CSR

5 Best Practices for Small Businesses to Engage in CSR on Social Networks

Authentic, continuous, targeted and interactive, social networks emerged as the ideal tools to engage in a meaningful dialogue between a company and its stakeholders. But not every company can afford to set a coherent communication strategy with its stakeholders, combined with precise and thoughtful community management. This is why the “Center For Social Impact Communication” …

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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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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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