CORPORATE SOCIAL RESPONSIBILITY ARGUMENTS FOR AND AGAINST

1. Presenter
Shilpa S M
1st M.Com
Under the guidance of
Sundar B. N.
Asst. Prof. & Course Co-ordinator
GFGCW, PG Studies in Commerce
Holenarasipura

3.  CSR Introduction
 CSR meaning
 CSR definition
 CSR as per companies Act 2013
 Argument for CSR
 Argument against CSR
 Conclusion
 Reference

4.  CSR covers the relationship between
corporations and the societies with which
they interact.
 Its also includes the responsibilities that are
inherent on both sides of these relationships.
 CSR defines society in it’s widest sense
 The literature on CSR and Sustainability,
developed predominantly in Europe, North
America and UK : Corporate Philanthropy
(1950’s);Public welfare.

5.  Corporate social responsibility is a gesture of
showing the company’s concern and
commitment towards society’s sustainability
and development.
 CSR is ethical behavior of a company towards
society.

6. “Corporate Social Responsibility is the
continuing commitent by business to
behave ethically and contribute to economic
development while improving the quality of
life of the workforce and there families as
well as local community and society at large.”
The World Business Council for
Sustainble Development

7.  Companies mandatorily should contitute CSR
committee:
 All listed Companies
 Unlisted Companies having net worth of
Rs.500 crore or more
Or
 Turnover of Rs.1000 crore or more
Or
 Net profit of Rs.5 crore or more.

8.  Justification for Existence and Growth
Continuously supply good quality
product at reasonable price.
 Does not indulge in unfair trade
practice.
 Long term interest of the firm
Serve best interest of member of society.
Workers ,consumers ,shareholders, government,
officials believe enterprise is serving for their
interest.

9.  Avoidance of government regulation.
 Maintenance of society.
 Availability of resources with business.
 Better environment for doing business.
 Holding business responsible for social
problems.

10.  Transfer of Social costs.
High price.
Low wages.
Low profit .
 Lack of skill and competence.
Lack of knowledge towards social problem.
Lack of quick decision.
 Imposition of business values.
Business imposition its own value on society.

11.  Conflict with profit motive
Social responsibility and profit motive do not
proceeds in the same direction
Profit maximization is the ultimate goal
 Business is an economic activity
Govt to took after interest of the society

12.  The future generations would be able to
follow CSR more easily as there would be
standardization of processes and practices.
 The concept of CSR would continue to evolve
as long as industry and business would
continue to participate in the economic
growth nationally and globally.

13.  Arguments in Favour and Against Corporate Social
Responsibility(CSR)Management….
https://www.businessmanagementideas.com/notes/manage
ment-notes/corporate-social-reponsibility/arguments-in-
favour-and-against-corporate-social-responsibility-csr-
managemant/5315/
 Meaning and definition of corporate social responsibility..
https://slideplayer.com./slide/5774157/
 conclusion of corporate Social Responsibility
https://www.scribd.com/doc/16870363/corporate_Social_res
ponsibility_CSR