Home       Top Rated       Submit Article     Advanced Search     FAQ       Contact Us       Lawyers in India       Law Forum     RSS Feeds     

Register your Copyright Online

We offer copyright registration right from your desktop click here for details.

Latest Articles | Articles 2014 | Articles 2013 | Articles 2012 | Articles 2011 | Articles 2010 | Articles 2009 | Articles 2008 | Articles 2007 | Articles 2006 | Articles 2000-05

Search On:Laws in IndiaLawyers Search

Mutual Consent Divorce in Delhi
We provide fast, cost effective and Hassle free solution.
Contact us at Ph no: 9650499965 (Divorce Law Firm Delhi)

E-mail login                       Password

Free Email Sign Up

Main Categories
 Accident Law
 Aviation Law
 Banking and Finance laws
 Case Laws
 Civil Laws
 Company Law
 Constitutional Law
 Consumer laws
 Contracts laws
 Criminal law
 Drug laws
 Dubai laws
 Educational laws
 Employment / Labour laws
 Environmental Law
 family law
 Gay laws and Third Gender
 Human Rights laws
 Immigration laws
 Insurance / Accident Claim
 Intellectual Property
 International Law
 Juvenile Laws
 Law - lawyers & legal Profession
 Legal Aid and Lok Adalat
 Legal outsourcing
 Media laws
 Medico legal
 Real estate laws
 Right To Information
 Tax Laws
 Torts Law
 Woman Issues
 Workplace Equality & Non-Discrimination
 Yet Another Category

More Options
 Most read articles
 Most rated articles

Subscribe now and receive free articles and updates instantly.


Copyright Registration

To Copyright Your Books, Videos, Songs, Scripts etc
Call us at: 9891244487 / or email at: admin@legalserviceindia.com
Top Law Colleges

Law Updates:

# Income-Tax
# Family law
# Company Law
# Constitutional Law
# Partnership firms
# Immigration Law
# Cyber Law
# Lok Adalat, legal Aid & PIL
# Forms
# Trademarks
# Woman issues
# Medico Legal
# Consumer laws
# Criminal laws
# Supreme Court Judgments

Published : March 20, 2017 | Author : ROMA JAIN
Category : Miscellaneous | Total Views : 198 | Unrated

An Enthusiastic Lawyer

Need For Corporate Social Responsibility

Corporate social responsibility focusses on the idea that a business has social obligation above and beyond making a profit. It requires a management to be accountable to the full range of stakeholders. Corporate social responsibility is the continuing commitment by the business to behave ethically and contribute to the economic development of the country while improving the quality of life of the workforce and their families and local community and society at large. CSR is achieving commercial success in the ways that honour ethical values and respect people, communities and the natural environment. CSR is a combination of policies, education and practices which extent throughout a corporation’s operations and into the communities in which they operate. CSR is the commitment of businesses to behave ethically and to contribute to the sustainable economic development by working with all stakeholders to improve their lives in the ways that are good for business and the society at large.

It is a way of integrating the economic, social and environmental imperatives of business activities.

Why There Is A Need For Corporate Social Responsibility?

1. Better Public Image:
Each firm must enhance its public image to secure more customers, better employees and higher profit. Acceptance of social responsibility goals lead to improve public image.

2. Conversion of Resistances Into Resources:
If the innovative ability of business is turned to social problems, many resistances can be transformed into resources and the functional capacity of resources can be increased many times.

3. Long Term Business Interest:
A better society would produce a better environment in which the business may gain long term maximization of profit. A firm which is sensitive to community needs would in its own self interest like to have a better community to conduct its business. To achieve this it would implement social programmes for social welfare.

4. Avoiding Government Intervention:
Regulation and control are costly to business both in terms of money and energy and restrict its flexibility of decision making. Failure of businessmen to assume social responsibilities invites government to intervene and regulate or control their activities. The prudent course for business is to understand the limit of its power and how to use that power carefully and responsibly thereby avoiding government intervention.

Importance of Social Corporate Responsibility

· It aims at consumer protection.
· It aims at protection of local and global environment .
· It ensures respect for human rights.
· It results in avoiding bribery and corruption.
· It promotes adherence to labour standards by companies and their business partners.

Benefits of Corporate Social Responsibility

· Productivity and Quality: Improved working conditions, reduced environmental impacts or increased employee involvement in decision making which leads to – increased productivity and defective rate in a company.

• Improved Financial Performance: Socially responsible business are linked to positive financial performances. Improved financial results are attributed to stable socio political legal environment, enhanced competitive advantage through better corporate reputation and brand image, improved employee recruitment, retention and motivation and a more secure environment to operate in.

• Brand Image And Reputation:
A company considered socially responsible can benefit both from its enhanced reputation with the public as well as its reputation within the business community, increasing the company’s ability to attract trading partners.

• Access To Capital: The growth of socially responsible investing concept means companies with strong CSR performance have increased access to capital that might not otherwise have been available.


1 2 3 4 5
Rate this article!     Poor

Most viewed articles in Miscellaneous category
Indian Partnership Act,1932
Law on Parking Spaces
Shops & Establishment Act of Punjab & Haryana
Role Of Election Commission
Restrictive & Extensive Definitions
Doctrine of Permissible Limits Under Delegated Legislation
Judicial Review in India And USA
Tribal Laws & Customs in India
Conversion and Reservation: Christian Dalits and the obstacles to social mobility
Enabling Statute: Rules of Interpretation
Is Poverty A Cause of Corruption
Whistleblowers and their Protection in India
Indian Legal Metrology System
Land Reforms & Duty Of State
Right to Innocent Passage in Territorial Sea.
Administrative law
Most recent articles in Miscellaneous category
Meaning and Kind of Person
Problems And Issues of Surrogate Mother and Her Child
Benefits and Drawbacks of Being PIO and OCI
Freedom of expression - Democracy
Distinction between Companies Act 1956 and Companies Act 2013
History of Banking institution in India
Role of Proxy Advisory Firms In Corporate Governance
Freedom of Association
Juvenile Delinquency Rehabilitation or Punishment, The Route To Reform
Demonetization-Challenges In Cash Less Economy
Maternity benefit period and creche's provision
is rope an answer for crime?
role of gender in food politics
Delegation of Taxation Power
Novelty under the Designs Act,2000
Major changes brought about by the Trademark Rules,2017

Article Comments

there are no comments...

Post Your Comments


Your comments

Note : Your email address is only visible to admin, other members / users cannot see it.

You can use following FXCodes

BOLD : [b]
Italic : [i]

[b] Legal Services India [/b] is a [i]nice website[/i].
[url= http://www.legalservicesindia.com/article/ ]click here to visit.[/url]

Legal Services India is a nice website.
Click here to visit


Note : Currently, user comments are moderated and will be posted only after approval.

Please login or register a new free account.

Random Pick
Our constitution is a document which demarcates limits of various wings of state is the source of power of these arms. It not only provides for separation of power but also keeps a check on such power through various measures embedded in it...

» Total Articles
» Total Authors
» Total Views
» Total categories

Law Forum

Legal Articles

Lawyers in India- Click on a link below for legal Services

lawyers in Chennai
lawyers in Bangalore
lawyers in Hyderabad
lawyers in Cochin
lawyers in Pondicherry
lawyers in Guwahati
lawyers in Nashik

lawyers in Jaipur
lawyers in New Delhi
lawyers in Dimapur
lawyers in Agra
Noida lawyers
lawyers in Siliguri

For Mutual consent Divorce in Delhi

Ph no: 9650499965
For online Copyright Registration

Ph no: 9891244487
Law Articles

lawyers in Delhi
lawyers in Chandigarh
lawyers in Allahabad
lawyers in Lucknow
lawyers in Jodhpur
Faridabad lawyers

lawyers in Mumbai
lawyers in Pune
lawyers in Nagpur
lawyers in Ahmedabad
lawyers in Surat
Ghaziabad lawyers

lawyers in Kolkata
lawyers in Janjgir
lawyers in Rajkot
lawyers in Indore
lawyers in Ludhiana
Gurgaon lawyers


India's Most Trusted Online law library
Legal Services India is Copyrighted under the Registrar of Copyright Act ( Govt of India) 2000-2017
 ISBN No: 978-81-928510-1-3