Corporate Social Responsibility and Development in India: A Review
Journal Title: Journal Global Values A Peer Reviewed International Journal - Year 2017, Vol 0, Issue 2
Abstract
Corporate Social Responsibility is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders. CSR is the deliberate inclusion of public interest into corporate decision making, and the honoring of People and Profit, the role corporates can play in bringing about positive change in the area of human development and social inclusion. CSR is no longer seen as corporate social assistance or philanthropy, but as essential to a good business strategy, helping reduce investment risks and enhancing business profits by improving transparency and accountability. It is about working together with government, with civil society, and with the community to improve the lives of millions of people by making growth more inclusive. In this context the present paper will discuss the role of CSR in the development of India with taking some corporate examples.
Authors and Affiliations
Dr. B. Ramalingam
Keywords
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