scholarly journals CSR and Corporate India: A Study on Public and Private Sector Divide

2021 ◽  
Vol 9 (12) ◽  
pp. 395-402
Author(s):  
Sritam Das
Keyword(s):  
Private Sector ◽  
Business Strategy ◽  
Corporate Citizenship ◽  
Commercial Unit ◽  
Public And Private ◽  
Social Entity ◽  
Public And Private Sector ◽  
Corporate Social ◽  
Social Causes

Abstract: CSR is increasingly a misunderstood and much debated concept worldwide. There is a saying in the business, “Business of the business is to do business and nothing else”. Profit is the only and dominating objective of the business, as profit is needed both for the working and growth of the business. Over the time, there has been a sea change in the objectivity and priority of business. From a commercial unit, the business now has been a social entity with corporate citizenship. CSR is fast becoming an increasing business strategy both nationally and globally. CSR practices of Indian companies got a radical boost with statutory provision in the Companies Act 2013 that make it mandatory to every Indian company and foreign entity with Indian presence to spend 2 per cent of its average net profits of its profit made during the three immediately preceding financial years, in pursuance of its Corporate Social Responsibility Policy. There exists difference in the outlook of companies towards social causes and varying CSR policies and practices. Also Public and private sector divide in CSR practices prevails. There is need for continuous investigation of the changing social and economic needs and the role of corporate houses in meeting the aspirations of the stakeholders and the society at large. Keeping this in view, the present paper entitled “CSR and Corporate India: A Study on Public and Private Sector Divide” is a sincere attempt to make a comparative analysis of CSR practices of public sector and private sector companies with special emphasis on industries of Kalinganagar steel hub of Odisha. Keywords: CSR, FDI, MoUs, Corporate India.

Corporate Social Reporting Practices In India

2018 ◽  
Vol 8 (1) ◽  
Author(s):  
Dr Vipin Bihari Srivastava ◽  
Dr Manoj Kumar Mishra ◽  
Dr Wogari Negari
Keyword(s):  
Public Sector ◽  
Private Sector ◽  
Social Information ◽  
Social Reporting ◽  
Annual Reports ◽  
Public And Private ◽  
Reporting Practices ◽  
Corporate Social Reporting ◽  
Public And Private Sector ◽  
Corporate Social

"This paper aims to examine the extent of corporate social reporting practices in the annual reports of companies in India and to ascertain the differences if any, between public sector and private sector companies and to investigate what were the determinants of corporate social reporting . The study intends to answer the research questions which include: a) what variables could represent a Conceptual Model of Corporate Social Reporting consists of dependent variables and Independent variables? b) What are the factors of Corporate Social Reporting (COSOR) and how valid and reliable are these factors? c) What is the degree of COSOR by factors in public and private sector companies? d) What are the determinants of COSOR? What is the level of their influence on COSOR? A sample of 120 listed companies of National Stock Exchange of India was chosen and they were stratified in to public and private sector companies. A Corporate social reporting Index was constructed for data collection through content analysis from the annual reports. The results of the study revealed that social accounting information were disclosed in company’s annual reports, chairman’s speech, directors’ reports, notes to accounts, schedule to accounts and auditor’s report. The degree of corporate social reporting varies between public sector and private sector companies. The public sector companies have disclosed more corporate social reporting information than the private sector companies. The study found that higher the level of capital employed, earnings before depreciation and taxes, total assets and total sales higher was the level of corporate social reporting. However, the degree of influence of determinants on corporate social reporting was different among public and private sector companies. Most of the companies have disclosed corporate social information on voluntary basis. To improve the understandably, uniformity, and comparability of corporate social information, this study suggests making it mandatory. A standard format for disclosure of corporate social information shall be prescribed by the Ministry of Corporate Affairs by amending the Indian Companies Act. The concept of social accounting is relatively new in India. This study suggests to include it in the commerce curriculum and also in the curriculum of CA/CWA/CS. Corporate Social Reporting is such a vast area of research that no single study can cover different dimensions related to it. Though some studies including the present study have been conducted on Corporate Social Reporting Practices in India, but still there is much potential of research in this area. Future research in this area will hopefully bring more brightening result measuring and analysing social costs and benefits data by manager as well as by other concerned. Since the subject is in the primary stage, an in-depth research is needed to be done in different sectors such as banking information technology, manufacturing etc. The results are specifically applicable to sample companies and generalisations can be made with caution. The results of the study are based on the data collected from published annual reports of sample companies using content analysis method. Corporate social reporting in company websites, brochures etc are not covered. Social cost and benefit analysis is not covered in this study.

scholarly journals Sustainable Empowerment as a Tool to Activate Brownfield

2021 ◽  
pp. 259-266
Author(s):  
Mays K. Hamdan ◽  
Shaimaa Hameed
Keyword(s):  
Urban Planning ◽  
Private Sector ◽  
Urban Development ◽  
Sustainable Urban Development ◽  
Negative Effects ◽  
Brownfield Redevelopment ◽  
Public And Private ◽  
Development Organizations ◽  
Public And Private Sector

The redevelopment of brownfields participate to sustainable urban development, it can make cities more valuable worth for community and more attractive for companies to settle down their projects through investment, and it can help to reduce expenditures for the construction of infrastructures and other services. Recent studies in brownfield redevelopment and investment have shown great interest in urban planning studies because of their negative effects on cities, they promoted sprawl, pollution, social and economic problems. There is a general agreement among researchers and experts that brownfield sites can be reused as green spaces, commerce centers, and residential projects. To promote sustainable urban development the role of the community must be strengthened and enabled to participate in the development process. The partnership between stakeholders such as community development organizations and investors are critical to promoting both communications and build confidence, which are important elements to a sustainable redevelopment program. The paper Highlights the role of community participation including society, public-private sector and local organization in activating brownfield projects through analysis several projects, from this analysis we point out that most of the brownfield project need huge corporation between community and public and private sector in addition to various disciplines such as urban planning, policy management and economic and environment aspect

The Crucial Role of Leadership in Meeting the Challenges of Change

2005 ◽  
Vol 9 (2) ◽  
pp. 27-39 ◽  
Author(s):  
Beverly Alimo-Metcalfe ◽  
John Alban-Metcalfe
Keyword(s):  
Transformational Leadership ◽  
Private Sector ◽  
Crucial Role ◽  
Line Managers ◽  
Public And Private ◽  
Male And Female ◽  
Managing Change ◽  
The Subject ◽  
Public And Private Sector

One of the most important factors, in managing change effectively, is the nature of leadership exercised Much has been written on the subject of leadership, but most of it has emanated from US studies of ‘distant’ leaders (e.g. CEOs). We undertook research into the nature of ‘nearby’ leadership (day-to-day behaviours of line managers), in UK public and private sector organisations, since such behaviours must be embedded in the organisations' culture if effectiveness is to be sustained. This paper describes the findings from our major investigation, involving over 4,000 male and female managers and professionals, which resulted in a new model of leadership of a very different tenor to the dominant US ones. It also describes how we have used the 360-feedback instrument developed from the research—The Transformational Leadership Questionnaire (TLQ)—to support culture change programmes, and the major barriers to the effectiveness of such interventions.

Mandatory CSR expenditure and firm performance

2020 ◽  
Vol 9 (2) ◽  
pp. 235-249 ◽  
Author(s):  
Arunesh Garg ◽  
Pradeep Kumar Gupta
Keyword(s):  
Firm Performance ◽  
Private Sector ◽  
Stakeholder Theory ◽  
Firm Value ◽  
Public And Private ◽  
Instrumental Approach ◽  
Content Type ◽  
Maximum Benefit ◽  
Public And Private Sector ◽  
Corporate Social

PurposeThis study, based on the instrumental approach of the stakeholder theory, examines the firm performance of public and private sector firms in the mandatory corporate social responsibility (CSR) expenditure regime in India. CSR was legislated in India in the year 2014.Design/methodology/approachThe study hypothesizes that firms which fulfill the mandatory CSR expenditure requirement will have a higher firm performance and uses one-way ANOVA and post-hoc test for analysis. Firm performance is examined with respect to firm value and market performance.FindingsThe instrumental approach of the stakeholder theory is not supported in the mandatory CSR expenditure regime in India. The public sector firms that comply with the mandatory CSR expenditure requirement have a lower firm performance. Further, the private sector firms that meet the mandatory CSR expenditure criterion do not have a significantly different firm performance than the private sector firms that do not fulfill this criterion.Practical implicationsThe study indicates as to why some firms fail to meet the CSR expenditure compliance. It also gives suggestions on how regulators and government agencies can solicit the participation of the Indian firms to undertake CSR initiatives. The study further suggests how firms may reap maximum benefit from the CSR expenditure.Originality/valueSince CSR expenditure has been made mandatory only in the year 2014 in India, hardly any study has examined firm performance in the mandatory CSR expenditure regime in India.

scholarly journals THE ROLE OF LEADERSHIP IN HUMAN RESOURCE MANAGEMENT A COMPARATIVE STUDY OF SPECIFIC PUBLIC AND PRIVATE SECTORS IN PAKISTAN.

2009 ◽  
Vol 5 (2) ◽  
Author(s):  
Akbar Ali ◽  
Keyword(s):  
Resource Management ◽  
Public Sector ◽  
Private Sector ◽  
Human Resource Management ◽  
Human Resource ◽  
Fundamental Problem ◽  
Public And Private ◽  
Significant Difference ◽  
Public And Private Sector

The fundamental problem of this study was to examine "The role of leadership in human resource management through comparison of public and private sectors in Pakistan" by evaluating the leadership in ten competencies. The sample was 115 leaders (assesses) which were assessed by 520 respondents (assessors) belonging to Airlines, Hospitals and Banks from both Public and Private Sector. Each of the manager / leader was evaluated by using 360 degree feed back assessment questionnaire. Statistical analyses were conducted using the SPSS statistical package. Outcome of this study pointed that there were statistically significant difference among score of leadership between Private and Public Sector organizations. The conclusion of the study indicated; a) Leadership at Private sector is performing better than Public Sector. b) The leadership score of private sector bank was significantly higher to public sector bank. c) The leadership score of private sector hospital was significantly higher as compared to the public sector hospital. d) The leadership score in public sector airline was significantly higher to the private sector airline. The findings also indicated to call upon Pakistani leaders at public sector hospitals and banks, as well as private sector airline leaders to enhance their competencies.

The Role of Public and Private Sector for Sustainable Tourism and Hospitality Business Development in Ethiopia

2019 ◽  
pp. 201-215
Author(s):  
Yezihalem Sisay Takele
Keyword(s):  
Private Sector ◽  
Addis Ababa ◽  
Sustainable Tourism ◽  
Group Discussion ◽  
Poor Performance ◽  
Simple Random Sampling ◽  
Public And Private ◽  
Tourism And Hospitality ◽  
Public And Private Sector

In order to achieve the objective of the study, both primary and secondary data were generated by employing qualitative (using group discussion, in depth interview, and observation) and quantitative (mainly using survey and visitor survey questionnaires) methods. Purposive and simple random sampling techniques were used to select both private and public tourism sectors and 80 samples, respectively. The quantitative data was analyzed using frequency, percentage, and mean when appropriate while qualitative data was used to triangulate and substantiate the study. The finding result shows the visitor experience on the area of transportation and accommodation is the area where Addis Ababa falls far behind. There are several areas of poor performance (supported by both visitor questionnaires during the preparation of this study). Overall, the analysis identified that the industry (the role of public and private sector for sustainable tourism development in Ethiopia) is underperforming relative to the tremendous potential value to fasten for a tourism industry in the country.

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