Download Corporate Governance and Corporate Social Responsibility of by Saumitra N. Bhaduri, Ekta Selarka PDF

By Saumitra N. Bhaduri, Ekta Selarka

The publication explores the theoretical and empirical concerns in terms of the interplay among company governance and company social accountability (CSR) actions undertaken by means of Indian businesses. It offers a hugely targeted view at the evolution of CSR and its nexus with company governance. this can be quite well timed within the context of the hot Indian businesses Act 2013, which mandates company social accountability and revises the simplest corporate-governance practices for big businesses. The findings of this examine are specific in drawing from a unified framework of Indian company governance constitution and company engagement in CSR. The book’s scope is either educational and useful; the study method built and applied comes in handy for researchers, whereas the consequences and the choice of variables offer beneficial details for practitioners and stakeholders. eventually, even though it specializes in huge Indian businesses, the findings can be utilized to investigate on different rising economies.

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The survey results indicate that socially-conscious consumers care most about environmental sustainability. Around 66 % of socially conscious consumers identified environmental sustainability as a cause companies should support. More than 50 % of socially conscious consumers may be less obvious: improvements to science, technology and math education. Eradicating extreme poverty and hunger is also a priority for this segment, with 53 % of socially-conscious consumers believing brands should play a role in the cause.

Pedersen (2010) describes that it is the focus on the TBL that brings out a more practitioner based model of social responsibilities. This further captures the differences in managers’ view of CSR. For example, some of them view CSR in a reactive approach that CSR is carried out merely to comply with responsibility and avoid risk, while the others take the proactive approach to perceive CSR as an effort to make wider changes in society. Overall, managers view CSR as about producing goodquality products without doing harm to environment while creating value for the company and community.

Promote gender equality and empowerment of women 4. Reduce child mortality 5. Improve maternal health 6. Combat HIV/AIDS, malaria, and other diseases 7. Ensure environmental stability 8. Develop a global partnership for development. 2 United Nations Global Compact (UNGC) The Global Compact—a voluntary UN initiative provides a set of objectives that defines a framework for businesses to align their operations and strategies in the areas of human rights, labour, the environment and anti-corruption.

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