CHARITY begins at home—or, if you are an Indian boss, in the boardroom. Since 2014 firms there by law must spend 2% of profits on corporate social responsibility (CSR), loosely defined as doing good in the community. After some griping, businesses are trying to make the best of their obligation, while keeping politicians happy by funding their pet projects. The idea of compulsory charity had a mixed reception.
Comment on Indian firms make the best of coerced do-goodery
The Economist: Business, The Economist
Thu, 11/16/2017 - 8:58am
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