Some financial institutions, banks in particular, have turned to corporate social responsibility to give back, develop credibility, and regain consumer trust and confidence that waned in the wake of the U.S. financial downturn. Since 2008, Americans have lost confidence in banks at an alarming rate. According to yearly Gallup polls, just 22% of Americans had …
Civil society—the NGO sector—bridges the gulf between citizens and government. When governments treat this bridge with hostility, it is the citizen who is distanced and whose interests have no interlocutor. July 2015 brought civil society funding into the limelight. Azim Premji gave away almost half his stake in Wipro to his charitable foundation, which supports …
Constantly evolving rules and anomalies over tax treatment have constrained corporate programmes in the first year that the government’s CSR mandate has been in force On the face of it, Maneka Gandhi’s admonition to big business at an Assocham meeting earlier this month that it was “non-serious” about corporate social responsibility (CSR) is valid. By …
Attitudes among business leaders about the relationship between business and social change are shifting. On the one hand, executives understand that their businesses have an important role to play in solving social problems. On the other hand, the value of corporate social responsibility isn’t clear and many believe a new approach that delivers more return …
How some companies are trying to get more ROI from CSR Read More »
As corporates start making their annual statutory filings, the government-appointed expert panel is expected to finalise next month its suggestions for better monitoring of CSR under the new companies law.Under the Corporate Social Responsibility (CSR) regime — that came into effect on April 1, 2014 — certain class of profitable companies have to shell out …
Govt-appointed panel on CSR to finalise report next month Read More »
