Assessing the barriers and positive impacts due to good corporate social responsibility implementation: an exploration of policymakers' perceptions of select public and private entities. (7th March 2023)

• Record Type: Journal Article
• Authors: Srivastava, Vimal; Srivastava, Raj Laxmi
• Is Part Of: International journal of business and globalisation. Volume 33:Number 4(2023)
• Page Start: 425
• Page End: 443
• Publication Date: 2023-03-07
• Subjects: corporate social responsibility -- CSR: stakeholder -- perception; International business enterprises -- Periodicals; Business ethics -- Periodicals; International economic integration -- Periodicals; Globalization -- Periodicals; 338.88105
• Languages: English
• ISSNs: 1753-3627

Abstract

The purpose of the present study is to assess the barriers and positive impacts due to good corporate social responsibility (CSR) implementation by selected private and public sector companies of Uttar Pradesh. The findings of the study indicate that most of the policymakers belonging to private and public sector entities disagree to a large extent on the barriers they faced while implementing CSR activities. The policymakers believe to a great extent that good implementation of CSR activities bring a good positive response as it changes the perception of people towards the company's activities. It is recommended that in order to maximise the positive impact of CSR on the social and environmental systems in which they operate. companies must develop coherent CSR strategies. This should be an essential part of the job of every CEO and board.