This Presentation provide cross cultural aspects of European and Indian Developing Countries.Many Indian Companies like Indian Oil,ITC,Mahindra have contributes in CSR.
3. Corporate Social Responsibility
It is a management concept whereby
companies integrate social and environmental
concerns in their business operations and
interactions with their stakeholders.
CSR is one effective tool that synergizes the
efforts of corporate & the social sector
agencies towards sustainable growth &
development of the societal objectives at
large
4. SOCIETAL INITIATIVES TAKEN
BY INDIAN COMPANIES
Indian Oil providing petrol/diesel station dealerships
and LPG distributorships to beneficiaries from among
Scheduled Castes, Scheduled Tribes
The K C Mahindra Education Trust was established in
1953 by late Mr. K C Mahindra with an objective to
promote education
ITC(Indian Tobacco Corporation) through its
proprietary notebook and college equipment brand
name, Classmate, it collects one paisa from every
sale to donate to NGOs and feed hungry, below
poverty, children in India.
5. Determinant of Corporate Social
Responsibility in India
• Profitability
• Level of Leverage
• Industry Type
• Status of the Audit Firm
• Corporate Size
8. Hypothesis
• H1: Company profitability has a positive
influence toward corporate social
responsibility disclosure
• H2: Company size has a positive
influence toward corporate social
responsibility disclosure
9. Elements of corporate social
responsibility
• Business-based social purpose
• Clear theory of change
• Quality and depth of information
• Concentrated effort
• Partnering with experts
10. Theories of CSR among corporate
sector
• Managerial Theory
• Relational Theory
• Utilitarian Theories
11. Theories of CSR in general public
• To share the negative consequences as a
result of industrialization
• Closer ties between corporations and
community
• Interdependency between a corporation and
community
• for corporate sustainability goals