http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/5886 2026-05-15T14:20:01Z http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/5983 Social Entrepreneurship as a Path for Corporate Social Responsibility: An Exploration Ramanathan, Preeti E Social entrepreneurship is increasingly viewed as a hybrid path that could enable the closing of the enlarging equity gap in society. Corporates seen to garner an inequitable share of societal resources, have now been nudged through both formal and informal mechanisms, to share a portion of their profits with society at large. One of the paths adopted by both corporates and individual entrepreneurs to alleviate issues arising from poverty and inequity is the path of social entrepreneurship through Corporate Social Responsibility (CSR). The paper explores the ecosystem of social entrepreneurship by looking at the entrepreneurship process through the theoretical framework of entrepreneurship as embedded in the social and economic relationships of the larger community that the enterprise is constituted in (Fletcher 2006). In its sense making as a private act enacted by a single entity, entrepreneurship is not disconnected from its environment, but embodies the socio economic trough it belongs to (Johannisson et al. 2002). Social enterprises with their goals defined by double and triple bottom lines, have common ground with the imposed CSR mandates for corporates to align their profit interests with their stakeholders at large. 2017-02-22T00:00:00Z http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/5982 CSR through Volunteering: A Case Study of Sri Sathya Sai Vidya Vahini U, Pranav; N, Sivakumar UNESCO has envisioned a goal of Education for All. Towards achieving this goal, many corporates have volunteered their effort. This paper studies corporate volunteering in the education sector through the case study of Sri Sathya Sai Vidya Vahini (SSSVV). The paper provides a framework for understanding corporate volunteering and shows the application of the framework in the case of SSSVV. The paper finally presents lessons to be learnt from the Sri SSSVV by corporates to improve their volunteering effort. 2017-02-22T00:00:00Z http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/5981 Corporate Social Responsibility (CSR) and Pharmaceutical Sector in India: Insights from Annual Reports of Selective Pharma Companies Aggarwal, Vikas; Angrish, Anil Kumar Thought or any discussion of Corporate Social Responsibility (CSR) always remains an enigma for businessmen. Some consider it a forced expenditure which brings no value to shareholders even if there is an age old practice of putting money by Indian businesses for social development. The Companies Act, 2013 has made this mandatory for every company having net worth of Rs. 500 crore or more, or turnover of Rs. 1,000 crore or more or a net profit of Rs. 5 crore or more during any financial year to constitute a CSR Committee and to spend, in every financial year, at least two per cent, of the average net profits of the company made during the three immediately preceding financial years, towards CSR activities. Companies with their eye on getting some publicity, try to put money in activities which in the end neither benefit society nor company. However, the case of CSR activities undertaken by pharmaceutical companies is more interesting on account of nature of their business. Majority of pharmaceutical companies are already spending money on CSR activities mentioned in the legislation and are duly reporting the same, in their annual reports. It is difficult to assess whether these activities are bringing any noticeable value for companies given their lack of direction, relatedness & prioritization in these activities. It becomes essential for pharmaceutical companies to consider it as an opportunity to create strategic advantage for society as well as for business in place of considering it as a financial burden on shareholders. However, pharmaceutical companies need to follow a systematic framework to decide which CSR activities should be undertaken, out of the prescribed ones, to create that competitive & strategic advantage. The present study provides insights on CSR activities of pharmaceutical and allied sector companies. The study covers aspects such as activities undertaken by these leading pharmaceutical companies, their CSR spending, thrust areas of CSR expenditure, geography covered for CSR activities, and the extent of compliance with the provisions of the Companies Act, 2013. A suggestive framework is being provided for pharmaceutical companies for CSR spending so that effort remains directed, related to their core competencies and focus on priority areas out of all CSR activities. This framework will not only help not in creating competitive and strategic advantage for company but also for the society as it will consider aspects such as direction of CSR spend, relatedness of existing CSR activities to their business and prioritization of CSR activities. 2017-02-22T00:00:00Z http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/5980 Combining Corporate Social Responsibility (CSR) and Social Entrepreneurship (SE): A Conceptual Framework for Social Value Creation Singh, Archana The multi-stakeholder view of corporate social responsibility (CSR) argues that businesses must create value for all the stakeholders, including society at large, not just for owners/shareholders. Creating shared values for all the stakeholders is essential for corporate sustainability. To achieve this goal, companies have to perform on all the three parameters of triple bottom line (TBL) - planet (environment), people (social) and profit (economic). Profit making is the reason for companies’ existence, they are capable of performing on economic parameter, but need cooperation from others to outperform on other two parameters, i.e. social and environment as well. Since, in the process of social entrepreneurship (SE), using their creativity, innovation and entrepreneurial skills, social entrepreneurs primarily aim at solving social and environmental problems in sustainable manner, and create social value, there is potential to combine CSR and SE for social value creation. Thus, the present paper presents a conceptual framework to combine CSR and SE for meaningful social value creation. It also discusses different opportunities to combine CSR and SE (with some examples) in the process of social value creation that can inspire future initiatives for sustainable development and inclusive growth of the countries. 2017-02-22T00:00:00Z