sustainable business practices. Their CSR responsibilities are distinctly outlined in their Global Code of Ethics, a code that governs global partnerships, suppliers, relationships and business ethics. Moreover, the Board of Directors and senior leadership are accountable for mandating, owning and promoting the code. Companies that operate across borders, be it in developed countries or emerging markets, have a responsibility to conduct business in an ethical manner. This responsibility and commitment to employees and shareholders, communities and the environment, customers and suppliers and regulatory bodies is supported by leadership and is as important as the core business itself.…

    • 1157 Words
    • 5 Pages
    Great Essays
    Read More
  • Great Essays

    Carlson Company Case Study
    • 1054 Words
    • 5 Pages

    Carlson Company Case Study

    CSR is defined that “a corporation should act in a way that enhances society and its inhabitants and be held accountable for any of its actions that affect, their environment (Lawrence and Weber, 2008, 48).” The company can follow two different theories. The Ownership Theory is defined as “the firm is the property of the owners; the purpose is to maximize market value in the long term and make money for owners” (Lawrence and Weber, 2008, 6). The Stakeholder Theory is defined as “corporation serves a higher purpose- to provide value to society”…

    • 1054 Words
    • 5 Pages
    Great Essays
    Read More
  • Superior Essays

    Amazon Social Responsibility Case Study
    • 991 Words
    • 4 Pages

    Amazon Social Responsibility Case Study

    Recently, scholars and managers have devoted great attention to corporate social responsibility(CSR). Consistent with McWilliams and Siegel(2001), we define CSR as situations where the firm goes beyond compliance and engages in ‘actions that appear to further some social good, beyond the interests of the firm and that which is required by law’. On Wikipedia, corporate social responsibility(CSR) is defined as a form of corporate self-regulation integrated into a business model. Corporate social responsibility(CSR) policy functions as a self-regulatory mechanism whereby a business monitors and ensures its active compliance with the spirit of the law, ethical standards and national or international norms. Corporates intend to build up reputations…

    • 991 Words
    • 4 Pages
    Superior Essays
    Read More
  • Superior Essays

    Behind The Scene Businesses
    • 816 Words
    • 4 Pages

    Behind The Scene Businesses

    (Robyn) : Welcome to “Behind the Scene Businesses”, today we will having a look at Mr Price to see how they stretch beyond expectations in terms of their Corporate Governance and Corporate Social Responsibility. We first investigated Mr Price’s Corporate Governance by assessing how their management’s system of rules, practices and processes controls the business responsibly by adhering to the King Code which ensures integrity, accountability fairness, independence and discipline within the business as well as creating both social and environmental sustainability. This helps the business to minimise corruption, develop its brand, achieve corporate success and encourages economic growth. All of these aspects apply to Mr Price according to their…

    • 816 Words
    • 4 Pages
    Superior Essays
    Read More
  • Improved Essays

    Analysis Of The Warehouse Group
    • 1351 Words
    • 6 Pages

    Analysis Of The Warehouse Group

    Corporate social responsibility (CSR), is defined as a corporations initiatives to assess and take responsibility for the company effects on environment and social wellbeing. This definition has many key aspects to it which is expected by the society…

    • 1351 Words
    • 6 Pages
    Improved Essays
    Read More
  • Great Essays

    Unilever Social Responsibility Case Study
    • 1756 Words
    • 8 Pages

    Unilever Social Responsibility Case Study

    The idea of CSR first discussed in 1953 when it became an academic topic in HR Bowen‟s Social Responsibilities of the Business . Since then,…

    • 1756 Words
    • 8 Pages
    Great Essays
    Read More
  • Improved Essays

    Corporate Social Responsiveness Case Study
    • 1119 Words
    • 5 Pages

    Corporate Social Responsiveness Case Study

    It can show that corporate social responsiveness is a complex issue, it involved lots of parties. Business should consider the interests.of the stakeholders to the firm and relevant .community norms carefully. From the approach of “Iron Law of Responsibility”, while corporate continuous expanse in its business, the community requires firms to take more social responsibilities. Otherwise it will lead to strong social criticism and social pressure, so that enterprises lose the power given by…

    • 1119 Words
    • 5 Pages
    Improved Essays
    Read More
  • Great Essays

    Organizational Identity
    • 5657 Words
    • 23 Pages

    Organizational Identity

    CSR is becoming an increasingly important issue for all organizations. Organizations must assume greater responsibility for their own actions. CSR, to be effective need to be developed in a collective mind which expresses shared values, coordinated behaviour and subordination. The reason for making CSR a collective competence is based on the importance of CSR to build a strong Organizational identity. Organizational identity is the foundation of social capital that employees and managers constitute for promoting the organization performance towards the society.…

    • 5657 Words
    • 23 Pages
    Great Essays
    Read More

Related Topics

Ready To Get Started?
Discover
Company
Follow
©2024 Cram.com
Privacy Policy |  About Ads |  Site Map |  Advertise  | 
  • Cookie Settings