Facilitators & Bottlenecks of Corporate Social Responsibility
Published: 2009
Author(s) Name: N.K. Chaudhary
Locked
Subscribed
Available for All
Abstract
various areas in CSR apart from
what is stated in their vision
statements. They are also collaborating
with NGOs, local self-government
bodies or the government to
ensure better reach, better strategy
formulation and inputs from the
government. It is vital for a company
to view and focus CSR as a source
of competitive advantage rather than
a practice of philanthropy. CSR is the
continuing commitment by business
to behave ethically and contribute to
economic development while improving
the quality of life of the workforce
and their families as well as of the
local community and society at large.
Underdeveloped resources for
implementation have created huge
gaps and have increased the cost for
CSR implementation. Besides, there
are also no generally accepted
standards for measuring the success
of the array of community development
programs that are now in place,
according to the author.
Keywords : Corporate collabrations, Bottlenecks
View PDF