CORPORATE SOCIAL RESPONSIBILITY IN THE WAKE OF COMPANIES ACT 2013: CONCEPTUAL ANALYSIS
Journal Title: International Journal of Research in Social Sciences - Year 2017, Vol 7, Issue 11
Abstract
The Concept of CSR in India is not new, but the term may be. The Process through acclaimed recently. It has been followed since ancient times informally. Philosophers likes, Kautilya and Gandhi (Ethical Model) From India preached and promoted ethical principles while doing business. During last century, CSR has moved quite a far from religious/Philanthropy to a strategy. After the Companies Act 2013, Companies have now Started reporting their CSR activities in their annual reports along with financial results, not because it has become mandatory for corporates to ensure that they spends, in any financial year, at least 2% of the average net profit, made during their immediate preceding financial years but because they have understood it well that, financial performance is entwined with good social and environment performance. This initiative is going to have two fold effects viz. , it will pay attention to various social sectors and activities including education, health, hunger poverty, gender equality and women empowerment etc. Especially in remote and under developed areas and secondly, it will ensure compulsory contribution of corporate to the society.
Authors and Affiliations
Asra Sultana
Keywords
Related Articles
- EP ID EP20671
- DOI -
- Views 372
- Downloads 18
Exploring consumer evaluation of E ‐ Govern ance Services offered by Government of India
E-Governance is nothing but use of internet technology as a platform for exchanging information, providing services and transacting with citizens, businesses, and other arms of government. Today, citizens are willing t...
The Information Seeking Behavior of Bogor Agricultural University Students Based on Their Generation and Level of Education
The emergence of digital natives and digital immigrant generation is due to the rapid development of information and communication technology. For the generation of digital natives who have grown up with computers and...
The position of the C.E.O. in the cycle of the entrenchment
The objective of this paper is to study the position of the C.E.O. in the cycle of the entrenchment, taking note of the effectiveness of the mechanisms of control internal and external leaders, we set out in this frame...
Self-concept, Self-efficacy and Achievement Motivation among middle school and high school students
A sample of 125 school students (65 middle-school and 60 high-school) from P.K.International School, Pune, Maharashtra was selected for the above study. They responded to Self-concept Questionnaire by Saraswat, The Gen...
Secondary School Students of India: Needs To Improve Their Study Habits
In India, we have very different and diverse students in our classrooms. Are all of them able to grasp, read and practice in same way, same time and also same technique? No it is not possible. To solve this problem, we...