A STUDY ON EFFECTIVENESS OF CSR ACTIVITIES
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Date
2019-07-23T08:42:08Z
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This report is based on
“Corporate Social Responsibility of Dealmoney Securities Pvt Ltd.” This research has tried to find to out CSR activities in details, various CSR activities, Intensity of various sectors of CSR in CSR Budget and whether any link exists between company performances and CSR activities in context of Dealmoney Securities Pvt Ltd., Bangalore. Mutual Trust Bank Ltd. defines CSR in three dimensions –
1. Education (30%) 2. Health and Nutrition (20%) 3. Others (50%). There is no guideline about CSR in Bangalore, although Bangalore bank has handled a two-page document about CSR to Banks. Dealmoney Securities Pvt Ltd. does not use voluntary guidelines. So, there is no specified procedure for implementation of CSR. Whenever a person or entity is in need of money, normal application for aid is submitted by them and then the application is verified by the personnel responsible for managing CSR.
At the end of this research it was found that the Dealmoney Securities Pvt Ltd has a significant relationship with corporate social responsibilities in order create a better brand and to evade taxes on the company.
There some challenged perceived by Dealmoney Securities Pvt Ltd. of Bangalore such as lack of transparency and immoral behavior of concerned person of CSR, no specified or detailed guideline served by Bangalore Bank authority, in some aspects, CSR is practiced as legalized way to extortion by political parties.
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1NZ17MBA49