Professional Documents
Culture Documents
CSR
CSR
INTRODUCTION
1.Responsibility of corporate towards the benefit of society. 2.Relationship of business and society. 3.Profitability should not be primary purpose. 4.Corporate as integral part of society.
Business responsibility i.e use resources & energy to earn max profit.
CONTEMPORARY VIEW 1.Take care of expectation of strikeholders(employees, supplier,shareholders,consumer etc.) 2.Business as economic entity. 3.CSR directly proportional to company size. 4.Social operation of business. 5.Economic obligation
SHARE HOLDERS
GOVT.
CSR
EMPLOYEES
COMMUNITY
CONSUMERS
Earn sufficient profit to provide divident even during lean period. Shareholders interest not only in wealth collection but also in csr and image of company.
Payment of fair wages. Best working conditions. Arrangement of proper training and education for workers. Proper recognisation, appreciation and encouragement of special skills. Installation of effective grievances handling.
business so as to increase production. Improve quality. Smoothen the distribution system. Supply goods at reasonable prices.
pollution. Rehabilitation of displaced population. Overall development of locality. Steps to conserve scare resources and develop alternatives.
Paying corporate tax to govt on time. Disclosure of financial statements from time to time.
PERIPHERAL COMPANY:These are slightly better than the indifferent companies and have little bit social responsibilities. EX: Medium size enterprise. SOCIALLY ORIENTED COMPANY:High level of social orientation but have limited resources to assist their objective.
Taken various programs for Rural development. Conclusion:it fulfilled the objective contained in clause3A of its article of association regarding its social responsibility.
WIPRO
DEVELOPED IN 1945 AND STARTED ITS TECH.BUSINESS IN 1980. CHAIRMAN=AZIM H.PREMJI ADOPTED PUSHPAVANAM VILLAGE IN TSUNAMI RAVAGEDBELT OF TAMILNADU . BIT SUNAMI A TRUST. PROVIDE REHABILITATION IN ORRISA DURING CYCLONE IN 1999 AND IN GUJRAT DURING EARTH QUAKE IN 2001.
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