Corporate social responsibility (CSR) rules and regulation under companies Act, 2013
Author(s): Pooja Rani, M. S. Khan
Abstract: Corporate social responsibility (CSR) is a process by which an organization thinks about and develops its relationship with stakeholders for the common good and indicates its commitment in this regard by adoption of appropriate business processes and strategies. Thus CSR is not all about charity and donations. CSR is a way to conduct business, by which corporate entities visibly contribute to the social welfare. CSR has got popularity and contentious field of study since the 1970s. This research paper CSR is viewed as legislation. The objective of paper is to define the CSR rules and regulation under companies act, 2013. CSR which has largely been voluntary contribution, by corporates has now been included in law. CSR has become mandatory for corporates. The information required for the research paper has been collected from secondary resources.