Corporate social responsibility activities are guided less by what is deemed good for the society in the long run and more by the short-term compulsions and interests of a company. The Companies Act, 2013 has been mainly instrumental in focusing attention on corporate giving for social development in India, though that was not its main …
Is Mandated Philanthropy Doing Indian Society Any Good? Read More »
Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Ltd, today launched mobile applications for corporate social responsibility (CSR) and bill tracking system (BTS). Developed in house by the department of Systems, both the applications were launched by A K Jha, Chairman & Managing Director of MCL on the occasion of 26th Foundations Day of …
A multinational boss fancies himself King of the World. The bottom line is that Paul Polman is not focused on the bottom line.
Fast-growing, mid-sized family businesses around the world have identified corporate social responsibility (CSR) as an important element for their success, according to a joint report by Citi Private Bank and UK-based family business information provider Campden Wealth Research. The report, entitled The Top 50 Global Challengers, released last week (March 30), profiles 50 fast-growing family …
CSR a key element for success at top family businesses Read More »
In his groundbreaking 1962 opus Capitalism and Freedom, economist Milton Friedman famously claimed that the “one social responsibility of business [is] to increase its profits so long as it stays within the rules of the game.” Friedman expanded on that idea in a popular 1970 piece for The New York Times, pointing out how a …
The reason your business should have a CSR strategy Read More »
