4 benefits of implementing a corporate social responsibility program
Launching a corporate social responsibility program can sound like a big undertaking. The good news: Your organization doesn’t have to set out to save the world.
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WorldView – Private sector competes to provide new CSR services in Egypt
Corporate Social Responsibility (CSR) has risen since the early 20th century due to the increasing separation between state ownership of production and private ownership, as well as the involvement of the private sector in the production process. The classical economic philosophy assumed that CSR is the provision of goods and services to consumers and the …
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HCL to announces corporate social responsibility grants
The HCL Foundation will announce grants of Rs 5 crore each in the fields of education, health and environment through pan-India symposia on “Corporate Social Responsibility (CSR) for Nation Building: The HCL Grant”. The HCL Foundation symposia are being held “to drive inclusive development models that are innovative, add equitable value and help NGOs gain …
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CSR’s problem with good governance
It is important to ensure that companies do not use spending on Corporate Social Responsibility (CSR) as a proxy for promoting their brands. There has been a debate in Bengaluru recently relating to a donation made by construction firm Puravankara to the Suchitra Cinema and Cultural Academy Trust.
Bajaj wants govt to clarify on tax exemption on CSR spending
Bajaj Group patriarch Rahul Bajaj has asked the government to clarify whether the Indian firms spending two per cent of their profits on corporate social responsibility, as mandated by the new company law, should get tax exemption on it. Citing the conflicts in the tax laws, the veteran industry leader said that when the …
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