Corporate Social Responsibility (CSR) and Funding for Researches

Abstract

Quite often various corporations use the term Corporate Social Responsibility (CSR) to denote their donations for social reasons. Corporate bodies are commercial companies whose only target is to make profit. There is no wonder that they would maintain the same target in their CSR activities also. It is known to all that they use CSR activities for two major reasons. These are: (01) Exemption of government taxes, where there are such provisions and (02) Sale Promotion through advertisement. Even though it is usually believed that organizations or people availing various facilities due to CSR gets additional gain due to it, what have been discovered in reality are the following (01) the activities due to CSR do not come to any 'real help,' (02) the activities help to create wrong impressions, (03) the activities at times does more harm than benefit for the so called beneficiaries. The above phenomenon in the context of Bangladesh will be the subject of discussion of this article.

Keywords: Corporate, Social, responsibility, Research, University