Need for a Shift From a Philanthropic to a Humanistic Approach to Corporate Social Responsibility

As part of their business practices, the Indian government has made it mandatory for companies who have a turnover of 500 crores and above to spend 2 per cent of their net profits from the immediately preceding three financial years on corporate social responsibility (CSR). This article proposes to examine the issue of whether this enforced philanthropic responsibility of companies is helpful to both society and the organization. With the philanthropic approach it is not necessary for the organization to fulfill its responsibilities toward those who work in and for the organization, its customers and to the ecological system in general. Achieving both organizational growth and social development requires a shift from a philanthropic approach to a humanistic approach on the part of companies and the government, accommodating all its stakeholders

Business · Corporate social responsibility · Government (linguistics · Humanism · Political science · Public relations · Social responsibility · Work (physics · Corporate Social Responsibility Reporting · Engineering · Ethics in Business and Education · Law · Workplace Spirituality and Leadership

• Social Investment in Spain

  Open Access•Francisco J López-Arceiz, Francisco J LÓPEZ‐ARCEIZ et al.•Annals of Public and Cooperative…•2017

  Incluir item

• CSR and environmental responsibility

  Open Access•Kathy Babiak, Sylvia Trendafilova•Corporate Social Responsibility…•2011

  Incluir item

• Cause-Related Marketing

  Open Access•P Rajan Varadarajan, Ajit Menon et al.•Journal of Marketing•1988

  Incluir item

• Putting the S back in corporate social responsibility

  R V Aguilera, Deborah E Rupp et al.•Academy of Management Review•2007

  Incluir item

• Influence of eco-innovation on Indian manufacturing sector sustainable performance

  Satish Pandian Ganapathy, Jawahar Natarajan et al.•International Journal of…•2014

  Incluir item

• Drivers of different types of eco-innovation in European SMEs

  Ángela Triguero, Lourdes Moreno‐Mondéjar et al.•Ecological Economics•2013

  Incluir item

• Global, Local, or Glocal

  Rajul Jain, Maria De Moya•International Journal of…•2013

  Incluir item

• The Bhopal gas tragedy 1984 to? The evasion of corporate responsibility

  Open Access•Barbara Dinham, Satinath Sarangi•Environment and Urbanization•2002

  Incluir item

• CSR for Development Through Sport

  Roger Levermore•Third World Quarterly•2010

  Incluir item

• Engineering, Business & Professional Ethics

  Simon Robinson, R A Dixon et al.•Engineering, Business and…•2007

  Incluir item

• The government of self-regulation

  Open Access•Jean-Pascal Gond, Ningwu Kang et al.•Economy and Society•2011

  Incluir item

• The age of responsibilization

  Open Access•R Shamir•Economy and Society•2008

  Incluir item