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28th Edition of DTR Oct 2017 – Mar 2018
DIAS Technology Review |Articles

A Study of the Relationship Between Corporate Social Responsibility Initiatives, Their Disclosures, and the Corporate Financial Performance of Select Companies in the Automotive Sector in India.

Dr. Shilki Bhatia
View PDF 28th Edition of DTR Oct 2017 – Mar 2018 10.65301/s2h2i2k2 ↗
Dr. Shilki Bhatia . (2006). A Study of the Relationship Between Corporate Social Responsibility Initiatives, Their Disclosures, and the Corporate Financial Performance of Select Companies in the Automotive Sector in India.. DIAS Technology Review, 14(2), 57-65.
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Abstract

A recent upsurge of illegal and ethical misconduct incidents spanning the globe has intensified public scrutiny of corporate behavior. Corporate Social Responsibility (CSR) is not a mere business buzzword or a fad, rather it is one of the most promising management topics of mounting significance for businesses. Proponents argue that there is a robust business case for CSR, as the corporations benefit in multiple ways by operating with a wider perspective which goes beyond their short-term profits. Some critics argue that CSR sidetracks from the essential economic role of businesses; others opine that it is nothing more than artificial window-dressing; others yet are of the belief that it is an endeavor to pre-empt the role of governments as a watchdog over influential multinational corporations. In the foreign studies studied till date, possibly the maximum studied facet of CSR has been its link to Corporate Financial Performance.

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