Corporate Social Responsibility is a new and untouched phinomina for Indian Companies and introduction of it from Financial Year 2014-15 as compliance for selective categories of companies, there is going to be a far reaching impact of it into the society and economy
Corporate Social Responsibility is a new and untouched phinomina for Indian Companies and introduction of it from Financial Year 2014-15 as compliance for selective categories of companies, there is going to be a far reaching impact of it into the society and economy
Meaning & definition of CSR
History & evolution of CSR
Motives of CSR
Benefits and internal scope of CSR
Enterprise social responsibility
Concept of sustainability & stakeholder management
CSR through triple bottom line and sustainable business
Environmental aspect of CSR
Chronological evolution of CSR in India
Syllabus as prescribed by RTM Nagpur University for the course 'CSR and Sustainability, for MBA Programme
Corporate Social Responsibility, CSR amendments under the Companies (Amendment) Act, 2019, Benefits of CSR, Management of Socially Responsible Business, Pyramid of CSR, Economic Responsibility, Legal Responsibility
Ethical Responsibility, Philanthropic Responsibility, discretionary responsibility, Section 135 and Schedule VII of Companies Act, Entries in Schedule VII, Types of CSR activities under Schedule VII of the Companies Act 2013, Business Ethics, CSR of Business Towards Stake Holders, Social Responsibilities of Business Towards Different Stakeholders-SHAREHOLDERS, GOVERNMENT, CUSTOMERS, EMPLOYEES, SOCIETY, Reasons for Businesses to Engage in CSR, Social Responsibility ----
Arguments for/ in favour of Social Responsibility of Business, Social Responsibility ----
Arguments Against Social Responsibility of Business, CSR Activities of Companies
this ppt includes general meaning of csr
its 5 bottom line concepts
its types
principles and strategies
arguments for and against
then csr activities of 4 diff. companies
Current trends and opportunities in CSR
CSR as a strategic business tool for sustainable development
Review of successful corporate initiatives & challenges of CSR
Case Studies of Major CSR Initiatives
Meaning & definition of CSR
History & evolution of CSR
Motives of CSR
Benefits and internal scope of CSR
Enterprise social responsibility
Concept of sustainability & stakeholder management
CSR through triple bottom line and sustainable business
Environmental aspect of CSR
Chronological evolution of CSR in India
Syllabus as prescribed by RTM Nagpur University for the course 'CSR and Sustainability, for MBA Programme
Corporate Social Responsibility, CSR amendments under the Companies (Amendment) Act, 2019, Benefits of CSR, Management of Socially Responsible Business, Pyramid of CSR, Economic Responsibility, Legal Responsibility
Ethical Responsibility, Philanthropic Responsibility, discretionary responsibility, Section 135 and Schedule VII of Companies Act, Entries in Schedule VII, Types of CSR activities under Schedule VII of the Companies Act 2013, Business Ethics, CSR of Business Towards Stake Holders, Social Responsibilities of Business Towards Different Stakeholders-SHAREHOLDERS, GOVERNMENT, CUSTOMERS, EMPLOYEES, SOCIETY, Reasons for Businesses to Engage in CSR, Social Responsibility ----
Arguments for/ in favour of Social Responsibility of Business, Social Responsibility ----
Arguments Against Social Responsibility of Business, CSR Activities of Companies
this ppt includes general meaning of csr
its 5 bottom line concepts
its types
principles and strategies
arguments for and against
then csr activities of 4 diff. companies
Current trends and opportunities in CSR
CSR as a strategic business tool for sustainable development
Review of successful corporate initiatives & challenges of CSR
Case Studies of Major CSR Initiatives
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Corporate social responsibility and disaster management: a study of 2012 floo...Solomon Adetokunbo
The study examines the role of corporate social responsibility in disaster management; a study of the 2012 flood in Nigeria. Flood makes an enormous impact on the environment and society creating a tremendous monetary expense for governments, business and individuals alike, this therefore makes the management of flood or disaster an enormous task that the government cannot handle alone, prompting the need to reach out to corporate organizations. The objective of this study was to find out if CSR was used in managing the 2012 flood in Nigeria, examine the aspect of the management of the 2012 flood in Nigeria that CSR was employed, discover the reasons for the use of CSR in the management of the 2012 flood in Nigeria and to ascertain why corporate organizations where involved in the management of the 2012 flood in Nigeria. Relevant literature was reviewed for the study using the conceptual, empirical and theoretical framework, the Integrated Social contract theory by Donaldson was used for the research, the theory helps to explain the relationship between the society and organizations, stating the expectations of the society from the organizations and how the organization is expected to behave. Interview method was used to gather information, the population consist of all the corporate organizations in Nigeria, the sample was drawn using purposive sampling method, Four organizations; Dangote group, Globacom, Mouka foam and National Emergency Management agency (NEMA) were selected for the study. The findings of the research shows that CSR was employed in the management of the 2012 flood in Nigeria, CSR can play an important role in the management of disaster in Nigeria, however a great chasm still exist between the corporate organizations and statutory regulatory bodies that are in charge of disaster management . it was also observed that the participation of corporate bodies was borne mainly or to a large extent out of a strong and already existing company value for corporate philanthropy and social responsibility, the drive to benefit from the government tax incentive or both. It was therefore based on this findings that this research concludes that CSR can be effective in the management of disaster if well harnessed, it is therefore recommended that proper structure be put in place so as to harness the already existing CSR of corporate organizations and maximize it in the management of disasters.
CSR OF ADITYA BIRLA GROUP OF COMPANIES.Winnie Manoj
WE BASICALLY WANTED TO SHARE OUR MBA PROJECT WITH YOU..
TOPIC : CORPORATE SOCIAL RESPONSIBILITY OF ADITYA BIRLA.
ITS DONE AND WRITTEN IN A LAYMAN'S LANGUAGE SO AS FOR PUBLIC'S BETTER UNDERSTANDING.
Knowledge management (KM) is the process of creating, sharing, using and managing the knowledge and information of an organization. It refers to a multi-disciplinary approach to achieving organizational objectives by making the best use of knowledge
Concept of Corporate social responsibility
2. Types of CSR
3. Advantages
4. Concept of CSR under Indian law
5. Companies involved in CSR
6. Concept of CSR under English law
7. Conclusion
CSR Contribution made by selected Indian Manufacturing Multinational Companiesijtsrd
"The concept of CSR has gained lot of significance lately. But in India, complying provisions of CSR becomes mandatory after introduction of CSR policy in Indian Companies Act, 2013 for the companies who fulfill the certain criteria as mentioned. The rationale behind CSR is to embrace the responsibility for companies’ action and encouraging the positive impact through its activities on environment, healthcare, livelihood, rural development, education and so on. The present study has made an attempt to understand the CSR policy initiatives made by four major companies in India. All the data collected and used for research work is secondary in nature like official websites and reports published by companies, magazines, journals and other reference books. The purpose of this paper is to know the contribution made by four top Indian manufacturing MNC and analyze the same. These companies are drawn from ‘The CSR Journal Miss. Charuta P. Kulkarni ""CSR Contribution made by selected Indian Manufacturing Multinational Companies"" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Special Issue | Fostering Innovation, Integration and Inclusion Through Interdisciplinary Practices in Management , March 2019, URL: https://www.ijtsrd.com/papers/ijtsrd23055.pdf
Paper URL: https://www.ijtsrd.com/management/strategic-management/23055/csr-contribution-made-by-selected-indian-manufacturing-multinational-companies/miss-charuta-p-kulkarni"
Corporate social responsibility an opportunity to improve the status of soc...CA. (Dr.) Rajkumar Adukia
This article will provide us the overall idea about corporate social responsibility from root level to top level. The main motive behind the formation of this concept is the economic contribution of companies to society
Social Enterpreneurship: A Form of Social Responsibility in Indiaprofessionalpanorama
The social and economic hardships in India can be overcome through the innovation and
promotion of best practices and positive models as well as by spreading good examples of
social entrepreneurship and social responsibility. A major future challenge is not the proper
implementation of 2% Corporate Social Responsibility mandate but to ensure contribution of
businesses to reduce the problems and work for the betterment of the society by sustainable
means. The paper highlights the importance of social entrepreneurial ideas for improving the
business climate in the country. Social entrepreneurship is becoming a popular form of social
responsibility and a way to solve a variety of urgent social problems. In order for a society to
boost social entrepreneurship, it needs a specific environment where such ideas can emerge
and develop into an active business models. This paper aims to provide a comprehensive
literature review of terms social responsibility and social entrepreneurship. It also examines
the current social entrepreneurship activities in India. The paper concludes that social
entrepreneurship has a better impact and more desirable than Corporate Social
Responsibility.
Assessment of CSR Law in Companies Act, 2013 – An Analysis of the Performance...inventionjournals
Introduction: The new law making CSR expenditure and reporting mandatory for certain companies is a new chapter in the Indian corporate world and has provided a necessary boost to the status of companies’ responsibility towards the stakeholders, and transparency and accountability of their actions. Need: The mandatory 2% spending of profits on CSR activities got mixed reaction from corporate executives. To ensure that the enforcement of the law isn’t limited to the term “cheque-book CSR”, regular exploration of the companies’ CSR expenditures and their consequent outcomes is absolutely essential. Objective: The paper aims to assess the outcome of Section 135 of the Companies Act, 2013, in the first year of its implementation among the BSE-SENSEX companies. Research methodology: Secondary sources were utilized for collecting profits and CSR expenditure figures of the selected 30 companies for conducting an ex-post analysis for the year 2014-15. Key findings of the study: Less than 15% of the BSE-SENSEX companies had spent on CSR activities an amount that is equal to or greater than the stipulated 2% of the average profits of the preceding 3 years as per Section 135 of Companies Act, 2013. Implications: Immediate attention of regulatory bodies is desired towards companies failing to dispense the funds earmarked for CSR as stipulated by the law to ensure compliance.
India's ancient wisdom, which is still relevant today, inspires people to work for the larger objective of the well-being of all stakeholders. For example, our Rushees, Munees and Saints preached us to serve the society. The idea of CSR first came up in 1953 when it became an academic topic in HR Bowen’s “Social Responsibilities of the Business”. Since then, there has been continuous debate on the concept and its implementation. Although the idea has been around for more than half a century, there is still no clear consensus over its definition. Post 1991, there is increasingly a receding role of the state in the economic and social sphere. An increasing acceptance of CSR by large number of corporate, post liberalization can thus be seen in the context of the larger role being consciously carved for the private sector in an economy which was earlier largely controlled and managed by the State. The corporate world is keen to exploit the opportunities that are being provided by the new economic outlook of the State. Today, 93% of the world’s largest 250 companies now publish annual corporate responsibility reports, almost 60% of which are independently audited.
A Handbook on Corporate Social Responsibility in India developed by CII and PWC has been released at the CII National CSR- CSO Bridge 2013. The Handbook, brought out against the backdrop of the recently passed Companies Bill, which necessitates the provision of 2 percent spend on CSR, is a guidance document for industry for (a) Facilitate development of CSR mandate within organisations and help streamline dialogue within the industry (b) Provide a framework that companies can use to plan and implement CSR activities by addressing the ‘why CSR’ and ‘How to put CSR into action.’ (c) Help industry in identifying NGO partners for CSR implementation.
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Modern Database Management 12th Global Edition by Hoffer solution manual.docxssuserf63bd7
https://qidiantiku.com/solution-manual-for-modern-database-management-12th-global-edition-by-hoffer.shtml
name:Solution manual for Modern Database Management 12th Global Edition by Hoffer
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All chapter include
Focusing on what leading database practitioners say are the most important aspects to database development, Modern Database Management presents sound pedagogy, and topics that are critical for the practical success of database professionals. The 12th Edition further facilitates learning with illustrations that clarify important concepts and new media resources that make some of the more challenging material more engaging. Also included are general updates and expanded material in the areas undergoing rapid change due to improved managerial practices, database design tools and methodologies, and database technology.
Artificial intelligence (AI) offers new opportunities to radically reinvent the way we do business. This study explores how CEOs and top decision makers around the world are responding to the transformative potential of AI.
Oprah Winfrey: A Leader in Media, Philanthropy, and Empowerment | CIO Women M...CIOWomenMagazine
This person is none other than Oprah Winfrey, a highly influential figure whose impact extends beyond television. This article will delve into the remarkable life and lasting legacy of Oprah. Her story serves as a reminder of the importance of perseverance, compassion, and firm determination.
2. Corporate Social Responsiblity
Its a form of Corporate Self Regulation
inducted into a business model
It’s a way a business monitors and ensures
its active compliance with law,ethics of
India.
CSR activities are performed for the sake
of social good and are beyond the
business of any organization.
Created by Venkatesh Chittarvu
2
3. CSR History
The Term became popular in Late 1960s
The term became popular through
theories of Late Capitalism,Neoliberalism
and Globalization.
Many Sociologists equate CSR to
Capitalist Legitimacy and as a Social
movement towards Unregulated
Capitalist power.
Created by Venkatesh Chittarvu
3
4. CSR Definition.
"A company’s sense of responsibility towards
the community and environment (both
ecological and social) in which it operates.
Companies express this citizenship”
(1) through their waste and pollution
reduction processes,
(2) by contributing educational and social
programs and
(3) by earning adequate returns on the
employed resources."
Created by Venkatesh Chittarvu
4
5. Benefits of CSR for Businesses
Created Share Value(CSV)
It’s a tradeoff between profits and creating
social value.Most times Good CSR enhances
Brand Value
CSR also proves to consumers that they(The
Consumers are more important than the
shareholders who hold the company
CSR ensures the social importance of business
in India.
Created by Venkatesh Chittarvu
5
6. CSR for Businesses-2
Businesses should ensure that their CSR model
should not be copied by competitors.
(Reinhard-1998)
CSR should be within HR or Business
Development or PR Department or can be an
Independent department by itself
The Goals and objectives of CSR have to be
planned like any business activity and
responsible Social Auditing is part of providing
Good CSR.
Created by Venkatesh Chittarvu
6
7. CSR-Social Accounting and
General CSR Activities in India.
Social accounting is the communication of social
and environmental effects of a company's
economic actions to particular interest groups
within society and to society at large.
CSR Activities include
Environmental Sustainability:Green Earth and
Recycling
Community Involvement:Involving in charity and
religious activity such as Annadanam or Zaakat.
Ethical Marketing:Such as proper value ethics in
Advertising.
Created by Venkatesh Chittarvu
7
8. 3Ps of CSR
People-Fair Labor practices in community
and country.
Planet-For Greener Earth
Profit-Economic value of CSR after
deducting the costs of all inputs and
capital investment.
Created by Venkatesh Chittarvu
8
9. CSR-How it helps Businesses
Risk Management-Helps in reducing the risk
of scandals of Company Activities.
Brand Differentiation:
Eg:Starbucks sources its Coffee beans from
Karnataka
Reduced Scrutiny:
More Compliance with the Government
Supplier Relations:
Increase the attractiveness of the company to
supplier firms
Created by Venkatesh Chittarvu
9
10. Criticisms of CSR
Critics say CSR imposes outside values into
Local Communities in Countries.
Critics say that CSR is used as camouflage
to hide actual profits by unethical social
accounting.
Eg:Satyam Case
Critics say Government should regulate
unbridled Corporate power for profits and a
balance should be maintained.
Created by Venkatesh Chittarvu
10
11. CSR-Motives
Some believe that CSR activities are
perfomed in a way to distract attention of the
consumers to the actual activities of the
Businesses.
Some Believe that it’s a window dressing
activity to satisfy the Government’ ego that
indeed it’s the government that’s controlling
the Corporation and not the other way but
the truth is Global MNCs control many
nations.
Eg:Reliance in India.
Created by Venkatesh Chittarvu
11
12. CSR-Indian Companies Act
2013
Ministry of Corporate Affairs has recently notified Section
135 and Schedule VII of the Companies Act as well as the
provisions of the Companies (Corporate Social
Responsibility Policy) Rules, 2014 (CRS Rules) which has
come into effect from 1 April 2014.
Applicability: Section 135 of the Companies Act provides
the threshold limit for applicability of the CSR to a Company
i.e. (a) net worth of the company to be Rs 500 crore or more;
(b) turnover of the company to be Rs 1000 crore or more;
(c) net profit of the company to be Rs 5 crore or more.
Further as per the CSR Rules, the provisions of CSR are not
only applicable to Indian companies, but also applicable to
branch and project offices of a foreign company in India.
Created by Venkatesh Chittarvu
12
13. CSR-Indian Companies Act
2013 Contd
CSR Committee and Policy: Every qualifying company
requires spending of at least 2% of its average net profit
for the immediately preceding 3 financial years on CSR
activities.
Further, the qualifying company will be required to
constitute a committee (CSR Committee) of the Board
of Directors (Board) consisting of 3 or more directors.
The CSR Committee shall formulate and recommend to
the Board, a policy which shall indicate the activities to
be undertaken ; recommend the amount of
expenditure to be incurred on the activities referred and
monitor the CSR Policy of the company. The Board shall
take into account the recommendations made by the
CSR Committee and approve the CSR Policy of the
company.
Created by Venkatesh Chittarvu
13
14. CSR-Definition-Indian
Companies Act 2013
Definition of the term CSR: The term CSR has
been defined under the CSR Rules which
includes but is not limited to:
Projects or programs relating to activities
specified in the Schedule; or
Projects or programs relating to activities
undertaken by the Board in pursuance of
recommendations of the CSR Committee as
per the declared CSR policy subject to the
condition that such policy covers subjects
enumerated in the Schedule.
Created by Venkatesh Chittarvu
14
15. CSR-Activities India
Activities under CSR: The activities that can be done by the
company to achieve its CSR obligations include eradicating
extreme hunger and poverty, promotion of education, promoting
gender equality and empowering women, reducing child mortality
and improving maternal health, combating human
immunodeficiency virus, acquired, immune deficiency syndrome,
malaria and other diseases, ensuring environmental sustainability,
employment enhancing vocational skills, social business projects,
contribution to the Prime Minister's National Relief Fund or any
other fund set up by the Central Government or the State
Governments for socio-economic development and relief and funds
for the welfare of the Scheduled Castes, the Scheduled Tribes, other
backward classes, minorities and women and such other matters as
may be prescribed. Created by Venkatesh Chittarvu
15
16. CSR-India Local Area
Local Area: Under the Companies Act, preference should be given to
local areas and the areas where the company operates. Company may
also choose to associate with 2 or more companies for fulfilling the
CSR activities provided that they are able to report individually. The
CSR Committee shall also prepare the CSR Policy in which it includes
the projects and programmes which is to be undertaken, prepare a list of
projects and programmes which a company plans to undertake during
the implementation year and also focus on integrating business models
with social and environmental priorities and process in order to create
share value.
The company can also make the annual report of CSR activities in
which they mention the average net profit for the 3 financial years and
also prescribed CSR expenditure but if the company is unable to spend
the minimum required expenditure the company has to give the reasons
in the Board Report for non compliance so that there are no penal
provisions are attracted by it.
Created by Venkatesh Chittarvu
16
17. Conclusion
CSR can be powerful way of causing a social change in a
Developing country like India
Many Businesses involve in unethical CSR and it is job of
Govt of India to curtail malpractices.Corruption is an
important issue and Red Tape should be reduced so that it
becomes easier for more businesses to operate in India.CSR
Act can be used as a weapon by corrupt politicians to curtail
freedom of Young Entrepreneurs.
CSR Should not be Window Dressing Activity and its people
of India who can judge whether the business is ethical or
not.The Role of Judiciary,Media and Legislature is equally
important to curb unethical practices and businesses which
indulge in open skullduggery should be punished .
Created by Venkatesh Chittarvu
17
19. CSR-Basics for Businesses
Resource Based View
Formulation of RBV for performing CSR
would require Businesses to depend on
Value
Rare
Inimitable
Non Substitutable
(Barney-1990)
Created by Venkatesh Chittarvu
19