Study of Corporate Social Responsibility in the Central Public Sector Enterprisesof India (Paper)

  • Kalpeshkumar L Gupta & Rachna Arora
  • February 20, 2014

Abstract :

Corporate Social Responsibility (CSR) has gained considerable interest among academicians and business organizations in the past decade. Corporate social responsibility has become an inevitable priority for business leaders across the globe in recent times. More and more Indian business organizations embrace the practice of CSR under different names such as corporate sustainability, social responsibility, and corporate citizenship. CSR is concerned with treating the internal and external stakeholders of the firm ethically or in a socially responsible manner and the wider aim of corporate social responsibility is to create higher and higher standards of living, while preserving the profitability of the corporation, for its stakeholders (Hopkins 2003).

The aim of this paper is to describe the existing practices of corporate social responsibility in Public Sector Enterprises in India.We have taken 5 Maharatna and 3 Navratna companies as part of our study. This entails descriptive type of research which gives a number of theoretical propositions that can be served as the basis for future research on the related topics.
Key words- Corporate Social Responsibility, Corporate Citizenship, Stakeholder, Public Sector Enterprises