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  Published Paper Details:

  Paper Title

An Overview of Implementation of Corporate Social Responsibility Objectives in Indian Corporations

  Authors

  Megha R Nair

  Keywords

Corporate Social Responsibility, Implementation, Sustainability

  Abstract


Corporate Social Responsibility (CSR) has grown in importance in the Indian corporate sector due to a desire to combine financial goals with societal and environmental considerations. This study examines how CSR goals are implemented in Indian businesses, paying particular attention to the ongoing disconnect between intentions and results. There is a big gap between corporate social responsibility (CSR) promises made by firms and their actual impact, even with increased purpose and legislative restrictions. The paper begins with a detailed study of the past development of corporate social responsibility (CSR) in India, looking at the Companies Act's legal framework and implementation obstacles. One of the most critical parts of the research is figuring out and assessing the challenges to efficient CSR implementation, such as a lack of accountability systems, insufficient funding, and general ignorance of the significance of CSR. This study provides a variety of suggestions and fixes for the problems that are found. Several proposals have been put up to put public pressure on firms to uphold their corporate social responsibility (CSR) requirements, including modifications to the Companies Act, training programs for CSR experts, and public awareness campaigns. To maximise the impact of CSR programs, the study also emphasises how important it is for businesses, governments, and non-governmental organisations to collaborate and form partnerships. The need to have a solid monitoring and reporting system that encourages accountability and transparency is one of the research's main conclusions. It is essential to match CSR aims with more general company sustainability objectives to guarantee the long-term viability of CSR initiatives. In short, by highlighting the difficulties in bridging the gap between intention and action, this research advances the study of how CSR is implemented in Indian organisations. The suggested remedies seek to strengthen stakeholder participation, enable Indian firms to carry out their CSR goals more successfully, and ultimately have a good influence on the environment and society. The report emphasises the necessity of a comprehensive and cooperative approach to CSR to close the gap between intention and practice and promote significant reform in corporate social responsibility in India.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2401837

  Paper ID - 250525

  Page Number(s) - h101-h106

  Pubished in - Volume 12 | Issue 1 | January 2024

  DOI (Digital Object Identifier) -   

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

  E-ISSN Number - 2320-2882

  Cite this article

  Megha R Nair,   "An Overview of Implementation of Corporate Social Responsibility Objectives in Indian Corporations", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.12, Issue 1, pp.h101-h106, January 2024, Available at :http://www.ijcrt.org/papers/IJCRT2401837.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


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