A Comparative Study of the Corporate Social Responsibility Reporting by Auto Sector in India

Abstract

In twenty-first century, the role of the corporate sector is changeling recent years Corporate Social Responsibility (CSR) has witnessed an astounding ascendancy and resurgence at the global level. The concept of CSR recognizes an organization's commitment to operate in a socially responsible manner. It takes into consideration the social and environmental implications of corporate financial decisions. Corporate social reporting has been one of the features that has received extensive attention from scholars Now a day's an aim of corporate sector is not restricted to earning profit but also to contribute to the society. Indian business houses are doing it since their inception but its reporting is not done on regular basis. The said study is an attempt to examine the reporting of Corporate Social Responsibility by the Automobile sector of India. The said research paper is an attempt to evaluate the communication of corporate Social Responsibility the three autonomies and comparing their practices with the global practices. The said study is following explorative research design. In India Corporate Sustainability Report is not considered as necessary by the corporate. Not only is this but there lack of consistency in the Corporate Sustainability Report. As India in the verge of adopting convergent International Accounting Standard for reporting of financial statements of cooperates now this study may serve the purpose of transparent reporting of actions of the corporate. This study aims to address this gap by conducting an exploratory study on how top management perceives and reports CSR. Using the technique of content analysis this study looks at the various areas of reporting along with chairman's speech.

Keywords: Corporate Social Responsibility, Corporate Financial decisions, Content Analysis