You are browsing entries filed in “ What is CSR ”
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...

Do Companies Take CSR Seriously

Do Companies Take CSR Seriously

By Asish K Bhattacharyya The Companies Bill 2011 is likely to be placed in the Parliament in the winter session. We may expect that it will be passed, as the Bill incorporates most of the recommendations of the Parliamentary Committee. The Bill approved by the Cabinet is not yet in the public domain. Therefore, we [...]

Read More...

CSR Will Not Help Society if Companies Make Profits by Corrupting Political Brass: Arun Maira

CSR Will Not Help Society if Companies Make Profits by Corrupting Political Brass: Arun Maira

NEW DELHI: Spending money on corporate social responsibility activities will not benefit the society if companies make profits by “corrupting” the political brass and damaging the environment, according to Planning Commission Member Arun Maira. He said the level of people’s trust in both public and private institutions are declining worldwide. “If you keep making profits [...]

Read More...

Govt Seeks to Make CSR Spending Mandatory for Companies

Govt Seeks to Make CSR Spending Mandatory for Companies

NEW DELHI: With an aim to improve corporate governance, the government today approved various amendments to Companies Act, including mandatory earmarking of funds by companies for Corporate Social Responsibility (CSR) spending. As per the amendments approved by the Union Cabinet this evening, the companies would also have to give preference to the local areas of [...]

Read More...

Funds under Corporate Social Responsibility

Funds under Corporate Social Responsibility

INDIACSR News Network NEW DELHI: As per available information, the Government has not received any type of funds under Corporate Social Responsibility (CSR) heads from the industrial companies of public and private sectors. The Government has released the National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business in July, 2011. These guidelines are [...]

Read More...

Comments