Over the years, CSR activities have been a vital component of the business strategy for large companies that spend millions of dollars every year on it. But now, startups too are realizing the advantages of associating themselves with the right social or environmental causes to boost their own prospects.
Academic studies show that building an appropriate reservoir of positive corporate responsibility can help insure against the effect of future bad CSR news on stock performance. But new research shows that investors’ negative perceptions of corporate irresponsibility can also be mitigated with the same-day release of positive CSR news.
As business leaders, we need to understand and appreciate our newest generations in order to attract and retain them. My daughter is a millennial. Recently I asked her when she uses email, and she stated matter-of-factly: when she has to talk to old people. Keeping this in mind, I’ve found these strategies to be especially …
3 Ways to Stop Millennials From Fleeing Your Company Read More »
FOREIGN companies in China released 126 corporate social responsibility reports in the first 10 months of this year, up 28.6 percent from the same period of last year, according to data from China WTO Tribune. Companies now find CSR as a vital tool to enhance their reputation in the marketplace. They also consider CSR as …
The report said that companies are now going to non-headquarter locations for CSR, indicating growing equity in the distribution of projects. Nasscom Foundation on Thursday in its yet-to-be-released report, has said that a substantial number of companies have spent more than 60-70% of their corporate social responsibility (CSR) spend in education initiatives and the remaining …
Nasscom Foundation says most firms spend 70% CSR fund on education Read More »
