An Analytical Study Of Corporate Social Reporting In India

Abstract

newline In the current scenario the need for Corporate Social Reporting is being felt newlinedue the increase in the size of the corporate entities and their increasing newlinedistance from societies. In the recent years the demand for corporate social newlineresponsibility has been increased among governments, Corporate Social newlinereporting implies the scope of reporting internal and external information newlinerelating to the impact of a commercial enterprise and its activity on the newlinecompany. In today scenario, corporate makes some socially desirable goals and newlinereports these to society through their reporting system. This information which newlineis given by the firm to the society is a proof that the firm is a good corporate newlineentity. newlineCorporate social Responsibility (CSR). In an ideal world, CSR Policy would serve newlineas integral, self-regulating instrument whereby a business would display and newlineconfirm its support to law, ethical norms, and global standards. Accordingly, a newlinebusiness would embrace responsibility for the impact of its actions on the newlineatmosphere, consumers, workers, communities, stakeholders, and all other newlinemembers of the public interest by encouraging community. newlineFrom the cited website the total number of companies indulging in Corporate newlineSocial Responsibility and Reporting are 684 +213 +432+93+17 + 2 = 1441 newlinecompanies is the Population which includes Public and Private Sector, out of newlinethese 94% of the CSR expenditure is done by the Private sector and 6% CSR newlineexpenditure is done by the Public Sector. Sample Size: At 95% confidence level newlinewith an alpha of 5%, the number of public sector companies taken is 05 and newlinePrivate companies is taken as 10, and the respondents of: Public Sector = 150 newlineemployees/ beneficiaries Private Sector = 350 employees/ beneficiaries