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Showing posts with label Journals. Show all posts
Showing posts with label Journals. Show all posts

Friday, 12 July 2019

July 12, 2019

GIS-Business Journal

GIS-Business provides a forum for creative and scholarly work on the all related areas of agriculture economics throughout the world. Manuscripts dealing with the economics of food and agriculture, natural resources and the environment, human resources, and rural development issues are especially encouraged.
GIS-Business Journal

GIS Business with ISSN no. 1430-3663 is UGC Approved journal with J. no. 27917. Indexing and archives of GIS Business journal is at Journal Archives and Website of GIS Business is gisbusiness.org
GIS-Business is Indexed in SCOPUS with link to Scopus Indexing Scopus Scopus is one of the best indexing services for journals. GIS is a Internaitonal Peer reviewed and referred journal for publication of research papers.
GIS Busines is multi-disciplinary journal for remote sensing, gis, earth sceinces, geology, geography, business, management, commerce, economics, urban planning, civil engineering, environmental sciences. Journal Webiste is gisbusiness.org
Indexing of Journal is provided by Eduindex at Journal Archives
Submit research papers for publication in this journal to editor@eduindex.org 

The topics related to this journal include but are not limited to:
Land Usage
Soil Ecosystem
Agricultural Policy
Agricultural Environment and Natural Resources
Food and Consumer Economics
Production Economics and Farm Management
Agrarian Law
Agrarian Reform
Agribusiness
Agricultural Value Chain
Farm Crisis
Land Economics

Tuesday, 18 June 2019

June 18, 2019

Restaurant Business (RS) - A Multi-disciplinary Management Studies Journal

Restaurant Business (RS) publishes research papers in all areas of commerce and management studies and devoted to the advancement of knowledge in the research area. The journal provides a forum for publication of high quality research papers and emphasizes openness and flexibility. 

The published research papers focus on understanding of theory and practice of business studies interest to practitioners and scholars across the globe. The journal aims to provide complete coverage on modern business practices and become the complete and reliable source of information on recent developments in business and commerce studies in global arena. 


Restaurant Business (RS) is an academic journal provides an opportunity to share the information among the scientists and researchers.Restaurant Business (RS) includes a wide range of fields in its discipline to create a platform for the authors to make their contribution towards the journal and the editorial office promises a peer review process for the submitted manuscripts for the quality of publishing. The journal includes a wide range of fields in its discipline to create a platform for the authors to make their contribution towards the journal and the editorial office promises a peer review process for the submitted manuscripts for the quality of publishing.The aim of the Restaurant Business (RS) is to provide advance knowledge and the understanding of both theory and practice in accounting, by providing a high quality applied and theoretical research.

Restaurant Business (RS)  with ISSN 0097-8043 is multi-disciplinary journals for management studies, business, economics, ecommerce, finance, trade, banking, insurance, commerce, hospitality, tourism, planning, development studies and allied fields. The journal is open access and available electronically around the world.
Scopus Indexed Journal available at https://www.scopus.com/sourceid/4900152405 . Researchers can find the Restaurant Business (RS) Journal Journal Home Page with Issues and Archives at  https://journals.eduindex.org/index.php/rb/ 
UGC Approved Journal no. 10549 at https://www.ugc.ac.in/journallist/ RS is working for publication and promotion of research through https://www.restaurantbusinessjournal.com/ throughout the world. Scholars are requested to submit papers for publication in Scopus Indexed and UGC Approved journal - Restaurant Business (RS) 
Email to submit Papers for publication is editor@restaurantbusinessjournal.com 

Thursday, 30 May 2019

May 30, 2019

GIS Business with ISSN no. 1430-3663

GIS Business with ISSN no. 1430-3663  is an Open Access journal and aims to publish most complete and reliable source of information on the discoveries and current developments in the mode of original articles, review articles, case reports, short communications, etc. in all areas of the field and making them freely available through online without any restrictions or any other subscriptions to researchers worldwide., a broad-based journal was founded on two key tenets: To publish the most exciting researches with respect to the subjects of Remote Sensing & GIS. Secondly, to provide a rapid turn-around time possible for reviewing and publishing and to disseminate the articles freely for research, teaching and reference purposes.


In today's wired world information is available at the click of the button, courtesy the Internet. GIS Business-Open Access gives a world wide audience larger than that of any subscription-based journal in GIS Business field, no matter how prestigious or popular, and probably increases the visibility and impact of published work. International Journal GIS Business -Open Access gives barrier-free access to the literature for research. It increases convenience, reach, and retrieval power. Free online literature is available for software that facilitates full-text searching, indexing, mining, summarizing, translating, querying, linking, recommending, alerting, "mash-ups" and other forms of processing and analysis. GIS Business-Open Access puts rich and poor on an equal footing for these key resources and eliminates the need for permissions to reproduce and distribute content.

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GIS Business is ardent to Open Access. We strongly believe that removing barriers to research published online will greatly aid to the progress in GIS Business scientific and technical disciplines.

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All published articles will be assigned DOI provided by CrossRef. GIS Business will keep upto date with latest advances in the field and papers published in Journal of GIS Business will reach the readers directly by email for free of cost.

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Distributed widely through the Internet.

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Archived online in the transactions of the GIS Business, which provides the international scientific community with immediate and permanent access to individual papers.

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Remote Sensing & GIS accepts online letters to the editors, brief comments that contributes to the previously published articles or other relevant findings in GIS Business field.

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Open Access is a publication model, that enables the dissemination of research articles to the global community without restriction usually through the internet. Thus, all articles published under Open Access can be accessed by anyone with internet connection. Journal of GIS Business strongly supports the Open Access initiative. Abstracts and full texts (HTML, PDF and XML format) of all articles published by Journal of Remote Sensing & GIS are freely accessible to everyone immediately after publication.

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All works published by GIS Business are under the terms of the Creative Commons Attribution License. This permits anyone to copy, distribute, transmit and adapt the work provided the original work and source is appropriately cited. Journal of Remote Sensing & GIS supports the Bethesda Statement on Open Access Publishing.

Saturday, 16 February 2019

February 16, 2019

CORPORATE SOCIAL RESPONSIBILITY: ISSUE & CHALLENGES



             
               CORPORATE SOCIAL RESPONSIBILITY:  ISSUE & CHALLENGES
                 Renu Jangra
                Assistant Professor in Commerce
                 Govt.  P.G. College for Women, Gohana
                     renujangra4@gmail.com

ABSTRACT
India has a long tradition in the field of Corporate Social Responsibility and industrial welfare has been put to practice since late 1800. The concept of CSR has evolved from being regarded as detrimental to company profitability, to being considered as somehow benefiting the company as a whole, at least in the long run. The 21st century is characterized by unprecedented challenges and opportunities, arising from globalization. Indian business, which is today viewed globally as a responsible component of the ascendancy of India, is poised now to take on a leadership role in the challenges of our times. The objective of study is to know the status of CSR in India and the issues and challenges faced by CSR activities in India. It is recognized all over the world that integrating social, environmental and ethical responsibilities into the governance of businesses ensures their long term success, competitiveness and sustainability. This approach also reaffirms the view that business is an integral part of society, and has a critical and active role to play in the sustenance and improvement of healthy ecosystems.  This also makes business sense as companies with effective CSR, have image of socially responsible companies, achieve sustainable growth in their operations in the long run and their products and services are preferred by the customers.

INTRODUCTION
Business affects all areas of life in society. Corporate social responsibility provides an intelligent way to combine economically viable development, social responsibility.  Corporate Social Responsibility is a concept whereby companies integrate social and environmental concerns into their business operations and in their interaction with their stakeholders (employees, customers, shareholders, investors, local communities, government), on a voluntary basis. Corporate responsibility programs can help businesses entice customers, attract and retain talent, assure investors, reduce operating costs, improve employee morale and enhance a company's reputation. However, business owners should understand the benefits and limitations of corporate responsibility programs in order to choose an initiative that benefits the community and the company. Corporate responsibility programs must be embraced and supported by top management and woven into company culture and operations.
 The importance of CSR emerged significantly in the last decade. Over the time, CSR expanded to involve both social interest & economy.
The social responsibility of business encompasses the economic, legal, ethical, and discretionary expectations that society has of organizations at a given point in time. CSR is a concept that reduces cost & risks increase the brand value &reputation. It brings about clarity in the working environment of the business house.
OBJECTIVES OF THE STUDY:
1.      To study the concept of CSR.
2.      To know about the status of CSR in India.
3.      To assess the models show about the evolution of CSR in India.
4.      To study the issues and  challenges faced by CSR activities in India
5.      To find out suggestions in relation to this aspect.


RESEARCH METHODOLOGY:
   The research paper is an attempt of exploratory research based on the secondary data sourced            from published journals, magazines & articles. Keeping in view the set objectives, this research design adopted to have greater accuracy and in depth analysis of the research study. Available secondary data was extensively used for the study & many websites were also used& recorded for the study.

CSR STATUS IN INDIA
 India has a long rich history of close business involvement in social causes for national development. In India, CSR is known from ancient time as social duty or charity, which through different ages is changing its nature in broader aspect, now generally known as CSR. India has had a long tradition of corporate philanthropy and industrial welfare has been put to practice since late 1800s. Business practices in the 1900s that could be termed socially responsible took different forms: philanthropic donations to charity, service to the community, enhancing employee welfare and promoting religious conduct. Corporations may give funds to charitable or educational institutions and may argue for them as great humanitarian deeds, when in fact they are simply trying to buy community good will. The ideology of CSR in the 1950s was primarily based on an assumption of the obligation of business to society has also been found that to a growing degree companies that pay genuine attention to the principles of socially responsible behavior are also favored by the public and preferred for their goods and services. This has given rise to the concept of CSR.
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The last decade of the twentieth century witnessed a swing away from charity and traditional philanthropy towards more direct engagement of business in mainstream development and concern for disadvantaged groups in the society.
As discussed above, CSR is not a new concept in India. Since their inception, corporate like Tata group, Aditya Birla group, Indian oil corporations have been involved in serving the community. Through donations and charity events many organizations have been serving their part for the society. The basic aim of CSR in these days is to maximize the company’s overall impact on the society and stakeholders. Many companies realize that CSR is not a indirect expense but is important for protecting their goodwill and to maintain their competitiveness Recent studies and surveys have shown that India’s CSR performance of public sector enterprises has ranked some of the best in Asia. For instance, Coal India Ltd. (CIL) targeted to invest US$ 67.5 million in 2010-11 on social and environmental causes. Similarly, NALCO has contributed US$ 3.23 million for development work in Orissa's Koraput district as part of its CSR (Prabhakar and Mishra, 2013). India Inc has established a global platform to showcase the CSR performance of Indian business entities.   
Corporate social responsibility in India is finally a “reality”. Many organizations realize its importance in the field of their business as well as in personal life. There are mainly three pillars of CSR that includes:                                                                                                                       
·         Economic development
·         Social development
·         Ecological development
Many organizations realize that they have to look at all the three aspects not the one. Corporate needs people, raw material and a peaceful and enabled environment to sell procured goods which are available only in a society. Recent surveys have also shown that consumers have preferred to buy the products of those business entities which are more sensitive towards CSR. It is therefore for the best of corporate interest to harmonize personal interest with larger public interest for the greater welfare of society as well as corporate. Furthermore, Section VII of the Companies Bill has considerably widened the ambit of CSR activities which now includes:
 Poverty eradication
 Promotion of education, gender equality and women empowerment
 Reducing child mortality and improving maternal health
 Combating AIDS/HIV, malaria and other diseases
 Ensuring environmental sustainability
 Employment-enhancing vocational skills and social business projects
 Relief and funds for socio-economic development such as for welfare of SC/ST, OBCs, minorities and women.
There is an example which shows that how society influenced with the wrong decisions of organizations. These are following:-
SATYAM:
The Satyam Computer Services scandal was a corporate scandal that occurred in India in 2009 where chairman Ramalinga Raju confessed that the company's accounts had been falsified. The Global corporate community was shocked and scandalized when the chairman of Satyam, Ramalinga Raju  resigned on 7 January 2009 and confessed that he had manipulated the accounts by US$1.47-Billion.
In February 2009, CBI took over the investigation and filed three charge sheets (on April 7, 2009, November 24, 2009 and January 7, 2010), which were later clubbed into one. On 13 April 2009, via a formal public auction process, a 46% stake in Satyam was purchased by Mahindra & Mahindra owned company Tech Mahindra, as part of its diversification strategy.
INDIAN COMPANIES SETTING STANDARDS
Few Companies which are setting standards in CSR and re leading by example are ABN AMRO Bank NV (India),ACC Ltd, Accenture Services Pvt. Ltd, Ashok Leyland, Bajaj Auto Ltd, Bharat Heavy Electricals Ltd, Bharti Airtel Ltd, Dr Reddy's Laboratories Ltd, Ford India Ltd, Grasim Industries Ltd ,HDFC Bank Ltd ,Hindustan Lever Ltd etc.

Models showing CSR evolution:


·         ETHICAL MODEL(1930-1950’s):
  One significant aspect of this model is the promotion of trusteeship that was revived and    reinterpreted by Gandhi ji. Under this notion the businesses were motivated to manage their business entity as a trust held in the interest of the community. The idea prompted many family run businesses to contribute towards socioeconomic development. The efforts of Tata group directed towards the well being of the society are also worth mentioning in this model. Gandhian ethical model could serve as a remedy to harmonize the conflict between economic development, environmental security and social welfare. It is worthwhile to quote what Mahatma Gandhi said in Harijan in 1942, “the rich should ponder well as to what is their duty today….. But understand that your wealth is not yours; it belongs to the people. Take what you require for your legitimate needs, and use the remainder for society.
·         STATIST MODEL(1950-1970’s):
A second model of CSR emerged in India after independence in 1947, when India adopted the socialist and mixed economy framework, with a large public sector and state-owned companies. The boundaries between the state and society were clearly defined for the state enterprises. Elements of corporate responsibility, especially those relating to community and worker relationships, were enshrined in labour laws and management principles.
·         Liberal model(1970-1990’s):
 This approach was encapsulated by the American economist Milton Fried-man, who in                    1958 challenged the very notion of corporate responsibility for anything other than the economic that it is sufficient for business to obey the law and generate wealth, which through taxation and private charitable choices can be directed to social ends.
·         Stakeholder’s model(1980-present):
The model came into existence during 1990s as a consequence of realization that with growing economic profits, businesses also have certain societal roles to full fill. The model expects companies to perform according to “triple bottom line” approach. The businesses are also focusing on accountability and transparency through several mechanisms. This model is enumerated by R. Edward Freeman.

A table below show about the mechanism of CSR model:

Models
focus
contributions
Ethical

Voluntary contribution in public welfare.

Mahatma Gandhi

Statist

State ownership and legal needs determine corporate responsibility.
Jawaharlal  Nehru
Liberal

Corporate responsibility directed to private owners.
Milton Friedman
Stakeholder

 Companies respond to the needs of various stakeholders.
R. Edward freeman

         ISSUES AND CHALLENGES:
Many companies think that corporate social responsibility is a peripheral issue for their business and customer satisfaction more important for them. They imagine that customer satisfaction is now only about price and service, but they fail to point out on important changes that are taking place worldwide that could blow the business out of the water. The change is named as social responsibility which is an opportunity for the business. The practical implementation of CSR is faced with a lot of issues and challenges.

The major issues & challenges faced by CSR are:

Lack of transparency: lack of transparency is one of the key issues brought forth by the survey. There is an expression by the companies that there exists lack of transparency on the part of the local implementing agencies as they do not make adequate efforts to disclose information on their programmes, audit issues, impact assessment and utilization of funds. This reported lack of transparency negatively impacts the process of trust building between companies and local communities, which is a key to the success of any CSR initiative at the local level.

Non-availability of well organized nongovernmental organizations:
 it is also reported that there is non-availability of well-organized nongovernmental organizations in remote and rural areas that can assess and identify real needs of the community and work along with companies to ensure successful implementation of CSR activities. This also builds the case for investing in local communities by way of building their capacities to undertake development projects at local levels.

Narrow perception towards CSR initiatives:
Non-governmental organizations and Government agencies usually possess a narrow outlook towards the CSR initiatives of companies, often defining CSR initiatives more donor-driven than local in approach. As a result, they find it hard to decide whether they should participate in such activities at all in medium and long run.

Non –availability of clear CSR guidelines:
 There are no clear cut statutory guidelines or policy directives to give a definitive direction to CSR initiatives of companies. It is found that the scale of CSR initiatives of companies should depend upon their business size and profile. In other words, the bigger the company, the bigger is its CSR program.

Visibility factor:
The role of media in highlighting good cases of successful CSR initiatives is welcomed as it spreads good stories and sensitizes the local population about various ongoing CSR initiatives of companies. This apparent influence of gaining visibility and branding exercise often leads many nongovernmental organizations to involve themselves in event-based programs.

Lack of consensus in implementing CSR projects:
There is lack of consensus amongst local agencies in implementing CSR projects.  This lack of consensus often results in duplication of activities by corporate houses in areas of their intervention. This results in a competitive spirit between local implementing agencies rather than building collaborative approaches on issues. This factor limits company’s abilities to undertake impact assessment of their initiatives from time to time.

SUGGESTIONS:

1.      Govt. should encourage special plans so that employees and local persons benefitted.
2.      It should be the responsibility of every citizen to uplift the morality of his fellow citizen to boost up and to follow the views of our great leaders who sacrificed their life for the society and nation.
3.      Each and every citizen should be made and feel responsible for the development of his surroundings.
4.      There is a need of creating awareness about CSR among the general public. This awareness generation can be taken up by various stakeholders including the media to highlight the good work done by corporate houses in this area.
5.       The companies involved in CSR activities urgently consider pooling their efforts into building a national alliance for corporate social responsibility. This alliance, representing various industry interests, should take up broad development agenda and provide high value services to the poor and the underprivileged.
6.      To improve the workings of CSR in relation to different aspect involving customers, suppliers, environment, communities and employees.


       
CONCLUSION:
Corporate sustainability is an evolving process not an end. Corporate social                             responsibility is a concept that reduces the costs & risks, increase brand value &reputation, effectiveness & efficiency of employees, improve transparency and clarity in working environment of business house.
If all the companies understand their responsibility towards its various stakeholders it will be beneficial for them and it helps in building the goodwill. In today’s scenario to fulfill social responsibility is the key for success and for attaining competitive advantage. CSR’s main aim is to embrace responsibility for company actions and to encourage a positive impact through its activities on the aspects related to various parties in corporate sector.

                REFERENCES:
1.      Global business & management research, an international journal vol. 2, no.1, www.gbmr.ioksp.com.
2.      CSR: issues & debates / Ray broom hill, paper no.1/ 2007, http://www.dunsten.org.in.
3.      IOSR journal of business and management (IOSR-JBM) e-issn: 2278-487X, p-ISSN: 2319-7668.volume 16, issue5.ver.iii (may.2014), pp 51-56,www.iosrjournals.org.
4.      www.iibf.org.in
5.      www.ibef.org.in
6.      International journal of research in management and technology, vol. 3,issue5(may-2014) ISSN2320-0073,http://www.abhibavjournal.com
7.      International journal of research in finance and marketing,vol.3, issue2, http://www.euroasiapub.org,issn 2231-5985(march-2013)
8.      www.mmbiims.com
9.       21st International Business Research Conference 10 - 11 June, 2013, Ryerson University, Toronto, Canada, ISBN: 978-1-922069-25-2.
9.