This document provides an overview and comparative study of Corporate Social Responsibility (CSR) initiatives in the power generation and distribution sector of India. It analyzes CSR activities and budgets of five major public sector undertakings in the power sector: National Thermal Power Corporation, National Hydroelectric Power Corporation, Power Grid Corporation of India, Power Finance Corporation, and Rural Electrification Corporation. The study finds that while CSR spending and activities have increased, initiatives lack focus, expertise, coordination, transparency and impact assessment. It recommends extensive documentation, collaboration with experts and stakeholders, use of media, and flagship projects to improve CSR practices in the power sector.
An insight into the corporate social responsibility in India and understanding its roots and how serious industries are towards performing their Responsibilities towards society.
COVID IMPACT ON EMPLOYEE ENGAGEMENT IN AN IT INDUSTRY AND THE REMEDIATION PLANIAEME Publication
This document discusses the impact of COVID-19 on employee engagement in the IT industry and proposes a remediation plan. It identifies factors like professional, personal, emotional, financial, social, economic, and psychological factors that affected employee engagement. It categorizes the levels of impact as critical, high, medium, and low and describes the stages of impact as preliminary, intermediatory, and advanced modes. The document also discusses organizational changes like transitioning to online functioning and infrastructure optimization. Finally, it analyzes changes in employee behavior during the pandemic in terms of advantages like work-life balance and cost savings, and disadvantages like lack of supervision and increased healthcare costs.
An empirical investigation of managerial perceptions in indian organisations ...Dr. Madhu Verma
This document summarizes a research study that investigated the perceptions of CSR managers in Indian organizations towards corporate social responsibility after it became mandatory in India through legislation in 2013. The study involved surveying 163 CSR managers from 250 large Indian companies using questionnaires and interviews. The findings revealed that Indian organizations have embraced CSR and see it as important for community welfare and sustainability. While some still view CSR as costly, most managers recognized potential benefits like improved brand image and reputation. The study concluded there has been a shift from a traditional philanthropic view of CSR to more modern views that integrate CSR into business strategy to generate long-term value. However, the study was limited by only surveying CSR managers and not considering other potential influences on perceptions.
This document discusses the differences between corporate social responsibility (CSR) ethics in the United States and India. There are key differences in the implicit vs explicit nature of ethics guidelines, as well as differences between virtue ethics and utilitarianism. Indian firms tend to have more implicit, virtue-based ethics focused on social welfare, while U.S. firms emphasize explicit, utilitarian ethics like shareholder value and human rights. However, the document argues there is potential for convergence, such as by linking social benefit to business benefit through CSR programs introducing new energy technologies and electric vehicles to India.
This document discusses the corporate social responsibility (CSR) activities of Bharat Heavy Electricals Limited (BHEL) with respect to Tiruchirappalli, India. It provides background on BHEL, including that it was established in 1956 and has manufacturing units across India. The document then reviews literature on CSR and defines CSR. It discusses BHEL's profile and operations in Tiruchirappalli specifically, including turnover, profit, and amounts allocated to CSR. The overall purpose is to examine BHEL's CSR efforts in the Tiruchirappalli region.
Corporate social responsibility (csr) and issue to corporate financial perfor...Alexander Decker
This document summarizes a study on the relationship between corporate social responsibility (CSR) and corporate financial performance (CFP) of banking companies in Bangladesh. It provides background on CSR and reviews previous literature on the relationship between CSR and CFP. The study uses questionnaires to assess perceptions of CSR among banking executives and social groups. It analyzes CSR practices reported in annual reports of selected Bangladeshi banks. Statistical tests are used to analyze the relationship between CSR and CFP. The study aims to provide insight into CSR practices in Bangladesh and their potential impact on financial performance.
Corporate Social Responsibility Practices of Commercial Banks in Bangladesh: ...IOSR Journals
This paper explores how private commercial banks practices Corporate Social Responsibility (CSR) in Bangladesh in conserved the case of Southeast Bank Ltd.. In keeping with global movement, CSR is being seen as the source of new competition edge for the banking sectors of Bangladesh. Banks’ of Bangladesh practices CSR to not only improve community relations but also as source of significant commercial benefit. Southeast Bank Ltd. practices CSR under the rules and regulation of Bangladesh Bank. The study based on annual report of 2012 of Southeast Bank Ltd. This study shows that Southeast Bank expenses BDT36.85 million in the year 2012 in the area of education, health, community development, environmental issue, art and culture, sports etc.. Nevertheless, bank expenses highest amount in education sector through scholarship program in Bangladesh whereby school, college and university education tuition and expenses have fully paid for unconditionally. The study can help banking manger’s understand what should be done for the benefits of customers and the community for sustainability.
An insight into the corporate social responsibility in India and understanding its roots and how serious industries are towards performing their Responsibilities towards society.
COVID IMPACT ON EMPLOYEE ENGAGEMENT IN AN IT INDUSTRY AND THE REMEDIATION PLANIAEME Publication
This document discusses the impact of COVID-19 on employee engagement in the IT industry and proposes a remediation plan. It identifies factors like professional, personal, emotional, financial, social, economic, and psychological factors that affected employee engagement. It categorizes the levels of impact as critical, high, medium, and low and describes the stages of impact as preliminary, intermediatory, and advanced modes. The document also discusses organizational changes like transitioning to online functioning and infrastructure optimization. Finally, it analyzes changes in employee behavior during the pandemic in terms of advantages like work-life balance and cost savings, and disadvantages like lack of supervision and increased healthcare costs.
An empirical investigation of managerial perceptions in indian organisations ...Dr. Madhu Verma
This document summarizes a research study that investigated the perceptions of CSR managers in Indian organizations towards corporate social responsibility after it became mandatory in India through legislation in 2013. The study involved surveying 163 CSR managers from 250 large Indian companies using questionnaires and interviews. The findings revealed that Indian organizations have embraced CSR and see it as important for community welfare and sustainability. While some still view CSR as costly, most managers recognized potential benefits like improved brand image and reputation. The study concluded there has been a shift from a traditional philanthropic view of CSR to more modern views that integrate CSR into business strategy to generate long-term value. However, the study was limited by only surveying CSR managers and not considering other potential influences on perceptions.
This document discusses the differences between corporate social responsibility (CSR) ethics in the United States and India. There are key differences in the implicit vs explicit nature of ethics guidelines, as well as differences between virtue ethics and utilitarianism. Indian firms tend to have more implicit, virtue-based ethics focused on social welfare, while U.S. firms emphasize explicit, utilitarian ethics like shareholder value and human rights. However, the document argues there is potential for convergence, such as by linking social benefit to business benefit through CSR programs introducing new energy technologies and electric vehicles to India.
This document discusses the corporate social responsibility (CSR) activities of Bharat Heavy Electricals Limited (BHEL) with respect to Tiruchirappalli, India. It provides background on BHEL, including that it was established in 1956 and has manufacturing units across India. The document then reviews literature on CSR and defines CSR. It discusses BHEL's profile and operations in Tiruchirappalli specifically, including turnover, profit, and amounts allocated to CSR. The overall purpose is to examine BHEL's CSR efforts in the Tiruchirappalli region.
Corporate social responsibility (csr) and issue to corporate financial perfor...Alexander Decker
This document summarizes a study on the relationship between corporate social responsibility (CSR) and corporate financial performance (CFP) of banking companies in Bangladesh. It provides background on CSR and reviews previous literature on the relationship between CSR and CFP. The study uses questionnaires to assess perceptions of CSR among banking executives and social groups. It analyzes CSR practices reported in annual reports of selected Bangladeshi banks. Statistical tests are used to analyze the relationship between CSR and CFP. The study aims to provide insight into CSR practices in Bangladesh and their potential impact on financial performance.
Corporate Social Responsibility Practices of Commercial Banks in Bangladesh: ...IOSR Journals
This paper explores how private commercial banks practices Corporate Social Responsibility (CSR) in Bangladesh in conserved the case of Southeast Bank Ltd.. In keeping with global movement, CSR is being seen as the source of new competition edge for the banking sectors of Bangladesh. Banks’ of Bangladesh practices CSR to not only improve community relations but also as source of significant commercial benefit. Southeast Bank Ltd. practices CSR under the rules and regulation of Bangladesh Bank. The study based on annual report of 2012 of Southeast Bank Ltd. This study shows that Southeast Bank expenses BDT36.85 million in the year 2012 in the area of education, health, community development, environmental issue, art and culture, sports etc.. Nevertheless, bank expenses highest amount in education sector through scholarship program in Bangladesh whereby school, college and university education tuition and expenses have fully paid for unconditionally. The study can help banking manger’s understand what should be done for the benefits of customers and the community for sustainability.
This document provides an organizational study report for United Electrical Industries Ltd. It includes:
- An introduction and objectives of the study on the company's organizational structure.
- Overviews of the electrical equipment industry, United Electrical's company profile since 1950, and their main product lines including electricity meters, starters, switches, and water meters.
- Details on methodology, scope, and limitations of the organizational study conducted.
Corporate and Community Sector Open Immersion Approach in AfricaIJSRED
This document discusses how corporations can implement corporate community initiatives through stakeholder theory and social capital to create neighborhood relationships and extend corporate influence. It describes three major streams of research on corporate community initiatives - the motives, consequences, and implementation strategies. It then discusses three models of corporate behavior - descriptive, instrumental, and normative - and how corporations may approach community initiatives through each model by formatting organizational identity, creating competitive advantage, or balancing community interests respectively. Finally, it defines social capital and how corporate community activities can help create social capital through networks, norms, and trust within the community.
FSIBL is an Islamic financial
institutions in Bangladesh that contributes
towards the development of the society
through CSR activities. In this report,
Carroll’s four parts model, ICSR model and
other relevant models are used in
analyzing and discussing the CSR practices
of FSIBL.
Corporate Social Responsibility and Profitability in the Banking Sector: The ...Dr. Amarjeet Singh
In this article, we explore the relationship between corporate social responsibility and profitability with particular reference to Ethiopian financial industry. In line with this, the paper investigated the practice of corporate social responsibility and its impact on profitability in two private banks in Ethiopia. The study used two sampling phases. The first one is to sample out the two banks among the sixteen private banks operated in the country and the second phase is to select number of respondents within the selected banks. According to National Bank of Ethiopia, (NBE, 2020) annual report among the sixteen private commercial banks operated in the country, six of them were operated in the industry for more than 20 years and two banks namely Dashen and United banks were randomly selected for the study. The study used questionnaires as an instrument for data collection and the Cronbach alpha test was used to test the reliability of the instrument. Correlation analysis was carried out to identify the nature of strength and direction of the relationship between the independent variables (philanthropic, ethical, legal and economic responsibilities) and the dependent variables (profitability), regression analysis was also employed to determine the degree in which the dependent variable can be predicated or explained from the independent variables. The finding reveals that ethical, philanthropic, legal and economic responsibilities of CSR dimension have a positive and significant impact on profitability of the banks. Furthermore, the overall finding of the study suggested that CSR practice of banks has a significant impact on the level of their profitability. The study recommends that banks should improve their efforts exerted towards their CSR practice in order to enhance their profitability.
A STUDY ON JOB COMPLETION OF WORKING WOMEN UNDER THE SERVICE SECTORS TIRUCHIR...IAEME Publication
There are many factors that contribute to job satisfaction and empowerment, according to this study. For the purposes of this paper, we will examine how much decision-making and decision-making power women have in the workplace. It is crucial for women to have a voice in all aspects of income generation, distribution, investment, and expenditure in order to achieve economic empowerment. Working women's empowerment programmes aim to help them exercise their rights as equal partners in society to participate in decision-making at all levels and in all spheres, both inside and outside the home. Women’s earning potential is being improved, and efforts are being made to guarantee that they have access to and control over all family/community assets.
Corporate Social Responsibility in Commercial banks in NepalMrinal Gaurav
Despite the growing attention in corporate social responsibility (CSR) among practitioners and academicians around the globe, a shadow of doubt remains as to whether industry sector posses a positive or negative attitudes towards CSR. Against this backdrop, this paper examines the attitudes of Nepalese banking sector towards CSR and
the factors influencing their attitudes towards CSR.
A structured questionnaire was developed based on past research. A total of 157 respondents out of 250 questionnaire shows sound percentage of 62.8% were used for
analysis in this study. The results showed that banking employees and banking customers of Nepal have positive attitudes towards CSR. However, the degrees of positive attitudes
on different propositions significantly differ. Analysis also revealed that CSR is still understood as philanthropic activities and has the connotation with philanthropic activities. Interestingly, research also revealed that, besides corporate efforts, the role of
government, pressure groups and other stakeholders is also crucial to promote CSR in context of Nepal. Thus, it has become imperative to make necessary efforts by the all
concerned authorities including the government to promote socially responsible corporate behaviour for creating a more equitable and just society in Nepal.
Research Proposal - CSR - The Voice of the StakeholderAmany Hamza
In light of the recent financial crisis, the practices of CSR have come to the fore in media reports and academic debates. In this context, the goal of this research is, first, to examine the impact of the financial crisis on the implications of CSR activities in relation to stakeholders’ expectations in the financial services industry and, second, to help banking managers to understand what should be done for the benefit of their stakeholders and their own business sustainability.
AN ANALYSIS OF WORKPLACE ENTERTAINMENT AMONG COLLEGE TEACHERS ON WORK ENGAGEMENTIAEME Publication
The purpose of this study is to explore the effects of workplace entertainment on work engagement among college teachers. An empirical study conducted among the 200 college teachers in Tiruchirappalli District, Tamil Nadu. Purposive sampling method under non probability sampling technique was adopted for selecting samples for this study. Questionnaire survey was conducted for data collection. The major findings were workplace entertainment have both positive and negative effect on the work engagement of college teachers. Socialising with co-workers and Personal freedom at work have positive effect on factors like cognitive, emotional and social work engagement while celebration at work has positive effect on emotional work engagement and negative effect on cognitive and social work engagement of teachers. Authorities of colleges are major beneficiary of findings of this study. They will get a clear picture about the current pulse of workers regarding the effects of workplace entertainment on work engagement experienced by the college teachers.
The article discusses the importance of employee engagement for organizational
and business performance through the prism of ergonomics. The issues that are
discussed in this paper comprise the modest contribution that ergonomics as a
discipline has made. The relevance of workplace health and ergonomics work relate
with that of participation, safety culture and further implications for participatory
ergonomics approaches. Based on recently published conceptual framework that
recognises the dynamic and multi-dimensional nature of safety culture, the paper
highlights the due significance demanded by ergonomics and that which is equally
ignored by top management. The paper concludes by considering the much needed
empirical survey on this issue in almost all industries and prompt action being taken
to implement it. Also, the paper gives a glimpse of various approaches for an
empirical study, within an organisation which is noted as important to the success of
ergonomics projects
Master's thesis - CORPORATE SOCIAL RESPONSIBILITY: Strategy and impacts on fi...auderichon
Society is feeling more and more concerned about the environment and social issues caused, among other things, by relocation and environmental dumping. Globalization has actually raised some ethical issues which peak levels were attained, socially speaking, when apparel companies were denunciated for using sweatshops in developing countries, and environmentally speaking, with Shell’s Brent Spar platform scandal. Consequently, companies started to think of how they could improve their image, even their way of doing business and started to engage in Corporate Social Responsibility (CSR).
The purpose of this thesis is to understand why companies decide to engage in CSR and if CSR policies have impacts on firms’ financial performance. Thus, the research problem is the following: What characterizes Corporate Social Responsibility strategies and do they have an impact on financial performance?
In order to answer it, I will use first a review of the existing literature, then interviews performed with persons in charge of CSR/Sustainable Development (SD) in companies and opinion leaders will be analysed. To complement this part, a study on sustainability indexes followed by a specific outlook at the automobile sector and its impact on the environment will be undertaken.
The results show that Western multinational companies (MNCs) tend to be more and more engaged, with law pushing for that as well. Stakeholders have quite an influence on the process, but the main factor of success is the commitment of top management and the integration of CSR in corporate culture. Quantitative results are more mitigated and it cannot be clearly said that CSR favours or not financial performance. More prospective is needed to be definite in the answer.
This document discusses a study analyzing a model for empowering women through cooperative organizations in Semarang, Indonesia. The study identified 27 registered women's cooperatives, but found only 17 were still active. It analyzed the economic conditions of these cooperatives and their members. Most members were housewives with potential for small business development. The study formulated an empowerment model focused on selective recruitment of productive members, transparent rules and procedures, and programs to support members' business development through training and access to capital. This model aims to strengthen members' economic welfare by facilitating their small businesses through women's cooperatives.
ANALYSIS OF FACTORS GOVERNING THE MARKET PRICE OF THE SHARES FROM NATIONAL ST...IAEME Publication
Banking systems and financial institutions are integral parts of an economy. Seamless functioning of these sectors is important for an economy to grow. Due to the advent of digital technology, banking and financial services have undergone a massive shift in their mode of operations. New trends are gaining momentum at a fast pace as the customers find it convenient and flexible at the same time. The emergence of financial technology has resulted in the introduction of several technological advancements in the industry. Fintech companies, internet banking and mobile banking are just some examples that mark this shift. The modernization of banking attracted the investors towards banking industry. This paper focuses on the factors governing the market price of the shares in Banking Sector of Companies such as Axis Bank, CUB, Federal Bank, HDFC, ICICI, IndusInd, Karnataka Bank, Kotak, KVB, South Indian Bank. This study has examined the relationship between dependent variables Market Price Per Share (MPS) and independent variables (Dividend Per Share (DPS), Earning per Share (EPS), Net Profit Margin (NPM), Return on Equity (ROE) and Return on Assets (ROA).The study was conducted based on secondary data and the researchers concluded that, there is a significant influence of foresaid factors on the market price of the shares.
The objective of the study is to examined Corporate Social Responsibility Disclosure in quoted money deposit
Banks in Nigeria. The research design used for this study is historical research design. The design was used so as to
capture relevant information from annual financial statement of quoted companies. The population of the study
consists of Twenty one (21) deposit money banks in Nigeria and a sample of eight commercial banks was randomly
selected using convenient sampling technique. Data were analyzed using ordinary least squares regression. The
findings of this research indicate an existence of negative relationship between firm complexity and environmental
disclosed in the Nigerian banking sector. It also indicates the existence of positive relationship between earnings and
CSR disclosure in the Nigerian banking sector and that bank size was negatively related to the extent of corporate
social responsibility disclosure by Nigerian banks. The implication of these findings is that as bank increase its
activities they should also be concern with the well-being of the environment which they operate. Finally, the study
recommends that banks should focus on activities that will synchronize its corporate goals with the sustainability of
the environment
IOSR Journal of Business and Management (IOSR-JBM) is an open access international journal that provides rapid publication (within a month) of articles in all areas of business and managemant and its applications. The journal welcomes publications of high quality papers on theoretical developments and practical applications inbusiness and management. Original research papers, state-of-the-art reviews, and high quality technical notes are invited for publications.
This thesis examines the impact of corporate social responsibility (CSR) activities on the brand equity of telecommunications companies in India. The document outlines the objectives, which are to identify the CSR initiatives of telecom companies in India and determine the impact of CSR activities on brand equity. The research methodology uses descriptive research and exploratory research approaches with a questionnaire and analysis of secondary data sources. The targeted respondents are managers of corporate communication divisions who can provide insight into companies' CSR motivations and activities. The thesis will analyze how CSR relates to brand equity factors like brand loyalty, awareness, association and perceived quality.
C.PARAMASIVAN ,PERIYAR EVR COLLEGE , TIRUCHIRAPPALLI Corporate social respons...chelliah paramasivan
This document discusses corporate social responsibility (CSR) activities of Bharat Heavy Electricals Limited (BHEL), with a focus on BHEL's Tiruchirappalli unit. It provides background on BHEL and defines key terms used to analyze CSR data. Tables show BHEL's total turnover, profit, and CSR spending from 2006-2013, with CSR amounts increasing from Rs. 37 million to over Rs. 37 billion over this period. Trend analysis finds CSR spending increased over 10,000% from 2006-2013. A second table presents similar data for just the Tiruchirappalli unit over the same period. The document reviews literature on CSR and lists many CSR activities undertaken by BHEL
This document summarizes an article on corporate social responsibility (CSR) in India. It discusses that while CSR has been practiced for decades by some Indian companies, it remains in a developing stage overall in India. It faces issues like a lack of understanding, insufficiently trained personnel, limited coverage, and superficial promotion. The document then examines the current state of CSR in India, how companies approach it, and partnerships with NGOs. It outlines the objectives and research methodology of studying CSR issues and challenges in India. Key challenges identified include difficulties making a business case for CSR and integrating it into company values and practices. The document concludes by stating that CSR is an opportunity rather than a peripheral issue for businesses in India.
This document summarizes a research study on the antecedents and consequences of job satisfaction and organizational commitment among internal auditors in the telecommunications industry in Indonesia. Specifically, it analyzes how the work environment influences job satisfaction and organizational commitment, and how job satisfaction and organizational commitment then impact organizational citizenship behavior. The study aims to answer four research questions regarding the relationships between these variables. It distributed 162 survey questionnaires to internal auditors and used path analysis to analyze the data. The results showed that a conducive work environment leads to greater job satisfaction and organizational commitment, which then encourage employees to exhibit organizational citizenship behavior to help achieve organizational goals.
Determinants of CSR Disclosure: A Study on the Listed Fast Moving Consumer Go...inventionjournals
As the rising of the corporate social responsibilities (CSR) is becoming a concern since the millennium year, especially by large or public listed companies in Bursa Malaysia. However, there are not much of those companies willing to disclose their CSR information to the public. Therefore, this endeavour is to investigate the content of CSR in annual reports and examine the significant relationship between determinants and CSR disclosure of listed fast moving consumer goods (FMCG) companies in Bursa Malaysia. This is a quantitative research, which involve content analysis since it adopted annual reports as main data resources. CSR, financial, and organisation information are going to be extracted to reckon the relationships between the variables and CSR disclosure by using CSR index and multiple regression. Result based on the analysis indicated that only two variables were significantly correlated with the CSR disclosure, which namely profits earned and independent directors. The top three elements that the most disclosed by these companies are general philanthropy, community programs and employee welfare. This study is important and its helps company in business decision making as this provide the extent of CSR disclosure of the industry. In addition, this study can be as reference to other companies for future CSR implementation.
Aceer Nadeem is seeking an internship with Schlumberger and has extensive academic and extracurricular experience. He has earned strong grades including A*s in physics and chemistry at the O-level and A-levels. Nadeem has participated in summer programs at Yale University and was accepted to programs at Stanford and Brown. He is currently pursuing a dual degree in chemical engineering. Nadeem has held several leadership roles in organizations focused on arts, the environment, and model UN. He also has international experience in community service and conferences.
This document provides biographical information about Hannah Bowley in the form of her CV. It includes her education history with degrees from The Kings School and Bournemouth University in Forensic Investigation. It also lists her employment history including various waitressing, bar work, and lab assistant roles. Her CV highlights her skills and interests such as organization, problem solving, IT proficiency, customer service, and passion for human welfare and equality. It also outlines her academic achievements and grades obtained in her university coursework.
Narendra Rathore is a visual merchandiser with over 9 years of experience. He has a proven ability to drive sales through innovative visual displays and store layout designs. He is currently looking for a suitable position as a visual merchandiser. Some of his past roles include senior visual merchandiser at MORE, a venture of Aditya Birla Group, and executive visual merchandiser at BIG BAZAAR, a venture of Future Group. He has received several best visual merchandiser awards.
This document provides an organizational study report for United Electrical Industries Ltd. It includes:
- An introduction and objectives of the study on the company's organizational structure.
- Overviews of the electrical equipment industry, United Electrical's company profile since 1950, and their main product lines including electricity meters, starters, switches, and water meters.
- Details on methodology, scope, and limitations of the organizational study conducted.
Corporate and Community Sector Open Immersion Approach in AfricaIJSRED
This document discusses how corporations can implement corporate community initiatives through stakeholder theory and social capital to create neighborhood relationships and extend corporate influence. It describes three major streams of research on corporate community initiatives - the motives, consequences, and implementation strategies. It then discusses three models of corporate behavior - descriptive, instrumental, and normative - and how corporations may approach community initiatives through each model by formatting organizational identity, creating competitive advantage, or balancing community interests respectively. Finally, it defines social capital and how corporate community activities can help create social capital through networks, norms, and trust within the community.
FSIBL is an Islamic financial
institutions in Bangladesh that contributes
towards the development of the society
through CSR activities. In this report,
Carroll’s four parts model, ICSR model and
other relevant models are used in
analyzing and discussing the CSR practices
of FSIBL.
Corporate Social Responsibility and Profitability in the Banking Sector: The ...Dr. Amarjeet Singh
In this article, we explore the relationship between corporate social responsibility and profitability with particular reference to Ethiopian financial industry. In line with this, the paper investigated the practice of corporate social responsibility and its impact on profitability in two private banks in Ethiopia. The study used two sampling phases. The first one is to sample out the two banks among the sixteen private banks operated in the country and the second phase is to select number of respondents within the selected banks. According to National Bank of Ethiopia, (NBE, 2020) annual report among the sixteen private commercial banks operated in the country, six of them were operated in the industry for more than 20 years and two banks namely Dashen and United banks were randomly selected for the study. The study used questionnaires as an instrument for data collection and the Cronbach alpha test was used to test the reliability of the instrument. Correlation analysis was carried out to identify the nature of strength and direction of the relationship between the independent variables (philanthropic, ethical, legal and economic responsibilities) and the dependent variables (profitability), regression analysis was also employed to determine the degree in which the dependent variable can be predicated or explained from the independent variables. The finding reveals that ethical, philanthropic, legal and economic responsibilities of CSR dimension have a positive and significant impact on profitability of the banks. Furthermore, the overall finding of the study suggested that CSR practice of banks has a significant impact on the level of their profitability. The study recommends that banks should improve their efforts exerted towards their CSR practice in order to enhance their profitability.
A STUDY ON JOB COMPLETION OF WORKING WOMEN UNDER THE SERVICE SECTORS TIRUCHIR...IAEME Publication
There are many factors that contribute to job satisfaction and empowerment, according to this study. For the purposes of this paper, we will examine how much decision-making and decision-making power women have in the workplace. It is crucial for women to have a voice in all aspects of income generation, distribution, investment, and expenditure in order to achieve economic empowerment. Working women's empowerment programmes aim to help them exercise their rights as equal partners in society to participate in decision-making at all levels and in all spheres, both inside and outside the home. Women’s earning potential is being improved, and efforts are being made to guarantee that they have access to and control over all family/community assets.
Corporate Social Responsibility in Commercial banks in NepalMrinal Gaurav
Despite the growing attention in corporate social responsibility (CSR) among practitioners and academicians around the globe, a shadow of doubt remains as to whether industry sector posses a positive or negative attitudes towards CSR. Against this backdrop, this paper examines the attitudes of Nepalese banking sector towards CSR and
the factors influencing their attitudes towards CSR.
A structured questionnaire was developed based on past research. A total of 157 respondents out of 250 questionnaire shows sound percentage of 62.8% were used for
analysis in this study. The results showed that banking employees and banking customers of Nepal have positive attitudes towards CSR. However, the degrees of positive attitudes
on different propositions significantly differ. Analysis also revealed that CSR is still understood as philanthropic activities and has the connotation with philanthropic activities. Interestingly, research also revealed that, besides corporate efforts, the role of
government, pressure groups and other stakeholders is also crucial to promote CSR in context of Nepal. Thus, it has become imperative to make necessary efforts by the all
concerned authorities including the government to promote socially responsible corporate behaviour for creating a more equitable and just society in Nepal.
Research Proposal - CSR - The Voice of the StakeholderAmany Hamza
In light of the recent financial crisis, the practices of CSR have come to the fore in media reports and academic debates. In this context, the goal of this research is, first, to examine the impact of the financial crisis on the implications of CSR activities in relation to stakeholders’ expectations in the financial services industry and, second, to help banking managers to understand what should be done for the benefit of their stakeholders and their own business sustainability.
AN ANALYSIS OF WORKPLACE ENTERTAINMENT AMONG COLLEGE TEACHERS ON WORK ENGAGEMENTIAEME Publication
The purpose of this study is to explore the effects of workplace entertainment on work engagement among college teachers. An empirical study conducted among the 200 college teachers in Tiruchirappalli District, Tamil Nadu. Purposive sampling method under non probability sampling technique was adopted for selecting samples for this study. Questionnaire survey was conducted for data collection. The major findings were workplace entertainment have both positive and negative effect on the work engagement of college teachers. Socialising with co-workers and Personal freedom at work have positive effect on factors like cognitive, emotional and social work engagement while celebration at work has positive effect on emotional work engagement and negative effect on cognitive and social work engagement of teachers. Authorities of colleges are major beneficiary of findings of this study. They will get a clear picture about the current pulse of workers regarding the effects of workplace entertainment on work engagement experienced by the college teachers.
The article discusses the importance of employee engagement for organizational
and business performance through the prism of ergonomics. The issues that are
discussed in this paper comprise the modest contribution that ergonomics as a
discipline has made. The relevance of workplace health and ergonomics work relate
with that of participation, safety culture and further implications for participatory
ergonomics approaches. Based on recently published conceptual framework that
recognises the dynamic and multi-dimensional nature of safety culture, the paper
highlights the due significance demanded by ergonomics and that which is equally
ignored by top management. The paper concludes by considering the much needed
empirical survey on this issue in almost all industries and prompt action being taken
to implement it. Also, the paper gives a glimpse of various approaches for an
empirical study, within an organisation which is noted as important to the success of
ergonomics projects
Master's thesis - CORPORATE SOCIAL RESPONSIBILITY: Strategy and impacts on fi...auderichon
Society is feeling more and more concerned about the environment and social issues caused, among other things, by relocation and environmental dumping. Globalization has actually raised some ethical issues which peak levels were attained, socially speaking, when apparel companies were denunciated for using sweatshops in developing countries, and environmentally speaking, with Shell’s Brent Spar platform scandal. Consequently, companies started to think of how they could improve their image, even their way of doing business and started to engage in Corporate Social Responsibility (CSR).
The purpose of this thesis is to understand why companies decide to engage in CSR and if CSR policies have impacts on firms’ financial performance. Thus, the research problem is the following: What characterizes Corporate Social Responsibility strategies and do they have an impact on financial performance?
In order to answer it, I will use first a review of the existing literature, then interviews performed with persons in charge of CSR/Sustainable Development (SD) in companies and opinion leaders will be analysed. To complement this part, a study on sustainability indexes followed by a specific outlook at the automobile sector and its impact on the environment will be undertaken.
The results show that Western multinational companies (MNCs) tend to be more and more engaged, with law pushing for that as well. Stakeholders have quite an influence on the process, but the main factor of success is the commitment of top management and the integration of CSR in corporate culture. Quantitative results are more mitigated and it cannot be clearly said that CSR favours or not financial performance. More prospective is needed to be definite in the answer.
This document discusses a study analyzing a model for empowering women through cooperative organizations in Semarang, Indonesia. The study identified 27 registered women's cooperatives, but found only 17 were still active. It analyzed the economic conditions of these cooperatives and their members. Most members were housewives with potential for small business development. The study formulated an empowerment model focused on selective recruitment of productive members, transparent rules and procedures, and programs to support members' business development through training and access to capital. This model aims to strengthen members' economic welfare by facilitating their small businesses through women's cooperatives.
ANALYSIS OF FACTORS GOVERNING THE MARKET PRICE OF THE SHARES FROM NATIONAL ST...IAEME Publication
Banking systems and financial institutions are integral parts of an economy. Seamless functioning of these sectors is important for an economy to grow. Due to the advent of digital technology, banking and financial services have undergone a massive shift in their mode of operations. New trends are gaining momentum at a fast pace as the customers find it convenient and flexible at the same time. The emergence of financial technology has resulted in the introduction of several technological advancements in the industry. Fintech companies, internet banking and mobile banking are just some examples that mark this shift. The modernization of banking attracted the investors towards banking industry. This paper focuses on the factors governing the market price of the shares in Banking Sector of Companies such as Axis Bank, CUB, Federal Bank, HDFC, ICICI, IndusInd, Karnataka Bank, Kotak, KVB, South Indian Bank. This study has examined the relationship between dependent variables Market Price Per Share (MPS) and independent variables (Dividend Per Share (DPS), Earning per Share (EPS), Net Profit Margin (NPM), Return on Equity (ROE) and Return on Assets (ROA).The study was conducted based on secondary data and the researchers concluded that, there is a significant influence of foresaid factors on the market price of the shares.
The objective of the study is to examined Corporate Social Responsibility Disclosure in quoted money deposit
Banks in Nigeria. The research design used for this study is historical research design. The design was used so as to
capture relevant information from annual financial statement of quoted companies. The population of the study
consists of Twenty one (21) deposit money banks in Nigeria and a sample of eight commercial banks was randomly
selected using convenient sampling technique. Data were analyzed using ordinary least squares regression. The
findings of this research indicate an existence of negative relationship between firm complexity and environmental
disclosed in the Nigerian banking sector. It also indicates the existence of positive relationship between earnings and
CSR disclosure in the Nigerian banking sector and that bank size was negatively related to the extent of corporate
social responsibility disclosure by Nigerian banks. The implication of these findings is that as bank increase its
activities they should also be concern with the well-being of the environment which they operate. Finally, the study
recommends that banks should focus on activities that will synchronize its corporate goals with the sustainability of
the environment
IOSR Journal of Business and Management (IOSR-JBM) is an open access international journal that provides rapid publication (within a month) of articles in all areas of business and managemant and its applications. The journal welcomes publications of high quality papers on theoretical developments and practical applications inbusiness and management. Original research papers, state-of-the-art reviews, and high quality technical notes are invited for publications.
This thesis examines the impact of corporate social responsibility (CSR) activities on the brand equity of telecommunications companies in India. The document outlines the objectives, which are to identify the CSR initiatives of telecom companies in India and determine the impact of CSR activities on brand equity. The research methodology uses descriptive research and exploratory research approaches with a questionnaire and analysis of secondary data sources. The targeted respondents are managers of corporate communication divisions who can provide insight into companies' CSR motivations and activities. The thesis will analyze how CSR relates to brand equity factors like brand loyalty, awareness, association and perceived quality.
C.PARAMASIVAN ,PERIYAR EVR COLLEGE , TIRUCHIRAPPALLI Corporate social respons...chelliah paramasivan
This document discusses corporate social responsibility (CSR) activities of Bharat Heavy Electricals Limited (BHEL), with a focus on BHEL's Tiruchirappalli unit. It provides background on BHEL and defines key terms used to analyze CSR data. Tables show BHEL's total turnover, profit, and CSR spending from 2006-2013, with CSR amounts increasing from Rs. 37 million to over Rs. 37 billion over this period. Trend analysis finds CSR spending increased over 10,000% from 2006-2013. A second table presents similar data for just the Tiruchirappalli unit over the same period. The document reviews literature on CSR and lists many CSR activities undertaken by BHEL
This document summarizes an article on corporate social responsibility (CSR) in India. It discusses that while CSR has been practiced for decades by some Indian companies, it remains in a developing stage overall in India. It faces issues like a lack of understanding, insufficiently trained personnel, limited coverage, and superficial promotion. The document then examines the current state of CSR in India, how companies approach it, and partnerships with NGOs. It outlines the objectives and research methodology of studying CSR issues and challenges in India. Key challenges identified include difficulties making a business case for CSR and integrating it into company values and practices. The document concludes by stating that CSR is an opportunity rather than a peripheral issue for businesses in India.
This document summarizes a research study on the antecedents and consequences of job satisfaction and organizational commitment among internal auditors in the telecommunications industry in Indonesia. Specifically, it analyzes how the work environment influences job satisfaction and organizational commitment, and how job satisfaction and organizational commitment then impact organizational citizenship behavior. The study aims to answer four research questions regarding the relationships between these variables. It distributed 162 survey questionnaires to internal auditors and used path analysis to analyze the data. The results showed that a conducive work environment leads to greater job satisfaction and organizational commitment, which then encourage employees to exhibit organizational citizenship behavior to help achieve organizational goals.
Determinants of CSR Disclosure: A Study on the Listed Fast Moving Consumer Go...inventionjournals
As the rising of the corporate social responsibilities (CSR) is becoming a concern since the millennium year, especially by large or public listed companies in Bursa Malaysia. However, there are not much of those companies willing to disclose their CSR information to the public. Therefore, this endeavour is to investigate the content of CSR in annual reports and examine the significant relationship between determinants and CSR disclosure of listed fast moving consumer goods (FMCG) companies in Bursa Malaysia. This is a quantitative research, which involve content analysis since it adopted annual reports as main data resources. CSR, financial, and organisation information are going to be extracted to reckon the relationships between the variables and CSR disclosure by using CSR index and multiple regression. Result based on the analysis indicated that only two variables were significantly correlated with the CSR disclosure, which namely profits earned and independent directors. The top three elements that the most disclosed by these companies are general philanthropy, community programs and employee welfare. This study is important and its helps company in business decision making as this provide the extent of CSR disclosure of the industry. In addition, this study can be as reference to other companies for future CSR implementation.
Aceer Nadeem is seeking an internship with Schlumberger and has extensive academic and extracurricular experience. He has earned strong grades including A*s in physics and chemistry at the O-level and A-levels. Nadeem has participated in summer programs at Yale University and was accepted to programs at Stanford and Brown. He is currently pursuing a dual degree in chemical engineering. Nadeem has held several leadership roles in organizations focused on arts, the environment, and model UN. He also has international experience in community service and conferences.
This document provides biographical information about Hannah Bowley in the form of her CV. It includes her education history with degrees from The Kings School and Bournemouth University in Forensic Investigation. It also lists her employment history including various waitressing, bar work, and lab assistant roles. Her CV highlights her skills and interests such as organization, problem solving, IT proficiency, customer service, and passion for human welfare and equality. It also outlines her academic achievements and grades obtained in her university coursework.
Narendra Rathore is a visual merchandiser with over 9 years of experience. He has a proven ability to drive sales through innovative visual displays and store layout designs. He is currently looking for a suitable position as a visual merchandiser. Some of his past roles include senior visual merchandiser at MORE, a venture of Aditya Birla Group, and executive visual merchandiser at BIG BAZAAR, a venture of Future Group. He has received several best visual merchandiser awards.
Nicole M. Thompson is seeking a full-time, part-time, or temporary position as a dental hygienist. She has an Associate of Science Degree in Dental Hygiene from Indiana University School of Dentistry. As a student hygienist, she provided prophylaxis and periodontal treatment to over 75 patients and maintained patient charts. She is licensed as a dental hygienist in Indiana and certified to administer local anesthesia.
This document provides a summary of Aaron Joel's work experience and qualifications. It shows that he has over 10 years of experience in retail management and customer service roles. He has strong leadership, communication, and Microsoft Office skills. Aaron has held positions such as Operations Manager, Assistant Store Manager, and General Manager where he oversaw daily operations, supervised staff, and was responsible for tasks like inventory management, financial reporting, training, and ensuring excellent customer service.
I am a Fashion Graduate with about three years of work experience in India and U.S.A in the field of Apparel merchandising, Retail Sales, Business Development and Designing.
I worked for a French buying house in New Delhi, as an apparel merchandiser, which also had a vintage retail outlet. In addition, I did a short assignment in launching soft furnishings line for an interior designer in New Delhi where as a team we participated in the Asia's largest exhibition on Architecture, construction and design, ACETECH. Subsequently, I have worked with an American multinational company, Macy’s, as a sales associate in New York.
My experiences have taught me the different aspects of Apparel Merchandising and the interactions within the supply chain. I am detail-oriented, accurate, and dependable, with an uncompromising work ethic and can also work with people of different backgrounds and nationalities.
Work Status: Authorized to work in India, UK & USA (Permanent Resident).
Anita Tersigni is a dynamic and highly qualified Senior Collections Officer with over 20 years of experience in the collections industry. She has continually exceeded goals at previous employers including Credit Bureau of Canada Collections, Canadian Tire Financial Services, and Nor Don Collection Network Inc. She is experienced in all aspects of account resolution and collections practices.
Mac E. TwyFord has over 15 years of experience in manufacturing, including as an EH&S Coordinator and Lead Man at Electro-Motive Diesel. He has strong skills in safety compliance, inventory management, and modifying locomotives. Currently pursuing an Associate's degree in Environmental Science, he has extensive training in occupational safety and health.
Fernando Zea has over 10 years of experience in various administrative roles. He is bilingual in English and Spanish and proficient in Microsoft Office. His experience includes front desk reception, property management, and assisting in academic and language learning centers. He has strong organizational, communication, and customer service skills.
Dana Arismendez is seeking a new job where she can inspire teamwork, achieve goals, and take pride in her work. She has experience providing excellent customer service in fast-paced environments with an emphasis on detail orientation. She enjoys developing new programs and procedures through research and hands-on training. She graduated from UT Austin with a BA in Theatre and Dance and has over 4 years of experience managing operations at Six Flags, including supervising employees, safety procedures, and legal paperwork.
Kazi Arif Hossain is a highly organized and experienced professional seeking a challenging leadership role in visual merchandising or buying. He has over 6 years of experience in apparel merchandising, product development, sourcing, and production. Most recently, he was a senior merchandiser at Shanin Group where he helped increase annual turnover by $95 million and maintained strong customer relationships.
Mrs. Evlyn Ann Gollehon has over 25 years of experience in administrative, accounting, and bookkeeping roles. She has strong skills in accounts payable, accounts receivable, data entry, record keeping, and using software such as Excel, Word, QuickBooks, and Sage. Her most recent roles include accounts receivable clerk positions at The Nelrod Company and Alliance Tech Medical. She also has experience as an administrative assistant in juvenile justice and law enforcement settings.
7 corporate social responsibility perspectives and challenges in rural indiachelliah paramasivan
This document discusses corporate social responsibility (CSR) perspectives and challenges in rural India. It begins with defining CSR and noting its importance in India given that most of the population lives in rural areas. The document then reviews literature on CSR practices and initiatives in India. It outlines the objectives and methodology of the study, which examines CSR programs and their impact in rural areas by analyzing 6 companies. The results and discussion section describes the CSR policies and initiatives of these companies in areas like education, healthcare, infrastructure, and livelihood generation. It finds that while companies are actively engaging in rural CSR, there are still challenges to be addressed like lack of coordination and monitoring of projects.
CORPORATE SOCIAL RESPONSIBILITY IN CENTRAL PUBLIC SECTOR ENTERPRISES OF INDIADr. Kalpeshkumar L Gupta
The document outlines a presentation on corporate social responsibility practices in public sector enterprises in India. It discusses the objectives of studying CSR practices in major public sector companies. The research methodology involves analyzing CSR activities of 7 Maharatna companies and 7 Navratna companies. The findings suggest that while these companies engage in many CSR activities like village adoption, medical camps, infrastructure development, there are also challenges like identifying suitable projects and fully utilizing allocated budgets. The presentation provides information on guidelines for CSR in public sectors as well as specifics on CSR programs undertaken by the selected companies.
Report- Impact of CSR on financial performance of the companyBindu Priya Pasham
A team of dedicated professionals from IIM Udaipur, Futurescape and Economic Times have worked on the CSR study of 2015 and has listed India’s top 100 companies for CSR in the year. The top 5 companies and the bottom top 4 companies of the list i.e. 95-99 companies will be considered. The financial data of those companies will be taken and ratios will be performed, so that we come to know whether CSR policy has benefited the companies financially or not.
A Study Of Corporate Social Responsibility Practices And Its Effect On SocietyPedro Craggett
This document summarizes a study on corporate social responsibility (CSR) practices of telecom companies in Afghanistan and their impact on society. The study examines CSR activities of six major telecom companies in areas like education, health, sports and environmental protection. It reviews literature on CSR theories and models. The objectives are to understand CSR practices in the Afghan telecom sector, examine their effect on society, and suggest a CSR model for private firms. The document provides background on CSR and reviews key CSR theories including stakeholder theory, triple bottom line theory and resource-based view theory. It also discusses models of CSR proposed in previous studies.
This document is a student project on corporate social responsibility in India submitted to Kabul University in 2015. It provides an introduction to CSR, discusses the current state of CSR in India, and analyzes some of the key issues and challenges related to CSR activities in India. Specifically, it notes that while CSR has a long history in India, there is still debate around its definition. It also outlines some of the common approaches Indian corporations use for CSR programs, and discusses whether CSR should be made mandatory through law.
This document discusses the corporate social responsibility (CSR) activities of Bharat Heavy Electricals Limited (BHEL) with respect to its Tiruchirappalli unit. It provides an overview of BHEL as a leading public sector undertaking and describes the CSR activities undertaken by the Tiruchirappalli unit, such as education programs, infrastructure development, and community welfare initiatives. The document also presents data on BHEL's annual turnover, profit after tax, and amounts sanctioned for CSR from 2006-2007 to 2012-2013, showing a general increasing trend over time with CSR funding rising from Rs. 0.37 crore to Rs. 37.96 crore.
Corporate social responsibility_csr_overKush Juthani
1. The document discusses corporate social responsibility (CSR) initiatives taken by various companies in India. It provides examples of CSR programs focused on areas like farmer development, education, healthcare, and community development.
2. Many large Indian companies and corporations are recognizing CSR as an important part of their business strategy and are engaging in long-term, sustainable CSR programs in partnership with NGOs and local communities.
3. Examples of leading CSR programs mentioned include ITC's farmer development programs, IT companies like TCS and Wipro developing educational software, and companies like Aptech, Infosys Foundation, and Jubilant Organosys running schools, hospitals, and health programs.
This document presents a literature review on corporate social responsibility (CSR) practices of Indian companies. It discusses how CSR has traditionally been a voluntary activity in India but is now mandatory for large companies due to the Companies Act of 2013. The literature review analyzes several research papers that studied CSR activities and their impact in India. Key findings include that consumers have some knowledge of CSR but it varies, CSR can help companies operate sustainably and benefit stakeholders, and logistics companies can promote CSR through horizontal cooperation. The review suggests Indian companies need to further support society and that banks should get more involved in CSR through training employees. Overall, the review examines existing research on the evolving CSR landscape in India.
This document discusses corporate social responsibility (CSR) and research conducted on CSR. It defines CSR as voluntary activities undertaken by companies to operate in an economically, socially, and environmentally sustainable manner. The document then discusses the objectives of CSR implementations in India to adhere to CSR guidelines and help businesses achieve strategic objectives. It also examines why companies need CSR programs and discusses CSR in India historically as well as regulatory approaches, challenges, and the top 10 companies for CSR in India in 2014.
Value Creation Through Corporate Social Responsibility in Developing Countrie...Waqas Tariq
Consumer support for Corporate Social Responsibility (CSR) has been in practice for some years now and firms are demanded to seriously take CSR initiatives. This project has been compiled out of a wealth of literature that addresses the need and importance of CSR and business ethics in the society in great depth. A case study of CSR at Proctor and Gamble Pakistan was carried out by employing both the qualitative and quantitative data collection techniques to gather information so as to bring the attributes of triangulation in this research. The research findings outlined various views and beliefs of the respondents with regards to CSR initiatives by Proctor and Gamble Pakistan. The CSR awareness and societal veracities are the factors that encourage consumers to think ethically and make decisions in terms of who to develop associations with. The research shows a reflection of deductive approach and the researcher understood the inbuilt pros and cons of dependence upon secondary sources of information. It was attempted to adopt a hybrid strategy in this project but it mainly took a positivist look because of the nature of the questionnaire survey based upon close-ended questions aiming for quantitative data. The trend for CSR initiatives in developing countries is now growing at a decent pace and the recent advancements in technology and media have resulted in grown awareness among consumer groups to exert pressures on multinational companies to be apparent in their statements as well as practices.
Identifying key stakeholders of CSR & their roles
Role of Public Sector in Corporate government programs that encourage voluntary responsible action of corporations
Role of Nonprofit & Local Self Governance in implementing CSR
Contemporary issues in CSR & MDGs
Global Compact Self Assessment Tool
National Voluntary Guidelines by Govt. of India
Understanding roles and responsibilities of corporate foundations
This document summarizes a study on corporate social responsibility (CSR) practices of Bharti Airtel Limited and Reliance Industries Limited in India. It finds that the majority of opinion leaders agree CSR will be important in the future and positively impact company reputation and share prices. The study analyzed the CSR activities reported in the directors' reports of both companies, such as education initiatives and environmental programs. It concludes that as globalization increases corporate scale, CSR becomes more crucial to balance business needs with social and environmental responsibilities.
This document discusses corporate social responsibility (CSR) in India. It provides background on CSR, defining it as companies managing business processes to have an overall positive social impact. CSR was first discussed academically in the 1950s and is now mandatory for large companies in India under the Companies Act of 2013. The document outlines drivers and significance of CSR, as well as challenges in implementation, such as building local capacity and lack of transparency. It provides a checklist for evaluating CSR programs and concludes that while the Companies Act is a step forward, clear guidelines and transparency are still needed for CSR to be fully realized in India.
This document outlines a research project to conduct a socio-economic impact assessment of corporate social responsibility (CSR) activities undertaken by public sector units in Uttar Pradesh, India. The project will examine the impact and effectiveness of CSR programs related to education, healthcare, poverty alleviation, and sustainable development. Key objectives are to evaluate how CSR funds are used and their benefits to society, identify areas for improvement, and provide recommendations. Primary and secondary data will be collected through surveys, interviews, and reports. The 30-month project requires a budget of Rs. 20.3 lakh and will analyze CSR activities, their outcomes, and produce a report on findings and policy inputs.
Study of CSR Initiatives of Leading Information Technology Companies of India...Sunil Sood
Study of CSR Initiatives of Leading Information Technology Companies of India
Sunil Sood
Journal of Corporate Social Responsibility
Page No. 2 / Vol. 5 / Issue-2
Corporate Social Responsibility (CSR) is a growing force, with companies around the world increasingly recognizing the need to invest in the
communities and institutions that make their success possible. Earlier, the
companies were focused on increasing “Profits” but the recent developments
of activism in the last few decades influenced by the increasing globalization, environmental issues, awakening of public at large with spread of information & knowledge and other such factors have changed this
perception of Corporate's role, putting it in the wider societal context of which it is a part of.
CSR in India got a fresh impetus with the passing of the Companies Act, 2013 which makes it mandatory for companies with a certain threshold of turnover
/profits, to spend 2% of their average profits on various CSR activities. While
few countries in the world have mandatory laws for CSR reporting (like in
Australia, Norway, Denmark, Holland, France, Sweden), however, India is
the first country to have made it mandatory under law, for reporting plus
spending.
Of the various sectors comprising any economy, the Information Technology
(I.T sector)stands apart, being knowledge & services driven industry.
This paper makes an attempt to understand the CSR approach of the I.T sector in India & the choice of CSR activities undertaken by them.
The approach adopted by the I.T companies reflects that there is a broad spread of activities undertaken by them for fulfilling their CSR requirements.
A closer look reveals that the priority sectors which have got their attention, in the
increasing order of importance are:(1) Promotion of Education (2) Eradicating
hunger, poverty & malnutrition (3) Healthcare.
The study shows that Education is the first priority for making CSR spends for top Indian I.T companies, which is making a huge difference to the lives of millions now.
It can be understood that by spending on Education through these CSR initiatives,
the companies build a positive image as being concerned about the younger
generations and a hopeful future.
A study on_the_current_csr_policy_in__india_and_its_impact_on_indian_and_fore...SrijanaAdhikari10
This document discusses corporate social responsibility (CSR) policies and initiatives in India. It provides an overview of key aspects of CSR requirements under the Indian Companies Act of 2013, including spending thresholds, governance structures, and eligible activities. It notes that CSR spending by major Indian companies is growing and outlines some leading initiatives, particularly by Mahindra & Mahindra in areas like education, health, and the environment. The document aims to analyze the impact of the Companies Act on CSR approaches among Indian and foreign companies operating in India.
Corporate Social Responsibility Model Based On “Tri Hita Karana” Cultureinventionjournals
This research was conducted with the background of the CSR activities that are usually done by the company including the BPR industry. So far, CSR has not been adjusted to the values of local wisdom. One of the values of local wisdom in Bali that can be adopted by companies is the cultural value THK. Therefore, this study has the objective to explain the model of CSR-based cultural values THK. This study used a qualitative approach using key informants are stakeholders of the BPR industry, consisting of: the director of BPR, BPR commissioner, banking analyst, cultural experts, and academics. The number of informants there are as many as 15 people. The results showed that the BPR in Bali has implemented CSR activities such as: providing funding punia to pretend, to invite employees to tirta yatra, took off in the days of Hinduism, planting trees, using conditioned taste, using office facilities friendly environment, provide a decent salary, give a reasonable interest rate, giving social assistance to orphanages / nursing, until there doing house renovation. The various CSR activities when combined with cultural concepts THK then be grouped into parahyanganbased CSR, CSR-based pawongan, and CSR-based palemahan. All this THK-based CSR activities have a positive impact for all stakeholders BPR industry in Bali, such as: maintenance of harmonious relations with the BPR employees, customers and the surrounding community, the preservation of the natural environment is good, and the increased performance of BPR.
1. A COMPARATIVE STUDY OF CSR INITIATIVES IN THE POWER
GENERATION AND POWER DISTRIBUTION SECTOR OF INDIA
AMAL DEV M* GEORGY KURIEN
MBA Student Associate Professor
Lean Operations and Systems Lean Operations and Systems
Institute of Management Institute Of Management
Christ University, Bangalore Christ University, Bangalore
amal.dev@mba.christuniversity.in georgy.kurien@christuniversity.in
Mob: 8792334075 Mob: 9974989072
*Corresponding author
Biographical Notes
AMAL DEV M
Amal Dev M is a second year PG student pursuing MBA in Lean Operations and Systems from
Institute of Management Christ University, Bangalore. He has a Bachelor’s Degree in Mechanical
Engineering from Sai Vidya Institute of Technology, Bangalore affiliated to Visvesvaraya
Technological University, Belgaum. He has done an internship project on developing a supply chain
model for B2B e-commerce portal for LED lights. His areas of interest are supply chain management
and data analytics and plans to pursue a career in any of these two fields post completion of his MBA.
GEORGY KURIEN
Georgy Kurien is currently working as an Associate Professor in Lean Operations and Systems
Specialisation at Institute of Management Christ University, Bengaluru India. He teaches Supply
Chain Management, Sustainable Business Management and Operations Management to MBA
students. Prof. Kurien obtained his ME in Mechanical Engineering from University of Pune, India and
PG in Business Management from XLRI Jamshedpur, India. He has around 14 research publications
to his credit which include international journals, book chapters and international conferences. His
areas of interests for research are Performance Measurements in Supply Chains, Sustainable Supply
Chains and Sustainable Business Management.
2. ABSTRACT
Today's corporate world is swarming with the various discussions about Corporate Social
Responsibility (CSR) and its vision to conjunction the corporate and social space. Be that as
it may, the vagueness and non-clarity of CSR first as an idea and then as a practice is broadly
recognized by all. CSR in Indian connection turns into a more genuine discussion after the
introduction of Section 135 of the Companies Act, 2013. Regardless of its late introduction,
the practice of CSR is especially not new to the Indian Public Sector Undertakings (PSUs) as
they have been addressing CSR both ethically and statutorily under the Guidelines on
Corporate Governance for Central Public Sector Enterprises, 2010 (issued by the Department
of Public Enterprises). Subsequently, PSUs undeniably have an extra advantage and
experience over other privately owned businesses as far as CSR is concerned.
This paper tries to dissect the status of Indian Public Sector Undertakings (PSUs) in Power
sector and infer significant observations and trends concerning the initiatives of the CSR
division of the chosen organizations. It is an endeavour to group the activities under the
required guidelines of CSR and attempt to gauge if the endeavours are heading in the right
path. It gives a look into the CSR approaches of Indian Public Sector Undertakings and tries
to draw inferences out of these findings. This paper does not legitimize the good and bad
approaches to the idea of CSR for there is no objective conclusion to its efficiency and
effectiveness. The data used for this research is secondary in nature collected from multiple
sources ranging from the official website of the PSUs, news articles, academic research
journals, independent study reports, media coverage and other relevant and reliable web
sources.
Key words: Corporate Social Responsibility (CSR), Public Sector Undertakings (PSUs),
Corporate Shared Value (CSV)
1 INTRODUCTION
Corporate Social Responsibility, the immensely hyped but less comprehended idea is the new
popular expression in the corporate and social segments. There have been various endeavours
to comprehend the subtleties of this genuinely perplexing and puzzling hypothesis.
Distinctive gatherings have deciphered it contrastingly yet the assent stays in place on the
3. way that CSR is a contemporary concept and has developed out from the deliberate and
liberal generosity of the ones with cash and assets which they facilitate towards the
necessities of the general public. CSR is upheld by the acknowledged need of setting up a
sustainable environment for one and all.
Analysing the term, there exists a quintessence of both moral and practical derivative to it.
This is where the contradiction emerges because CSR as a philosophy is totally different from
the ways it is been practiced at organizations. As a philosophy CSR is more adequately
referred to as Corporate Shared Value (CSV) (Chaturvedi, 2013) which is much wider than
the concept of environment and sustainability and assimilates corporate and communities as a
solitary entity and works for the synchronization of visions. Profit generation has always been
the final objective of a business operation but on the other hand CSR is beyond the statutory
obligations of the organization. (Bibhu Prasad, 2012).
Thus, CSR has remained extraneous to the traditional plans of action and standards of
businesses. In the long run, an attempt has been made to infiltrate the aspect of CSR into the
standard business by the introduction of Section 135 in the modified Companies Act; 2013.It
has further increased the need for a pivotal investigation of testing the synchronization of the
corporate operations with the guidelines of the Act.
This study, tries to examine the status of CSR in the Public Sector Undertakings (PSUs) in
the Indian Power Sector and obtain relevant observations and trends with respect to the
existing CSR mechanism of the concerned area. This paper will at no time attempt to
legitimize the good and bad approaches to the idea of CSR for there is no final conclusion to
its worthiness and relevance. It is an endeavour to gather and discover the activities under the
compulsory principles of CSR and attempt to gauge if the endeavours are heading in the right
course. It throws some light into the CSR initiatives of Indian Public Sector Undertakings and
draw some sensible derivations out of these findings.
This research is more aligned towards power sector and attempts to gather a thorough view of
the existing state of CSR in this sector. It throws light on the recent CSR activities of the
individual organizations chosen and binds to guide its importance, appropriateness, adequacy,
limitations and social reactions. The report likewise makes an endeavour to offer brief
investigation of the issue and offer suggestions in its own particular humble limit.
The motivation behind this paper is to draw public attention towards the moderately under-
looked and under-investigated zone of CSR initiatives in Indian PSUs. The paper is organized
4. with a brief description of the research methodology followed by an overview, research
findings, shortcomings and recommendations of CSR initiatives of power sector PSUs.
2 RESEARCH METHODOLOGY
2.1 Research Objective
The objective of this research is to carry out a comparative study on the status of CSR
initiatives in the power generation and power distribution sector of India.
Before moving ahead it is very important to understand the reasons behind choosing Public
Sector Undertakings (PSUs) of power sector for this research. PSUs have a prominent role in
CSR as they are the primary foundations of Indian economy and acts a pioneer for implanting
CSR at all types of organizations both public and private organizations.
The three main reasons for choosing Power Sector PSUs are as follows:
1. Even before the introduction of Schedule 135 of the Companies Act, 2013, Directives
on Corporate Governance for Public Sector Enterprises, 2010 was issued by
Department of Public Enterprises (DPE). This gives an effective foundation for a
thorough research.
2. Government in all ways and forms is obliged towards the improvement of the
livelihood of citizens of the country.
Power Sector, owing to its gigantic operation size and coverage leads to exploitation
and pollution of natural resources of the country. Their operations lead to
displacement of livelihoods of many and it creates adverse impact on the
environment. Hence they are indebted greatly to the society and they can repay them
in the form of CSR spending.
2.2 Sources of Data
Exploratory Research
The data used for this research is secondary in nature collected from multiple sources ranging
from the
∑ Official website of the PSUs
∑ News articles, academic research journals
∑ Independent study reports, media coverage
∑ Other relevant and reliable web sources
5. 2.3 Domain of Research
The Power sector includes the below mentioned companies involved in power generation and
power distribution.
Table 1: List of selected Power Sector PSUs
SL.NO Power Sector PSU
1 National Thermal Power Corporation Ltd.
2 National Hydroelectric Power Corporation
3 Power Finance Corporation Ltd.
4 Power Grid Corporation of India Ltd.
5 Rural Electrification Corporation Ltd.
3 OVERVIEW OF CSR IN POWER SECTOR PSUs
The table shown below has been developed post a broad study on the available secondary
data on the CSR activities and endeavours of the Power PSUs. The facts and figures basically
pertain to the financial year 2014-15:
Table 2: Overview of CSR in Power Sector PSUs
PSU CSR
budget
( in crores)
Major
Operating
Regions
Focus
Areas
CSR
Committee
Current
Status
of
CSR activities
NHPC Budget
Allocated:
47.64
Amount
Spent :
52.24
Himachal
Pradesh,
Arunachal
Pradesh,
Assam,
UP, Sikkim,
Darjeeling
Education,
Healthcare,
Women
Empowerment,
Swacchh Bharat
Abhiyaan,
Swacchh
Vidayylaya
a. Board level
CSR and
sustainability
Committee
b. Nodal Officer
and team will
be
responsible
NHPC has set
aside 40 crores
for construction
of 2242 toilets
in Assam and
AP under
Swacchh
Vidayylaya
6. Abhiyaan. for selection
and execution
of CSR
projects
c. Unit, regional
and corporate
level teams
for
identifying,
executing
and
monitoring
CSR
activities
Abhiyaan
NTPC Budget
Allocated:
283.48
Amount
Spent :
205.18
Arunachal
Pradesh,
Odisha,
Noida
,Lucknow,
Rihand,
Dadri,
Kerala
Health,
Sanitation,
Drinking water
, Education,
Women
Empowerment,
Social
infrastructure
development,
Support to
specially abled,
Environmental
sustainability
a. Board level
CSR and
sustainabilit
y
Committee
b. NTPC
Foundation
c. EVOICE
The company
continues to
have an active
presence in
several social
initiatives
throughout the
year on skill
development,
women
empowerment
and rural
infrastructure.
PGC Budget
Allocated:
1.92
Amount
Spent :
1.91
Delhi,
Meghalaya,
Assam,
Karnataka,
Haryana,
UP,
Andhra
Pradesh,
Rural
Infrastructure,
Skill
Development,
Environment,
Healthcare
Board level CSR
committee of
directors headed by
independent director
Majority of
activities
were focussed
on employee
engagement
programs like
blood donation
and tree
7. North East,
Sikkim
planation
drives
PFC Budget
Allocated:
117.49
Amount
Spent :
51.68
Andhra
Pradesh,
Leh,
Mussoorie
Gujarat,
Sikkim,
Jharkhand,
Maharashtra,
WB
Health,
Sanitation,
Drinking water
Education,
Women
Empowerment,
Environmental
sustainability
Board level CSR
committee of
directors headed by
independent director
Skill
development
projects in rural
areas of the
country
RECL Budget
Allocated:
103.25
Amount
Spent :
103.25
Punjab,
Rajasthan,
UP, Bihar,
Telangana,
AP, Odisha,
Jharkhand
As specified in
Companies Act,
2013
Board level CSR
committee of
directors and
communication
strategy
There has been
no media
coverage of
RECL’s CSR
initiatives in
2015
4 RESEARCH FINDINGS AND RECOMMENDATIONS
After a comparative study on the CSR initiatives of the Power Sector PSUs some interesting
comments can be made on the practice of CSR. Although CSR has been implemented in
Public Sector Undertakings for almost a decade now but the definition and implementation of
CSR in these organizations is still very much in a nascent stage. The research findings show
that CSR is still been practiced just for name sake rather than as a means of improving the
conditions of the communities and societies with which the PSUs co-exist. Here are some of
the findings from study of CSR initiatives with its shortcomings and recommendations to
improve them.
4.1 Findings
On a general level, with respect to the qualities of operations, the liberality and effectiveness
of spending, topographical scope, positive after results and a recognizable public presence
8. NTPC, RECL and NHPC have been more superior in the CSR front over the other PGC and
PFC.
Table 3: Summary of Observations
Parameter Observation
Areas of Focus The focus areas for CSR initiatives of the power sector companies
seems to be overlapping with each other. The primary areas of focus
are Health, Education and Rural Development.
Budget Allocation NTPC is one of the highest contributors towards CSR in the year
2015. Its budget allocation unlike others is based on geographical
locations rather than focus areas. NHPC is spending more than the
statutory prerequisite and PFC gives off an impression of spending
less than the allocated sum.
Execution Most of the selected power sector PSUs have preferred direct
execution of the CSR activities as opposed to partnering with any
third party agencies. There are only few documents available on the
impact assessment of CSR initiatives in powers sector PSUs. NHPC
also clearly mentions its official CSR document that there has been no
impact study carried out for the CSR activities.
Geographical
Variation
As the establishment of power sector PSUs are subjected to the
availability of natural resources thus a majority of CSR activities are
implemented in the north eastern regions of India like Assam,
Arunachal Pradesh, Meghalaya etc.
Role of
Government
Governmental regulations and control have a prominent presence in
PSUs. Hence most of CSR budget allocated goes to implementing
government initiatives and schemes such as Swacchh Bharat
Abhiyaan, Swacchh Vidayylaya Abhiyaan.
4.2 Shortcomings
9. A comparative study of the Power sector PSUs brings out the blacks, whites and the greys of
the segment. NTPC is a standout amongst all the chosen organizations regarding CSR
activities in the nation .It is recognized for its exhaustive Resettlement and Rehabilitation
(R&R) policies community development (CD) initiatives. Notwithstanding, the overall
endeavours of the Power sector appears to be scattered and lacks planning. It needs
specialization and focus .The areas of focus are more aligned towards Health and
Environment. These areas are without a doubt extremely critical however other areas like
Rural Development and Education must also be given equal importance.
a. There is an absence of clarity in the entire process of CSR. CSR as an idea is
embraced enigmatically and for name sake.
b. Schedule 7 of the Companies Act, 2013 is a very exhaustive list and it restrains the
dimensions of CSR operations. It overlooks the dynamics of the existing social
circumstances in India.
c. There is a widespread Communication Gap between the PSUs and the communities.
Even though, the PSUs employ mediators who supposedly know the community and
their situations better, there still are loopholes which results in incomplete knowledge
and makes the initiatives just another act of charity.(Sethi,2013)
d. There is a lack of coordination between the state government and the PSU. They are
rarely on the same level of understanding and often the state governments are not
involved in the CSR initiatives of the PSUs. This makes the exchange of resources
and plans a tedious and time-taking procedure.
e. Lack of transparency and liability is yet another important shortcoming. There is no
tangible way to hold the companies accountable for what they have or have not done.
4.3 Recommendations
1. Extensive Documentation: There is a need to document and refer the impact and
findings of the CSR activities initiated by the PSUs. These records will help to
trace the course of the action of the activities, and will help in figuring out the
drawbacks and assist further improvements.
2. Need of Expertise: The sector needs more expertise and focus from bodies
specialized in the field of research, planning, execution and follow ups of CSR
initiatives needs to be brought on board. Assistance can be taken from institutions
10. such as CSR Hub by Tata Institute of Social sciences and more such
collaborations should be encouraged for foundation building of CSR by the
companies as well as the government.
3. Dynamic Collaborations: The collaborations should be made more laced and
mutually dependent. The organizations need to join hands with a few partners
including the state governments, NGOs, other corporates with the same objectives
and initiatives, experts, representatives of the community, social researchers etc.
4. Role of Media: Media has always been a very powerful method to reach out to
the maximum number of people in the minimum time. CSR initiatives of these
PSUs should look out for more media presence as it would acknowledge their
efforts as well invite people with common objectives to draw closer and aid the
PSUs with the CSR operations.
5. Flagship Projects: The PSUs instead of spending on multiple generic issues
without a substantial plan, should try to narrow down their focus to some integral
areas which they can specialize in and should formulate a more extensive and
innovative plan which could be their flagship project and hence become
something distinct to that particular PSU.
6. Accountability and Transparency: In order to keep a clear track on the
reliability of the CSR operations of the PSUs and avoid any dubious actions, the
accountability should be made more absolute. The provisions of Article 135 of the
Companies Act, 2013 and the guidelines on corporate governance of central
Public Sector Enterprises, 2010 by the Department of Public Enterprises can be
merged into one and the regulating bodies can be made more particular about the
non-compliance about the non-seriousness of the CSR approach.
7. Capacity Building: Even though the PSUs need to seek some expertise in the
initial stages of working, the focus should primarily be on building one’s own
capacity and involving itself more and more in the planning and implementation
of the CSR initiatives. The implementation should solely depend upon the
company by the way of employee engagement, establishing special CSR cell
within the company itself and many more of such innovative initiatives.
11. CONCLUSION
There is no doubt that the state of CSR policy in India has changed drastically. It has
taken a noteworthy leap from an insignificant inconsistence approach to a more planned
and systematic approach keeping in mind the end goal to mitigate the social hardships of
the people and the society it co-exists with. The definition and most importantly the
practice of CSR in the corporate world has changed dramatically. The present study
indicates that although CSR has been implemented in Power Sector PSUs for over decade
now but the overall practice of CSR is still very much in a nascent stage. As it has been
observed from the study that most of the CSR endeavours of PSUs coincide in terms of
the type of projects, geographical location, focus areas and target segment which has to
change as PSUs are responsible for the development of each and every section of the
society rather than just certain communities. Thus the PSUs must bring in the right
expertise through dynamic collaborations with external agencies to develop flagship CSR
projects with optimum media presence which must be followed up with impact
assessments of these CSR practices on the society by establishing transparent and
accountable CSR committees.
Indian PSUs today are well aware of their duties and commitments towards the society.
All they need is the right direction and approach to adhere to those commitments. With a
specific end objective to become a co-existent member of the society, PSUs need to fit in
the shoes of the communities and attempt to make CSR a regular practice. The
compliances of CSR must be done in a way that it involves majority of shareholders and
generate their interest towards this monetarily and socially possible charity plan. Once the
PSU can make a collaboration between all the stakeholders of the society, it would be a
win-win position for all the vested parties. PSUs need to emphasize on the ever changing
needs and desires of the citizens of the country. The CSR methodology of the PSUs must
be more sensitive, sympathetic and in the meantime more focussed and specific.
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