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Title: Corporate Social Responsibility: A Study of Oil & Gas PSUs of North East
Author: Bidhu
Kanti Das
ISBN: 978-93-82395-63-8
First Edition: 2014
Language: English
Binding: Hard Cover
About the Author:
Dr. Bidhu Kanti Das (Ph.D), MBA, M.Com, PGDIBO, is currently
working as Assistant Professor at Department of Management, Mizoram University,
Aizawl. He has a teaching experience
of more than 8 years and 2½ year in industry. His area of
Research Interest includes Corporate Social Responsibility, International
Business, and Modern Management. He has published 3 Articles in
International/National Journal; and written Six Chapters in Books. He attended approximately 20 national &
international Seminars and presented a paper.
About the Book:
The term corporate social
responsibility (CSR) signifies that since business, on the whole, derive their
existence and continuity from the society and its environment, they must have
some obligations to discharge some social responsibilities for the benefit of
the society and its constituents in general and the environment with in which it
operates in particular. As a result, it is the obligation of Business to
undertake actions that preserve, promote and cause to promote and improve the
welfare of the society, in the one hand, and meet the requirements of the
sustainability of environment from where business draw the sinews of their
operation, on the other along with their own concern for generating surplus for
their economic survival. Thus, a business under corporate social responsibility
has got the responsibility both to organization and society. The study of the
corporate social responsibility of business, here we made an attempt to get
information for understanding how tacitly and intelligently keeping their
economic and technical objective in mind is and has been responding to the betterment
and well being of the society that “restrains individual and corporate behavior
from ultimately destructive activities, no matter how immediately profitable,
and leads in the direction of positive contribution to human betterment”.
The purpose of this book is to analyze
the underlying logic of and empirical evidence from corporate houses for
corporate social responsibility. To do this, it critically examined conceptual
and empirical literature on CSR in general. Additionally, it performed an
empirical study with data from corporate bodies in the field of oil and gas
sector from Tripura and Assam, also view of general people were taken from
these two states to test conceptually driven objectives and to gain insights
into the empirical relation of corporate social responsibility performance.
Today’s heightened interest in
the proper role of business in society has been promoted by increased
sensitivity of the environmental and ethical issues. Issues like environmental
damage, improper treatment of natural resources, political alignment by
organizations, faulty production and marketing system leading to customer
inconvenience or danger, are highlighted in the media. In some countries,
Government regulation regarding extractive industry, environment, social issues
and multinational companies has increased, and standards and laws are also
often set at a supranational level. This leads to investors and investment fund
managers have began to take account of corporation’s CSR policy in making
investment decisions. Some consumers have become increasingly sensitive to the
CSR performance of the companies from which they buy their goods and services.
These trends have contributed to the pressure on companies to operate in an
economically, socially and environmentally sustainable way.
