期刊名称：IMPACT : International Journal of Research in Business Management
印刷版ISSN：2347-4572
电子版ISSN：2321-886X
出版年度：2015
期号：4230
页码：21-30
出版社：IMPACT Journals
摘要：With the new companies Act, 2013 specifying the legislative provisions for making CSR mandatory, India becomes the first country to take this move. Though, the concept of corporate social responsibility is much talked about over nearly seven decades, there is lack of clarity in terms of both its definition and implementation. This subjectivity about CSR and absence of legal backing leads to ambiguity which raises a lot of unanswered questions. India by making CSR mandatory attempts to resolve these subjectivities by clarifying how much to spend, who has to spend and where to spend for CSR. This being a pioneering move will be bundled with lot of repercussions. Thus, this paper attempts to throw some light on the problems and prospects of making CSR mandatory in India.
