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Full Description
Now more than ever, there is a growing importance for companies to ramp up their focus on social responsibility. An effective CSR program can have a positive impact on companies, employees, and consumers. This new volume, Corporate Social Responsibility in the Global Business World: A Conceptual, Regulatory, and Illustrative Framework, covers the parameters of corporate social responsibility around the world, elucidating the concepts, evolution, cultural dimensions, key areas, and disclosure and reporting methods and how CSR is being considered and implemented across the globe. The book also offers a future outlook for CSR.
The book begins with a thorough introduction to CSR, covering its meaning and definition along with the principles of CSR for effective implementation, its inherent benefits, and its challenges. It goes on to cover the status of CSR in emerging economies with the emphasis on emerging trends in corporate governance, reporting, indexing, and certification. The volume considers the evolution of CSR from voluntary to mandatory along with the underlining advantages and disadvantages while also giving comparisons of CSR in developed versus developing nations. The book looks at the regulations and legislation around the world pertaining to CSR, such as universal GRI standards and legislative framework of countries like UK, USA, India, Germany, France, Canada, China, and Indonesia that have been sketched out covering expenditures, disclosure, and reporting obligations.
The authors share case studies of implemented CSR projects, initiatives, and practices, highlighting several societal and environmental issues either through stakeholder relations and collaborations with NGOs or agencies or by adhering to government regulations for CSR compliance.
This book provides a valuable overview of CSR and how effective implementation can lead to a corporation's contribution to worldwide and regional sustainability and the well-being of society and the environment.
Contents
Foreword 1 by Nageshwar Rao Foreword 2 by Kailash Sodani Foreward 3 by CMA Balwinder Singh Foreword 4 by M. L. Vadera 1. Conceptual Framework of Corporate Social Responsibility 2. The Genesis and Evolution of Corporate Social Responsibility 3.Conduct of CSR's Journey from Voluntary to Mandatory 4. Culture of the Nation and CSR: A Directional Paradigm 5. Regulatory Framework of Corporate Social Responsibility across the World 6. CSR in Developed and Developing Nations 7. CSR Disclosure and Reporting Around the World 8. Areas of Corporate Social Responsibility: Within and Beyond the Purview of the Regulations 9. The Future of Corporate Social Responsibility 10. Excerpts of Companies Worldwide Engaged in CSR Activities
