Chapter 29: Corporate Social Responsibility in India | 381 |
(5) Establish implementation procedures and management
systems
(6) Benchmark against selected external codes and standards
(7) Set up internal monitoring
(8) Use language that everyone can understand
(9) Set pragmatic and realistic objectives
Corporations exist because they, in a sustainable fashion,
enable people to constructively practice their craft and create jobs,
economic value, and wealth for the society and the enterprise
especially free societies.
THE INDIAN PERSPECTIVE
India has had a strong tradition of philanthropy. Business and cor-
porate philanthropy can be traced to the pre-independence days in
India, when companies funded education and other social welfare ...