Corporate Social Responsibility: Issues & Challenges

Abstract

As per the new Companies Act 2013, corporate social responsibility is emerging as a mechanism in socio economic development of the country. Due to the provisions of corporate social responsibility, it is evolving as a new instrument of social development. The practices and initiatives taken by corporate to develop the Indian society is making a vigorous change and it can be seen around us. This paper is an attempt to identify the outcomes, issues and challenges of corporate social responsibility.