Journal of Commerce and Accounting Research

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Lagging behind to Reach Responsibility Allocations: a Review of Receiving End


Affiliations
1 Department of Finance, GITAM Institute of Management, GITAM University, Visakhapatnam., India
2 School of Mangement Studies, GITAM University, Bengaluru Campus, Bengaluru, Karnataka., India
     

   Subscribe/Renew Journal


CSR often takes the form of philanthropy among Indian corporate firms, but this does not necessarily mean that there is little potential for implementing CSR in any corporate business practices in India.

This paper is intended to examine the invisible insights of CSR activities and corporate sector initiatives in India. It was found that most of the corporate entities are not spending their allocated budget amount towards CSR activity. In this paper it was observed that nearly 40 percent of allotted fund is not spent by the corporate giants in India. With an exception to few companies, most of them are lagging behind to reach the budgeted allocations during 2008-2013. Further, respondents' opinion on CSR spending patterns is also elicited.


Keywords

Corporate Social Responsibility, Spending Pattern, Private Sector, And Public Sector
Subscription Login to verify subscription
User
Notifications
Font Size


  • Arevalo, J. A. & Aravind, D. (2011). Corporate social responsibility in India: approach, drivers and barriers. Journal of Corporate Governance, 11(4), 399-414.

  • Bayoud, N. S., Davangh, M. & Slaughter, G. (2012). Corporate social responsibility disclosure and employee commitment: Evidence from Libya. International Journal of Economics and Finance, May, 4(5), 37.

  • Bihari, S. C. & Pradhan, S. (2011). CSR and Performance: The story of banks in India. Journal of Transnational Management, 16(1), 20-35.

  • Bowen, H. (1953), Social responsibility of business man, New York, pages 6, 45.

  • Fredrick, W. C. (1986), Towards CSR3, Why ethical analysis is indispensable & unavoidable in corporate affairs. California Management Review, Winter, 28(2), 126-141.

  • Gray, R., Kouhy, R. & Lavers, S. (1995a). Corporate social and environmental reporting-A review of the literature and longitudinal study of UK disclosure. Accounting, Auditing and Accountability Journal, 8(2), 47-77.

  • Gupta, S. (2011). Consumer stakeholder view of Corporate social responsibility: A comparative analysis from USA and India. Social Responsibility Journal, 7(3), 363-380.

  • Ho, F. N., Wang, H. M. D. & Scott, V. J. (2012). A global analysis of corporate social and performance: The effects of cultural and geographic environments. Journal of Business Ethics, June, 107(4), 423-433.

  • Kumar, S. (2012). Application of chi square to analyses corporate social responsibility: A study of BSE sensex (30) based companies. Journal of IPEM, Jan, 6(1), 1-11.

  • Oana, B. (2010). Tata: Leadership with Trust. London: Richard Ivey School of Business Case Collection.

  • Raynard, P. & Forstater, M. (2002). Corporate social responsibility: Implications for small and medium enterprises in developing countries. United Nations Industrial Development Organization, Vienna, Austria.

  • Sahoo, P. & Nayak, B. P. (2008). Working paper submitted to Institute of Economic Growth, New Delhi.


Abstract Views: 302

PDF Views: 0




  • Lagging behind to Reach Responsibility Allocations: a Review of Receiving End

Abstract Views: 302  |  PDF Views: 0

Authors

G.V. Satya Sekhar
Department of Finance, GITAM Institute of Management, GITAM University, Visakhapatnam., India
Sankar Mukherjee
School of Mangement Studies, GITAM University, Bengaluru Campus, Bengaluru, Karnataka., India

Abstract


CSR often takes the form of philanthropy among Indian corporate firms, but this does not necessarily mean that there is little potential for implementing CSR in any corporate business practices in India.

This paper is intended to examine the invisible insights of CSR activities and corporate sector initiatives in India. It was found that most of the corporate entities are not spending their allocated budget amount towards CSR activity. In this paper it was observed that nearly 40 percent of allotted fund is not spent by the corporate giants in India. With an exception to few companies, most of them are lagging behind to reach the budgeted allocations during 2008-2013. Further, respondents' opinion on CSR spending patterns is also elicited.


Keywords


Corporate Social Responsibility, Spending Pattern, Private Sector, And Public Sector

References