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Promotion of Education & Skill Development

India’s pioneering CSR law could have promise, but progress is slow

Earlier this year India became the first country to mandate corporate social responsibility by law in an effort to share the cost of development with the many companies growing fat on its economic rise. The government first estimated CSR spending could top $3.3 billion, exciting development actors who saw a significant source of new funding. …

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CSR through a Litigation Prism

Viewing CSR strategy through a litigation prism may, at first glance, seem cold blooded or cynical. It is neither. Litigation readiness is a proxy to understand the rigor of a company’s approach to CSR due diligence and response. It does not mean thinking of CSR as exclusively a legal issue. And it certainly does not …

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Sustainable Environment

Does Corporate Social Responsibility Increase Profits?

It is generally held that corporate social responsibility (CSR) could increase company profits and thus most large companies are actively engaged in it. But few executives and managers are aware of the research on this important subject. And as I review here, the research does show that it may improve profits. However, linking profit growth …

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When Corporations Fail at Doing Good

  Thousands of American fast-food workers went on strike Thursday, rallying for an increase in wages to fifteen dollars an hour, more than double the federal minimum wage. Some businesspeople responded by saying they want to improve wages and working conditions at their companies voluntarily, under the theory that their competitors will have to follow …

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