A STUDY INTO CORPORATE SOCIAL RESPONSIBILITY PRACTICES OF SELECTED INDIAN COMPANIES

Authors: Dr Hemlata Soni

Country: India

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Abstract: The interaction between the corporates and society happens in many ways. The corporates make their investments in various facilities; they make production and sales out the products give employment to the people and engage themselves in various activities. There is an impact on environment through their activities and by using various valuable resources of the nature they generate by products which undoubtedly influences the physical environment of the society. The corporates in all this case may act as a responsible as business or for the business purposes. Any organisation is basically a part of the society and without society it cannot function in isolation hence it has responsibility as well as obligation to take those measures which protect the society as well as gives welfare to the society along with fulfilment of their own objectives. Without the role of society an organisation cannot grow at all hence to achieve their long term success they need to fulfil all of their responsibility towards society. Originally the business is what treated as economic entities which was having primary responsibility for making production of goods or renting services which required by the society at large. But the today’s business and corporates including smaller businesses realising the responsibilities and accept that it extends beyond to their stakeholders and covers a wide range of parties which are directly and directly impacted by performance of the corporate. A Corporate cannot be only a profit making organisation. They have a responsibility to overcome from those problems which has been generated by businesses. Common areas where a corporate supposed to fulfil their corporate social responsibility includes Health, Education, Environmental issues, promotion of art and culture, considerations to the climates and others. With the recognition of fact that involvement of CSR policies in the business could be a good measure in delivering the social values especially in developing countries like India. These people exclusively provide the level of understanding on CSR and the practises generally followed by selected in companies it underlies various policies which Indian corporates follow and the initiatives taken by the.

Keywords: Social, Government, Indian, Responsibility, Business, Economic, Corporate, Society, Managers.

Paper Id: 230720

Published On: 2024-06-30

Published In: Volume 12, Issue 3, May-June 2024

Cite This: A STUDY INTO CORPORATE SOCIAL RESPONSIBILITY PRACTICES OF SELECTED INDIAN COMPANIES - Dr Hemlata Soni - IJIRMPS Volume 12, Issue 3, May-June 2024.

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