Essay Corporate Social Responsibility
• Intellectual equity: Employees invest their ideas in improving technological processes, product quality, cost management, marketing techniques, and customer service. These initiatives usually go far beyond the call of normal duty for which they are compensated.
• Goodwill equity: The community around a firm invests its goodwill; it continues to support operations in spite of inconveniences it suffers in the form of, for example, environmental pollution, and traffic congestion.
• Growth equity: The government's investment is in the form of law and order, infrastructure development, and economic policies conducive to business growth.
• Knowledge equity: Educational institutions invest their expertise through their research and their students.
Given the latent discussion around the implications of having a regulated CSR scheme, as well as the scarce literature addressing the subject in the context of middle income and developing countries; the newly enacted policy on corporate social responsibility in Indian and its applicability through a PPP approach emerge as an interesting case for research.
By the application of semi-structured personal interviews with relevant stakeholders, and