Vol. 3, Issue 3, Part I (2017)
An analytical study on the impacts of companies act – 2013 on the performance of corporate social responsitbility in Karnataka
An analytical study on the impacts of companies act – 2013 on the performance of corporate social responsitbility in Karnataka
Author(s)
Dr. Honnappa S
Abstract
In the beginning of 21st century the importance for Corporate Social Responsibility (CSR) has tremendously increased, encompassing both economic and social aspects. Today various companies are taking CSR activities particularly related to education, health, environmental protection etc. Corporate social responsibility is a form of corporate-self regulation integrated into a business model. Today, CSR in India is not simply dealing with charity and donations and now it is dealt with more organised and professional manner. To regulate the business of the companies in India the central government has brought out the Companies Act – 2013, which has larger implications on the corporate social responsibility activities of the companies. Hence, the present study is placed in this context to analyse the impacts of the Companies Act – 2013 on corporate social responsibility pertaining to Karnataka state. This analytical study is based on the primary and secondary data. The primary data for this study was generated from the four major companies situated in the state of Karnataka through purposive sampling method. As it has been shown in this study that there are numerous implications of the Companies Act – 2013 on the various aspects of CSR.
How to cite this article:
Dr. Honnappa S. An analytical study on the impacts of companies act – 2013 on the performance of corporate social responsitbility in Karnataka. Int J Appl Res 2017;3(3):533-536.