Home | Corporate Social Responsibility Guide

Corporate Social Responsibility Guide

Companies have gradually accepted the relationship between good business policies and socially responsible business practices as obligatory today. A company perceived to be consciously accountable for the decisions it makes beyond the basic profit making is generally the one that is held in high regard among general public as well as its own employees.

Business meeting

On the other hand, a company that is solely concerned about its own benefits and income with no sense of responsibility towards the society is more likely to attract the wrath of activist groups launching public campaigns against it, while simultaneously degrading its own image among the employees resulting in poor morale among them.
The best companies of today are increasingly devoting time and resources towards worthwhile social causes. Donating money for charities while encouraging employees to engage in socially responsible activities has become a visible trend among businesses and a majority now realizes that the ethical behavior of a company towards society is just as important as making profits. While these profits are vital to the functioning of the company and cannot be ignored, companies are aware that responding to social obligations can create higher standards of living for people within and outside the company.

Indian Corporates on the CSR Scene

Indian Corporates are slowly adapting to the rapidly changing scenario. However, a lot of them have consciously chosen to stay behind. Moreover, those who are actively adapting to the change are foreign companies operating in India i.e. MNCs. Though some ...

Read More »

The Concept of CSR combined with Growth in India

It is interesting to note that CSR is a multifaceted concept, each side of the concept interdependent on the other, thus forming a sharply cornered cubicle.  One not only has to understand the legal consequences but also consider the growth ...

Read More »
Dr Prem Web Network