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  Published Paper Details:

  Paper Title

CSR Practices and Initiatives of Tata Consultancy Services Limited - A SWOC Analysis

  Authors

  Savitha P. R.,  Ganesh Bhat S

  Keywords

Corporate Social Responsibility, CSR, Legal framework, Spending pattern, SWOC/SWOT Analysis, Compliance

  Abstract


ABSTRACT Purpose: First-ever mandatory regulations on corporate social responsibility in India were enacted by the Companies Act of 2013. All companies who have been covered under Section 135 of the Act are obligated to invest a specified percentage of their earnings towards socially conscious initiatives. The key objective of the present study is to examine the sample company's spending patterns of corporate social responsibility activities through the SWOT analysis framework. Design/Methodology/Approach: The present research is a case study of TCS Limited. The study used secondary data from the annual reports of the sample company, the Companies Act of 2013, and research articles on corporate social responsibility. Findings/Results: There is a higher level of compliance of corporate social responsibility provisions by the sample company. The CSR expenditure of the company on CSR activities show the rising trend during the study period. The company contributes major part of the mandatory amount to be spend on CSR related activities to the TCS Foundation. The company have been undertaking multi-year CSR project and progammes. Promotion of Health, Education and Skill enhancement in the local community are the prominent and prioritized CSR areas of the company. The study also identified good financial performance, duly compliance with CSR-related law, effective human capital, employee participation in CSR activities, and rich history of philanthropic engagement of the company as well as its parent company, and strategic CSR policies are the main factors that strengthen the CSR practices. Practical Implication: The findings of the current research study will facilitate understanding the effort of the sample company to address the social issues through its CSR activities. Originality/Value: This research will contribute to the corporate world in complying with CSR rules, designing the CSR policy of the company, and spending on needed activities on a priority basis. Paper Type: Company Analysis

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2312754

  Paper ID - 248512

  Page Number(s) - g719-g732

  Pubished in - Volume 11 | Issue 12 | December 2023

  DOI (Digital Object Identifier) -    http://doi.one/10.1729/Journal.37314

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Savitha P. R.,  Ganesh Bhat S,   "CSR Practices and Initiatives of Tata Consultancy Services Limited - A SWOC Analysis", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.11, Issue 12, pp.g719-g732, December 2023, Available at :http://www.ijcrt.org/papers/IJCRT2312754.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


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ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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