CORPORATE SOCIAL RESPONSIBILITY: INITIATIVES AND ITS IMPACTS ON SOCIO-ECONOMIC DEVELOPMENT ON RURAL AREAS OF INDIA
The paper attempts to explore Corporate Social Responsibility (CSR) initiatives and its impacts on socio-economic development of rural areas. Considering rural people are the stakeholders of the company, study examines if they become receipts of benefits when CSR practices are implemented. If yes, what are those initiatives? Are these practices considered as a business strategy and the impacts of CSR on socio-economic development of rural population in India? Forty-four companies of various industries from across India have been selected for the purpose of study. Methodology opted for the study relied on Internet based research, case studies, previous publications or review of literature. The paper concludes with the benefits of the social responsibility for the rural development of India, its impact and the best practices within different industries.
• Balachandran, V., & Chandrasekaran, V. (2008). Corporate Governance, Ethics And Social
Responsibility. PHI Learning Private Limited, New Delhi
• Sanjay.K.Agarwal. (2008) Corporate Social Responsibility in India, Sage Publications
• C. Gopala Krishnan.(1992), CSR in India: A Study of Management Attitudes, Mittal Publications
• Saleem Sheikh. (1996), Corporate Social Responsibilities: Law & Practice, Cavendish Publishing
• Thomas Clarke. (2005). Corporate Governance: Critical Perspectives on Business and
Management, Routledge, London.
• Thomas Clarke.(2006), Corporate Governance and Globalization, Sage Publications,
• Kumar,R.(2008), Social Responsibility of the Corporate Sector in India. RITES
• Khan, A.F.and Atkinson, A. (1987), Managerial attitudes to social responsibility: A comparative
study in India and Britain , Journal of Business Ethics,6,pp 419-431.
• Arora, B. and Puranik. (2004), “A Review of Corporate Social Responsibility in India”,
Development, 47 (3), pp.93-100.
• Belal,A.T. (2001), A Study of Corporate Social Disclosures in Bangladesh, management
Auditing Journal, 16 (5), pp.274-288.
• Conway, C.(2003), Tracking Health and Well being in Goa’s Mining Belt, Case Study 5,
Ecosystem Approach to Human Health, International Development Research Centre, Canada.
• Chappel, M. and Moon, J.(2005), Corporate Social Responsibility(CSR) in Asia: A Seven
country study of CSR”,Business and Society, 44(4),pp415-441.
- There are currently no refbacks.
This work is licensed under a Creative Commons Attribution 3.0 License.