Fair Implementation of Corporate Social Responsibility (CSR) Administration: Role of Government

  • Mugdha Garg and Madhav Goswami
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  • Mugdha Garg

    Student at GLA University, Mathura, India

  • Madhav Goswami

    Student at GLA University, Mathura, India

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Abstract

The Term ‘Corporate Social Responsibility’ (CSR) has been subjected to various interpretations, but academics have been instrumental in achieving the consensus to ascertain its definitive meaning. A concern that arose was to determine the interest of numerous corporate organisations in recognising Corporate Social Responsibility (CSR) as their commitment to work for the betterment of society. Moreover, the Government was obligated to play a pivotal role in establishing uniform norms and practices so that every corporation complies with its duty to fulfil the laws related to Corporate Social Responsibility (CSR). Corporations are required to abide by the norms of society due to their social receptivity. Hence Government is required to foster the implementation of legal compliances related to corporate social responsibility efficaciously so that the goals of social justice can be secured amicably. Businesses to ensure societal growth and development, through munificence, or by having a desire to achieve something beyond profit-making have also played a dominant historical role in promoting and enhancing the vision of Corporate Social Responsibility (CSR). Thus, this article aims to probe the contribution of the government in securing the effective execution of the legal compliances related to Corporate Social Responsibility (CSR).

Type

Research Paper

Information

International Journal of Law Management and Humanities, Volume 7, Issue 5, Page 1668 - 1686

DOI: https://doij.org/10.10000/IJLMH.118399

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This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.

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