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Corporate Social Responsibility: Corporate Governance and Workplace Practices A New Perspective

Author: Anjana Hazarika

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Corporate Social Responsibility (CSR), corporate governance and workplace practices are intimately connected. They are indeed three distinct pillars of any successful business venture. This work strongly argues that without fulfilling the social responsibilities, economic and legal obligations of a business organization simply becomes infructuous. The best course of action for business is to first serve its stakeholders, mainly its employees. Hence, the overarching theme that revolves round the book is that employee engagement and their welfare are the keys to ascertain democratic practices at workplace. And once it is ensured, this would help an enterprise to fulfilling and encompassing four aspects of CSR i.e. economic, legal, ethical and discretionary or philanthropic.

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Corporate Social Responsibility (CSR), corporate governance and workplace practices are intimately connected. They are indeed three distinct pillars of any successful business venture. This work strongly argues that without fulfilling the social responsibilities, economic and legal obligations of a business organization simply becomes infructuous. The best course of action for business is to first serve its stakeholders, mainly its employees. Hence, the overarching theme that revolves round the book is that employee engagement and their welfare are the keys to ascertain democratic practices at workplace. And once it is ensured, this would help an enterprise to fulfilling and encompassing four aspects of CSR i.e. economic, legal, ethical and discretionary or philanthropic.

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