You are browsing entries filed in “ What is CSR ”
National Body to Monitor CSR Funds, Project Execution Likely

National Body to Monitor CSR Funds, Project Execution Likely

Corporate affairs minister proposes SPV for transparent & full use of funds NEW DELHI: An independent mechanism may be put in place to ensure fair, transparent and full use of the funds earmarked by India Inc for corporate social responsibility (CSR) activities. New corporate affairs minister Sachin Pilot has proposed creation of an entity — [...]

Read More...

CSR: A Marketing Tool?

CSR: A Marketing Tool?

Coca-Cola’s Support My School initiative in India has been touted as one of the biggest CSR initiatives by corporate India and is beamed on NDTV with a lot of fanfare. Coca-Cola is not the only company that has effectively bundled, branded and communicated its CSR efforts; too many companies have started communicating their CSR efforts [...]

Read More...

Profit and Corporate Social Responsibility are Closely Linked, Says Report

Profit and Corporate Social Responsibility are Closely Linked, Says Report

Key findings revealed that profits and CSR are closely linked, and many businesses evaluate the relationship between these two variables when developing strategy. (The report is available with INDIACSR. Kindly send your interest to have a soft copy of report. rusenk@indiacsr.in) By Rusen Kumar New York based Corporate and investor relations firm Adam Friedman Associates [...]

Read More...

No Objection From Companies on CSR Norms in Companies Bill: Govt

PTI NEW DELHI: The Corporate Affairs Ministry on Monday said it has not received any objection from the companies to the provision of spending of at least 2% of net profit on corporate social responsibility (CSR) activities in the Companies Bill.   “The ministry has not received any communication from any company expressing reservations/objections about the [...]

Read More...

Study: CSR Disclosure, PAC Contributions Increase Companies’ Returns

Study: CSR Disclosure, PAC Contributions Increase Companies’ Returns

Companies that tout social responsibility and whose managers contribute to political action committees tend to provide higher returns to shareholders, according to research by the University of California, Davis. The trend is especially prevalent in smaller, left-leaning companies, according to the working paper Strange Bedfellows? Voluntary CSR Disclosure and Politics. A strategy of investing in [...]

Read More...

Business Plus NGOs: Agents For Social Change

Business Plus NGOs: Agents For Social Change

By Suresh Kr Pramar Changing expectations about the role of business in society has pushed the concept of good corporate citizenship into the forefront of business decision making. Research studies have revealed that good corporate activities have a positive impact on business performance. Most major companies now recognize that they have an extended family of [...]

Read More...

The New Companies Act to Change the CSR Scenario in India: Dr. Bhaskar Chatterjee, DG & CEO, IICA

The New Companies Act to Change the CSR Scenario in India: Dr. Bhaskar Chatterjee, DG & CEO, IICA

INDIACSR News Network HYDERABAD:  The Companies Bill, 2011, aimed to give a modern legislation for growth and regulation of corporate sector approved by the Union cabinet is set to become an Act during the Winter Session of the Parliament. The Act makes companies answerable towards corporate social responsibility and makes it mandatory for companies with [...]

Read More...

Satyam, Kingfisher, Jindal and their CSR

Satyam, Kingfisher, Jindal and their CSR

My normal questions with young B School students is that which kind of  Company they would like to join “Infosys  or Satyan Type”, Which  business leader they would like to follow  “Narayan Murthy or Ramalinga Raju”. Answer is quite  obvious   no would like to join  Satyam or follow Raju, for  simple reason. By Anil Jaggi [...]

Read More...

CSR: A Cloak for Crooks

CSR: A Cloak for Crooks

By SA Aiyar The government’s new Companies Bill will reportedly ask large companies to spend 2% of their net profit on CSR (corporate social responsibility). The theory is that corporates must aim for social goals, not just profits. It’s unclear whether the 2% allocation will be compulsory or indicative. In either case, this misses altogether [...]

Read More...

Characteristics of Asian Economies and Their Cost of Growth By Rusha Das

Characteristics of Asian Economies and Their Cost of Growth By Rusha Das

In emerging economies, CSR tends to be more about compliance, immediate cost-benefit and philanthropy. By Rusha Das The article highlights some of the key characteristics of Asian forms of CSR to explore diverse approaches to social advancement across Asia, to assess whether certain approaches that are promoted as globally responsible are relevant to the Asian [...]

Read More...

Comments