There is a growing body of international research that suggests that companies with gender-diverse boards are better corporate citizens. These companies comply with legislation and they also have initiatives in place to meet their shareholders’ and stakeholders’ social and environmental demands.
Everybody knows businesses are there to make profit, but all over the world forward-thinking ones engage in various forms of corporate social responsibility (CSR) to benefit society. While some businesses undertake CSR occasionally, others have made it the core of their operations and dutifully carry it out without fail.
SBI chairperson Arundhati Bhattacharya says CSR spending from banks could remain muted till stress in the financial sector eases. The stress in the financial system is taking a toll on corporate social responsibility (CSR) spending by banks.
THE notion of corporate social responsibility (CSR), that businesses have a moral obligation to the community they operate in, has been around for decades. It seems to be a common thought that CSR is only relative to corporate giants or high-profile businesses, which is not the case.
Allowing top companies to fund incubators through the corporate social responsibility (CSR) obligation can help in promoting the startup ecosystem in a big way. Given the mandatory CSR spending of 2% of the net profit by the India Inc
