By Shashank Shah, V.E. Ramamoorthy
In the sunshine of a number of company debacles, monetary crises and environmental mess ups around the globe, the necessity for company ambitions to transition from easily maximising shareholder wealth to optimising stakeholder welfare is being echoed in a number of quarters. This booklet makes a special contribution via company Social accountability (CSR) from a values-based standpoint with a spotlight on providinga stability among company good fortune and social future health. The booklet emphasizes that enterprises have to redefine their reasons to co-create long term, sustainable and win–win ideas for a number of stakeholders via mutually-fulfilling and value-adding collaborative efforts. throughout the excellent of ‘A Soulful Corporation’, the ebook proposes a brand new tale the place organisations, as institutions of people, can determine their ‘collective spirits’ by way of environmentally-aware, socially-inclusive and financially-rewarding missions.
Some of the original beneficial properties of the ebook include:
· an in depth examine of the evolution of CSR from the traditional to modern times
· Insights won via empirical learn and private interviews with over a hundred captains, CEOs, MDs and heads of the CSR functionality throughout businesses and industries
· Case experiences on CSR practices and approaches in prime Indian businesses together with the Tata staff, TVS Motor, HUL, Wipro, L&T, Bharat Petroleum, HDFC financial institution, Birla crew, Reliance Industries and others.
· circumstances on designated social welfare tasks within the components of schooling, healthcare and ingesting water supply
· A ‘Society and native group Welfare Framework’and a ‘12-point time table for Affirmative motion’ that suggest coverage thoughts and supply firms with a roadmap for his or her CSR trip within the gentle of the necessary CSR spending brought through the govt. of India.
The booklet has relevance to a number of stakeholders: scholars, teachers, CSR researchers, policy-makers, captains, enterprise managers and entrepreneurs.
Read Online or Download Soulful Corporations: A Values-Based Perspective on Corporate Social Responsibility PDF
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Additional info for Soulful Corporations: A Values-Based Perspective on Corporate Social Responsibility
Sample text
In addition, the process of liberalisation and deregulation have led to the transfer of many functions and responsibilities from the state to the corporate entities The intensity of competitive forces in a competitive market and the other factors referred to above have helped in creating a sense of corporate responsibility. The authors have rightly identified the following as the important factors that accelerated the transition from Corporate Philanthropy to Corporate Social Responsibility: 1.
Fig. 8 Responses to society and local community-related parameters 10–18 ......................................................................... Fig. 9 Mean and mode analysis for parameters 1–9 .............................. Fig. 10 Mean and mode analysis for parameters 10–18 .......................... Fig. 1 Fig. 2 Fig. 3 Fig. 4 Fig. 5 Fig. 6 Fig. 7 Fig. 8 Fig. 1 Fig. 2 Fig. 3 Fig. 1 Vision, mission and core philosophy of SSSIHL ........................ Expenditure on infrastructure and equipment at SSSIHL (2009–2012) .................................................................................
3 President of India attends the first anniversary celebrations at SSSIHMS, Prasanthigram, on November 22, 1992 ............... 4 Sri Sathya Sai Institute of Higher Medical Sciences, Bangalore ................................................................................... 5 Inauguration of the Sri Sathya Sai Institute of Higher Medical Sciences, Bangalore on January 19, 2001 .................... V. Narasimha Rao (right) and Vijaya Bhaskar Reddy (left), Chief Minister of Andhra Pradesh at the Poornachandra Auditorium, Puttaparthi on November 22, 1994 ........................