IES Management College And Research Centre

CORPORATE SOCIAL RESPONSIBILITY PRACTICES AND INITIATIVES ADOPTED BY THE INDIAN BANKS (Record no. 40919)

MARC details
000 -LEADER
fixed length control field 03141nam a22001697a 4500
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20151216175009.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 151216b xxu||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name TIWARI, SHIVANGEE: DANGWAL, R.C.
9 (RLIN) 20164
245 ## - TITLE STATEMENT
Title CORPORATE SOCIAL RESPONSIBILITY PRACTICES AND INITIATIVES ADOPTED BY THE INDIAN BANKS
Statement of responsibility, etc TIWARI, SHIVANGEE
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc JAIPUR
Name of publisher, distributor, etc RESEARCH DEVELOPMENT ASSOCIATION
Date of publication, distribution, etc SEPTEMBER 2015
300 ## - PHYSICAL DESCRIPTION
Extent 37-54
500 ## - GENERAL NOTE
General note CORPORATE SOCIAL RESPONSIBILITY (CSR) EMERGED AS A CONCEPT DURING THE 1960s IN VIEW OF THE SOCIAL ACCOUNTABILITY OF THE INDUSTRIAL SECTOR WORLDWIDE. TO CONNECT ITSELF WITH THE PRESENT GLOBAL SCENARIO, INDIAN INDUSTRIES HAVE RECENTLY ADOPTED THE CONCEPT OF CSR. IN A DEVELOPING COUNTRY LIKE INDIA, BANKING SECTOR PLAYS A VITAL ROLE IN UPBRINGING THE ECONOMY OF THE COUNTRY NOT ONLY BY LENDING MONEY, ACCEPTING DEPOSITS OR INCREASING THE LIQUIDITY OF MONEY BUT PRACTICING BUSINESS ETHICS AND CULTURE BY ADOPTING AND IMPLEMENTING CSR PRINCIPLES IN THEIR TERRITORIAL BOUNDARIES. CSR IS THE CONTINUING COMMITMENT BY BUSINESS TO BEHAVE ETHICALLY AND CONTRIBUTE TO ECONOMIC DEVELOPMENT AND AT THE SAME TIME ENHANCE THE STANDARD OF LIVING OF THEIR WORKFORCE AS WELL AS SOCIETY AND ENVIRONMENT AT LARGE. THE PRESENT PAPER TRIES TO EMPHASIS ON VARIOUS INITIATIVES TAKEN BY THE BANKING SECTOR WITH RESPECT TO CSR PRACTICES AND ITS REPORTING ALONG WITH SUSTAINABILITY. THE MAIN PURPOSE OF THE STUDY IS TO EXAMINE THE CSR ACTIVITIES CARRIED OUT BY THE INDIAN BANKING INDUSTRY. THE STUDY IS BASED ON THE SECONDARY DATA FROM THE BANKS OFFICIAL WEBSITES FOR THE YEAR 2010-11 TO 2014-15. ON THE BASIS OF CONVENIENCE SAMPLING, 3 PUBLIC SECTOR BANKS, 3 PRIVATE SECTOR BANKS AND 3 FOREIGN SECTOR BANKS WERE SELECTED FOR THE STUDY. FOR THE PURPOSE OF CHECKING THE CSR INITIATIVES TAKEN BY THE BANKS, VARIABLES SELECTED FOR THE STUDY ARE SPONSORSHIP OF EVENTS, DONATIONS, EXPANSION OF BRANCH INRURAL AREAS, PRIORITY SECTOR LENDINGS, ENVIRONMENTAL PROTECTION POLICY, WOMEN EMPOWERMENT, NEW INITIATIVE FOR CSR, FINANCIAL LITERARY, EDUCATIONAL, AGRICULTURAL AND HEALTH POLICY. THE ANALYSIS REVEALS THAT THOUGH THE INDIAN BANKS WERE IMPLEMENTING EFFORTS INTHE CSR AREA BUT THERE IS STILL A LARGE GAP IN THEIR CSR POLICY AND REPORTING PRACTICES THAT REQUIRES MORE REGULATIONS. THE PUBLIC SECTOR BANKS HAVE OVERALL HIGHEST CONTRIBUTION IN CSR PRACTICES AND REPORTING. PRIVATE SECTOR BANKS TRIES TO ENHANCE THEIR REPUTATION BY IMPLEMENTING CSR ACTIVITIES IN THEIR BUSINESS PERFORMANCE AS A RESULT OF LISTING AGREEMENT UNDER CLAUSE 49 BUT FOREIGN BANKS ARE STILL LAGGING IN THIS AREA. THE STUDY ALSO REVEALS THAT AMONG THE REPORTING BANKS, SOME BANKS ARE CONVEYING FALSE DISCLOSURE AND MANIPULATING THEIR EFFORTS FOR SOCIO-ENVIRONMENTAL CONCERNS. MOST OF THE BANKS USE CSR PRACTICES AS A TROPHY IN THEIR MARKETING STRATEGIES AND IMPLEMENT IT IN AN AD-HOC MANNER ANDTHEY ALSO NOT CERTIFIEDTHE ACTUAL VALUE THEY SPEND ON THEIR CSR ACTIVITIES.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element CSR, INDIAN BANKS, CSR REPORTING
9 (RLIN) 20165
773 0# - HOST ITEM ENTRY
Host Biblionumber 29506
Host Itemnumber 55702
Main entry heading
Edition
Place, publisher, and date of publication
Other item identifier 5555125
Title JOURNAL OF ACCOUNTING AND FINANCE
Record control number
International Standard Serial Number
International Standard Book Number
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Journal Article
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Total Checkouts Full call number Barcode Date last seen Price effective from
    Dewey Decimal Classification     Main Library Main Library 16/12/2015   VOL. 29, NO. 2/5555125JA4 5555125JA4 16/12/2015 16/12/2015

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