International Journal of Applied Research
Vol. 1, Issue 10, Part B (2015)
Changing scenario of corporate social responsibility (CSR) in an era of globalization
In recent years, Corporate Social Responsibility (CSR) is attracting the attention of all the stake holders across the globe and particularly is the most emerging and debatable subject in India. The paper highlights the changing dimension of CSR for Indian economy and society at length. The paper has attempted to find out the changing pattern of CSR right from the olden days to the days of globalization and has found that CSR has gone a sea change in its area and application. The paper finds that CSR is not only engaged in social work rather has added many new areas like health, education, child welfare, women empowerment, poverty alleviation etc in its armoury. The Company’s Bill 2013 has made the CSR mandatory for all companies. CSR which used to be voluntary contribution by companies has now been included in law & the Companies which are not taking CSR seriously; have to focus on CSR legally. The outcome of this study will give Indian society a new hope of expectation and will help the society in moving forward where the role of corporate will be clearly defined and the corporate will be made accountable and responsible.
How to cite this article:
Pooja Rani, MS Khan. Changing scenario of corporate social responsibility (CSR) in an era of globalization. Int J Appl Res 2015;1(10):111-114.