COMPARATIVE EVALUATION OF CORPORATE SOCIAL RESPONSIBILITY PRACTICES IN PUBLIC AND PRIVATE SECTORS IN INDIA
DOI:
https://doi.org/10.29121/shodhkosh.v5.i3.2024.3121Keywords:
Corporate Social Responsibility (Csr), Csr In Public Sector, Csr In Private Sector, Indian Companies Act, 2013Abstract [English]
The essential purpose behind Corporate Social Responsibility is to cooperate other pro-social aspirations and improvise reputation. Conventional CSR objectives involve depreciating environmental degradation, encouraging volunteerism among the employees, and bequeathing welfare. Corporate social responsibility is a self-adjusting enterprise design that supports organizations as humanly, socially culpable to themselves, their stakeholders, and the populace they are associated with and living around. The intention of the research is to analyze the corporate social responsibility initiatives in India and comparing the initiatives by the public and the private sector. The paper opts empirical methodology to conduct a survey based on certain questionnaire and it was evaluated that the private sector is more actively participating in CSR and related social welfare activities as it was demonstrated from the survey that the private sector highly indulges in every stream and compasses the infrastructure, environment protection, education and health sector as well as rural development.
References
Acharyya, M., & Agarwala, T. (2020). Relationship between CSR motivations and corporate social performance: a study in the power industry in India. Employee Relations: The International Journal. DOI: https://doi.org/10.1108/ER-01-2019-0091
Ali, W., Frynas, J. G., & Mahmood, Z. (2017). Determinants of corporate social responsibility (CSR) disclosure in developed and developing countries: A literature review. Corporate Social Responsibility and Environmental Management, 24(4), 273-294. DOI: https://doi.org/10.1002/csr.1410
Arevalo, J. A., & Aravind, D. (2011). Corporate social responsibility practices in India: approach, drivers, and barriers. Corporate Governance: The international journal of business in society. DOI: https://doi.org/10.1108/14720701111159244
Aspal, P. K., & Singh, M. (2020). Nature and Extent of Corporate Social Responsibility Disclosure in India: A Study of Selected BSE Companies. Asia-Pacific Journal of Management Research and Innovation, 2319510X1989863. doi:10.1177/2319510x19898631 DOI: https://doi.org/10.1177/2319510X19898631
Bala, M. (2015). A Comparative Study of Methods of CSR implementation in Indian context. Bhatia, S., Gupta, G., & Tripathy, A. (2020). The strategic corporate social responsibility (CSR) quandary: an instructional case. Emerald Emerging Markets Case Studies.
Bordoloi, M., & Mukherjee, K. (2017). A Comparative Study on the CSR Activities of Public and Private Sector Commercial Banks. International Journal of Interdisciplinary Research In Science Society And Culture (Ijirssc, Vol: 3, (Issue: 1, (June Issue).
Chopra, I. P. (2017). A Comparative Study of Corporate Social Performance in Public and Private Banks in India. Asian Journal of Research in Banking and Finance, 7(7), 52-62. DOI: https://doi.org/10.5958/2249-7323.2017.00068.2
Doke, D. D., & Dadas, A. B. Overview of CSR activities in India.
Fahad, P., & Nidheesh, K. B. (2020). Determinants of CSR disclosure: An evidence from India. Journal of Indian Business Research
Garg, P. (2016). CSR and corporate performance: evidence from India. Decision, 43(4), 333- DOI: https://doi.org/10.1007/s40622-016-0131-7
Business Research.
Gautam, R., Singh, A., & Bhowmick, D. (2016). Demystifying relationship between corporate social responsibility (CSR) and financial performance: an Indian business perspective. Independent Journal of Management & Production, 7(4), 1034-1062. DOI: https://doi.org/10.14807/ijmp.v7i4.443
Guarini, E., & Nidasio, C. (2002). CSR role in Public–Private partnerships: Models of governance. Available at SSRN 2379382. DOI: https://doi.org/10.2139/ssrn.2379382
Kadyan, J. S. (2020). Corporate Social Responsibility in India. The Palgrave Handbook of Corporate Social Responsibility, 1-31. DOI: https://doi.org/10.1007/978-3-030-22438-7_86-1
Kansal, M., Joshi, M., & Batra, G. S. (2014). Determinants of corporate social responsibility disclosures: Evidence from India. Advances in Accounting, 30(1), 217-229. DOI: https://doi.org/10.1016/j.adiac.2014.03.009
Kaur, S., & Bhaskaran, R. (2015). Corporate Social Responsibility Disclosure Practices of Public and Private Sector Banks in India: A Comparative Analysis. IUP Journal of Management Research, 14(2).
Narwal, M., & Singh, R. (2013). Corporate social responsibility practices in India: a comparative study of MNCs and Indian companies. Social Responsibility Journal. DOI: https://doi.org/10.1108/SRJ-11-2011-0100
Madhu Bala (2015). A Comparative Study of Methods of CSR Implementation in Indian Context. International Journal of Management, 6(1), 5-18.
Mahapatra, M. (2019). CSR practices among public and private sector companies: A community development approach in Indian context. Journal of Management and Public Policy, 10(2), 33-42. DOI: https://doi.org/10.5958/0976-0148.2019.00003.9
Ramesh, B., & Mendes, S. (2015). Corporate social responsibility: A comparative study of select public and private sector banks in India. The Indian Journal of Commerce, 68(4), 80-85.
Sharma, N., & Kundu, B. (2014). A Comparative Study of Corporate Social Responsibility Practices of Selected Public and Private Sector Companies in India. Period. Res, 2, 1-5.
Srivastava, G. (2019). Impact of CSR on company’s reputation and brand image. Global Journal of Enterprise Information System, 11(1), 8-13.
Ward, H., Wilson, E., & Zarsky, L. (2007). CSR and developing countries. Sustainable Development Innovation Briefs, 1, 1-8.
Tewari, R. (2011). Communicating corporate social responsibility in annual reports: a comparative study of Indian companies & multi-national corporations. Journal of Management and Public Policy, 2(2), 22-51.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Dr. Aarti Chopra, Dr. Salim Khan, Dr. Ekta
This work is licensed under a Creative Commons Attribution 4.0 International License.
With the licence CC-BY, authors retain the copyright, allowing anyone to download, reuse, re-print, modify, distribute, and/or copy their contribution. The work must be properly attributed to its author.
It is not necessary to ask for further permission from the author or journal board.
This journal provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge.
