Record Details

SOCIAL CORPORATE RESPONSIBILITY: AN INDIAN PERSPECTIVE

Sai Om Journal of Commerce & Management - International

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Field Value
 
Title SOCIAL CORPORATE RESPONSIBILITY: AN INDIAN PERSPECTIVE
 
Creator Aggarwal, Sonia
 
Subject Corporate Social Responsibility; Firm Incentives; Social Welfare; Efficiency; Regulation; Enforcement
 
Description We make a living by what we get, but we make a life by what we give.” – Winston Churchill.India is a developing economy, here Corporate Social Responsibility (CSR) play important role in organizations. In Indian industry one can easily notice a paradigm shift from corporate philanthropist to being socially responsible. The importance of CSR is increasing in Indian corporate scenario because organization have realize that ultimate goal is not profit making beside this trust building is viable and assert able with societal relationship. The compulsion of CSR has emerged in last two decades when Indian organization realizes the importance of sustaining in this cutthroat competition era. Before this Indian industries had materialistic culture. In the hue and cry of LPG (Liberalization, Privatization and Globalization) companies were only focused toward profit maximization which led social backwash. To overcome this fashion CSR play an important role in sustainable development which is only possible when there is a balance between profit and lowering social backwash or eradicating it. This research paper try to analyze the study of CSR status in India, this can give insight to what extent companies can follow the CSR. I would like to through light on CSR for Indian organization which would be helpful for both economic and social interest which would be futuristic majors to provide valuable information as well as suggest on their CSR practices and performance.
 
Publisher Sai Om Publications
 
Contributor —
 
Date 2016-02-03
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://abhinavjournal.com/journal/index.php/ISSN-2347-7571/article/view/917
 
Source Sai Om Journal of Commerce & Management: A Peer Reviewed International Journal (Online ISSN 2347–7571); Vol 3, No 1 (2016): Sai Om Journal of Commerce & Management: A Peer Reviewed International Journal (Online ISSN 2347–7571); 8-12
2347–7571
 
Language eng
 
Relation http://abhinavjournal.com/journal/index.php/ISSN-2347-7571/article/view/917/635
 
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