Sumitted By,

Sumitted To Md. Awal Hossen

LecturerDepartment of Business

AdministrationLeading University, Sylhet

Mahmudul Karim Newaz

1201010205

Syed Ali Hasan 1201010248

Abdul Motin 1201010219

Abu Ahmed Shahib 1201010247

Sourav Roy 1101010291

Ehsan Ahmed Chowdhury

1201010230 Masum Hussain 1201010202

What Is CSR??

CORPORATE SOCIAL RESPONSIBILITY IS THE CONTINUING COMMITMENT BY BUSINESS TO BEHAVE ETHICALLY AND CONTRIBUTE TO ECONOMIC DEVELOPMENT WHILE IMPROVING THE QUALITY OF LIFE OF THE WORKFORCE AND THEIR FAMILIES AS WELL AS OF THE LOCAL COMMUNITY AND SOCIETY AT LARGE

CORPORATE SOCIAL RESPONSIBILITY MAY ALSO BE REFERRED TO AS "CORPORATE CITIZENSHIP" AND CAN INVOLVE INCURRING SHORT-TERM COSTS THAT DO NOT PROVIDE AN IMMEDIATE FINANCIAL BENEFIT TO THE COMPANY, BUT INSTEAD PROMOTE POSITIVE SOCIAL AND ENVIRONMENTAL CHANGE.

Details About CSR ---

• OPEN AND TRANSPARENT BUSINESS PRACTICES THAT ARE BASED ON ETHICAL VALUES

• NO PHILANTHROPIC ACTIVITY AND A BUSINESS MUST EARN FOR WHAT IT INVESTS.

• THE CONTINUING COMMITMENT OF BUSINESS TO BEHAVE ETHICALLY

• ALSO REFERS TO BUSINESS DECISION MAKING LINKED TO ETHICALVALUES

• THE ROLE OF BUSINESS IN SUSTAINABLE DEVELOPMENT

Internal CSR Refers To Programmes That FocusOn The Core Business And On The Workforce• Human Resources (HR) practices• Health, Safety and Environmental

( HSE)practices

• Codes of Conduct• Fulfilling and Motivating Work

Environment• Employee Development Programmes• Local Content Policies• Assessing and Increasing the

Social and Environmental Impact of a Company

• Environmental Management Systems ( EMS)

• Product Responsibility

External CSR Refers To Programmes That Focus On The Core Business And On The Workforce• Community development programmes• Sponsorships corporate SOCIAL responsibility• Donations• Contributions to civil society organizations ( CCSO)• Educational programmes at various levels• Supply -chain management• Cluster development• Involvement in the development debate

Bangladesh Economy• Capita income of just about $1,300 US/year• Economy is growing rapidly, with a 5-6% annual

growth rate from 1996 to 2008 (BMZ, 2010).• From 1990 Bangladesh commenced a move

towards a free market economy.• A floating exchange rate mechanism was

introduced from 2003.• Bangladesh is a member of the global

economy• Many of the companies carrying out CSR activities

such as BGMEA and BKMEA• Bangladesh enterprise institute (BEI) and the CSR

center bangladesh

CSR In Bangladesh

• CSR concepts and practices in bangladesh• CSR practices in bangladesh in its modern

global terms• CSR entails working with stakeholders• The implications of CSR for business activities• CSR in bangladesh can also contribute a lot

tocommunity development

• Lack of enforcement of industrial laws and regulations• CSR practices and standards are being

gradually implemented in bangladesh

Component of CSR

• 1. THE ECONOMIC COMPONENT

• 2. THE LEGAL COMPONENT

• 3. THE ETHICAL COMPONENT

• 4. THE PHILANTHROPIC OR DISCRETIONARY COMPONENT

1. Better business risk management.2. Improved organizational image.3. Enhanced Talent Management ability4. Improved innovation, competitiveness and market

positioning5. Enhanced operational efficiencies and cost savings.6. Improved management of supply chain relationships.7. Enhanced ability to manage change.8. Building Corporate Social Capital in the community.9. Access to capital.10. Improved relations with regulators.11. Acting as catalyst for responsible consumption.

• Benefits to the Communityand the General Public

• Environmental Benefits

Roles In Companies In Social Process

• Advancement and Qualification• Youth Work in The Region• Improved Reconciliation of Work And

Family Life• Health Care• The Energy Revolution And Shortage of

RawMaterials

• Diversity of Their Workforce• To Prevent Corruption in Business Life

Limitation And Constraints

• Lack of awareness about CSR• The free market perspective as a limitation• Predefined initiatives• Lack of recognition of csr by the topAdministrators

• Lack of commitment from the personnel of an organization

Recommandation :

• Public Disclosure• Performance Management And Governance• Stakeholder Engagement• Corporate CSR Strategy• Research And Information Sharing on CSR• Capacity Building• Worker's Rights Ensured• Awareness Building Programme• Create a CSR Policy

Coclusions

In view of the above it can be concluded that CSR is no longer

exclusively practiced in developed countries; companies in the developing countries like bangladesh are showing interest and commitment to CSR as well. Although most people appreciate the recent advancement of CSR, some argue that corporations are still not doing enough or are only acting in self interest.

Furthermore, stakeholder expectations, critical social issues, norms, and values, and institutional and sociological requirements also change over time.