Socio-economic Development and Value Creation Through Corporate Social Responsibility: A Case Study of Bosch India Foundation
- Title
- Socio-economic Development and Value Creation Through Corporate Social Responsibility: A Case Study of Bosch India Foundation
- Creator
- Thomas P.; Thomas P.K.; Agarwal N.
- Description
- In recent years, it is mandatory for profitable organizations in India to work toward Corporate Social Responsibility (CSR). Many thinkers in the industry have appreciated the move of the Indian Government by mandating profitable businesses to take responsibility for society by sharing certain portions of the profit made by these organizations. This study focuses on various initiatives taken by BOSCH India Foundation (BIF) for socio-economic development and value creation through its CSR activities. The primary data are collected by conducting interviews with the seniorlevel managers working in the CSR department of the Bidadi plant. The data are also collected by visiting the field of action, discussing with various stakeholders and observing their initiatives. The secondary data are collected from published sources and official records of the company. This case study shows that BOSCH India Foundation is focusing on the development of the villages in Bidadi. Their CSR initiatives focus on education, agriculture and livestock development, health and hygiene, environment, women empowerment, youth development and access to potable water. This study analyzes the economic and social impacts it has created in the society. The case provides new insight for researchers and students about the CSR approaches and best practices which can be a model for companies working on CSR projects. 2024 by World Scientific Publishing Co. Pte. Ltd.
- Source
- Emerging Issues and Trends in Indian Business and Management: Volume 2: Business and Society: Issues and Cases in the Indian Context, Vol-2, pp. 301-327.
- Date
- 2024-01-01
- Publisher
- World Scientific Publishing Co.
- Subject
- Corporate social responsibility; Economic development; Social development; Value creation
- Coverage
- Thomas P., CHRIST (Deemed to be University), Bangalore, India; Thomas P.K., CMS Business School, JAIN (Deemed to be University), Bangalore, India; Agarwal N., Design Caf Bangalore, India
- Rights
- Restricted Access
- Relation
- ISBN: 978-981128667-4; 978-981128666-7
- Format
- Online
- Language
- English
- Type
- Book chapter
Collection
Citation
Thomas P.; Thomas P.K.; Agarwal N., “Socio-economic Development and Value Creation Through Corporate Social Responsibility: A Case Study of Bosch India Foundation,” CHRIST (Deemed To Be University) Institutional Repository, accessed February 24, 2025, https://archives.christuniversity.in/items/show/18074.