Course Details
Subject {L-T-P / C} : HS5263 : Corporate Social Responsibility { 3-0-0 / 3}
Subject Nature : Theory
Coordinator : Prof. Ramakrishna Biswal
Syllabus
Unit-1: Introduction to CSR
Meaning and Definition, History of CSR, Concepts of Charity, Corporate philanthropy, Corporate Citizenship, Sustainability and Stakeholder Management. Environmental aspect of CSR Chronological evolution and Models of CSR in India Carroll's model Major codes on CSR Initiatives in India.
Unit-2: International framework for Corporate Social Responsibility
Millennium Development Goals, Sustainable Development Goals, Relationship between CSR and MDGs. United Nations (UN) Global Compact 2011. UN guiding principles on business and human rights. OECD CSR policy tool, ILO tri-partite declaration of principles on multinational enterprises and social policy.
Unit-3: CSR-Legislation in India and the World
Section 135 of Companies Act 2013.Scope for CSR Activities under Schedule VII, Appointment of Independent Directors on the Board, and Computation of Net Profit’s Implementing Process in India.
Unit-4: The Drivers of CSR in India
Market based pressure and incentives, civil society pressure, the regulatory environment in India Counter trends, Review of current trends and opportunities in CSR, Review of successful corporate initiatives and challenges of CSR. Case Studies of Major CSR Initiatives
Unit-5: Identifying key stakeholders of CSR
Role of Public Sector in Corporate, government programs, Nonprofit and Local Self Governance in implementing CSR, Global Compact Self-Assessment Tool, National Voluntary Guidelines by Govt. of India, Roles and responsibilities of corporate foundations.
Course Objectives
- To make students understand the concept, theories and application of CSR for the Development of the Society.
Course Outcomes
1. Understand the key characteristics of Corporate Social Responsibility (CSR) in the context of present-day management <br />2. Apprise regarding business decision-making which is informed by ethical values and respect for people communities and the environment <br />3. Become aware of creating a strategic plan that enables an organization to reach out to its internal and external stakeholders with consistent messages <br />4. Understand critical issues of Corporate Social Responsibility (CSR) in a cross-cultural setting
Essential Reading
- William B. Werther Jr. and David Chandler, Strategic Corporate Social Responsibility: Stakeholders in a Global Environment, Second Edition, Sage Publications, 2011
- Sanjay K Agarwal, Corporate Social Responsibility in India, Sage Publications, 2008
Supplementary Reading
- Mark S. Schwartz, Corporate Social Responsibility: An Ethical Approach, Broadview Press, 2011
- George Pohle and Jeff Hittner, Attaining Sustainable Growth through Corporate Social Responsibility, IBA Global Business Services, 2008