The debate over industry’s purpose typically falls on two sides — companies exist to maximize shareholder value or they have an obligation to serve the common good.A pair of British economists, however, say both goals can be achieved — and they point to Bosch Group, which operates the 1,800-employee Robert Bosch LLC automotive parts …
Can firms duplicate Bosch Group’s social-minded yet profit-driven model? Read More »
When Dwayne Baraka stood at the immigration counter at Beirut’s airport last December, he noticed something very different from his previous trips. When he said he was a CSR consultant, the immigration officer asked if he was speaking at one of the conferences, Baraka recalled. “The young fellow, probably in his 20s, voiced really …
A group of staff from Nippon Paint’s “Color, Way of love” charity project and China Daily, a new partner in Nippon Paint’s charity project, visited a Hope Primary School in Dongxiang County, northwest China’s Gansu Province, on March 26. This marked a new chapter for Nippon Paint’s CSR project in 2015. When Nippon Paint China …
Nippon Paint Practices Corporate Social Responsibility in NW China Read More »
Corporations near and far believe that giving back to the community is an important portion of a company’s responsibility as it does business.Aside from achieving KPIs, generating profits and delivering dividends, companies believe it is utmost important to engage with the local community and provide assistance when needed. Presenting one such case study: Cahya Mata …
With completion of a year for enactment of new Companies Act and notification of rules for Corporate Social Responsibility (CSR) spending, a lot of action is expected on the grounds in the current fiscal. In an interview, Dr Bhaskar Chatterjee, director general and CEO of Indian Institute of Corporate Affairs, Ministry of Corporate Affairs, explains …
Creating enabling environment for CSR spending in India Read More »
