Vol. 5 (04) pp. 437-439 DOI: 10.21474/IJAR01/3828

AN OVERVIEW OF CORPORATE SOCIAL RESPONSIBILITY.

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  • Assistant Professor of Law, Government College of Arts, Commerce and Science, Khondala, Marcel Goa.
  • Assistant Quality Assurance, Schiffer & Menezes India Pvt Ltd, Verna, Goa.
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Abstract

The present study is based on section 135 of companies Act 2013. This section explains the concept of Corporate Social Responsibility (CSR). The main highlight of the study is the companies which are coming under the CSR policy and what are penalties which are imposed on the companies which are providing wrong financial statement. The profit maximization is the ultimate goal of the company but this CSR policy imposes duty on the Corporate to work for the benefit of the society. This duty should be done by the Corporate sector not as the burden imposed by law but as a long term investment which will provide them benefit in the future.

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References

  1. Pankaj Dodh, sarbjeet Singh and Ravita (2013), Corporate Social Responsibility and Sustainable Development in India, ISSN 2248-9878 vol. 3, pp. 681-688.
  2. The companies Act 2013.

How to Cite This Article

Saprem Shirvoikar and Satyam Shirvoiker. (2017); AN OVERVIEW OF CORPORATE SOCIAL RESPONSIBILITY., Int. J. of Adv. Res., 5 (04), 437-439, ISSN 2320-5407. DOI: https://doi.org/10.21474/IJAR01/3828

Corresponding Author

Saprem shirvoikar
Assistant Professor of Law, Government College of Arts, Commerce and Science, Khondala, Marcel Goa.
Creative Commons Attribution 4.0 This work is licensed under a Creative Commons Attribution 4.0 International License.