Research Methodology
Research Methodology
Research Methodology
BY
DECLARATION BY STUDENT
I GAURAV BHAURAM JADHAV, Roll No.15-9665, The student of
M.Com (Accountancy) Semester 3 (2015-16), K.V.PENDHARKAR
COLLEGE, Affiliated to University of Mumbai, hereby declare that
Date :
Roll No : 15-9665
Name : Gaurav B. Jadhav
ACKNOWLEDGEMENT
GAURAV B. JADHAV
TABLE OF CONTENTS
Page No.
1
2
3
4
Chapter 1
Introduction
Objectives of the Study
Research Methodology
Limitations of the Study
Significance of the Study
5
6
7
7
8
Chapter 2
Conceptual Framework
Definition of CSR
Importance of CSR
Limitations and Constraints
Company Profile
CSR Activities: Infosys Technologies Ltd
9
10
12
13
16
Chapter 3
Observations
24
Chapter 4
Findings
Suggestions
Conclusions
Bibliography/Web-Bibliography
25
26
27
28
Chapter : 1
Introduction :
Corporate Social Responsibility (CSR) refers to strategies corporations or
firms conduct their business in a way that is ethical, society friendly and
beneficial to community in terms of development. In Simple words Corporate
social responsibility (CSR) involves companies voluntarily choosing to improve
their social and environmental standards and so reduce their negative impacts on
the environment. Corporate social responsibility (CSR) also called corporate
conscience, corporate citizenship or responsible business is a form of corporate
self-regulation integrated into a business model. CSR aims to embrace
responsibility for corporate actions and to encourage a positive impact on the
environment and stakeholders including consumers, employees, investors,
communities and others.
Infosys Limited has been an early adopter of Corporate Social
Responsibility (CSR) initiatives. Along with sustained economic performance,
environmental and social stewardship is also a key factor for holistic business
growth. Infosys Ltd is a public limited and India's second largest software
exporter company was incorporated in the year 1981 as Infosys Consultants Pvt
Ltd by Mr.N.R.Narayana Murthy at Karnataka. The company was started by
seven people with the investment of USD 250. The company became a public
limited company in the year 1992. Infosys Limited established the Infosys
Foundation in 1996 as a not for profit nodal body aimed at providing a dedicated
approach to community development and also to fulfil our CSR commitments.
Infosys Foundation works towards removing malnutrition, improving healthcare
infrastructure, supporting primary education, rehabilitating abandoned women
and children and preserving Indian art and culture. Infosys Foundation partners
with Non-Government Organizations (NGOs) to make a difference among local
communities. The Companys focus has always been to contribute to the
sustainable development of the society and environment and to make our planet
a better place for future generations.
Research Methodology :
I have conducted the research to achieve my objectives for my academic
purpose. The Research Design helped me to give proper guideline in my
research work and also give recommendations on the basis of the finding of the
research.
The Research has been created with the help of Desk And Web Based
Research. A detailed search was conducted in Business journals, market
research sites, business newspapers, and publications to study their strategy and
identify metrics used by them (if any).
Limitations of Study :
No Primary Data is collected in this research work. The Data is collected
from Books, Newspapers, Magazines, Journals and Internet etc. A search of
secondary data sources should precede any primary research activity. Secondary
data may be sufficient to solve the problem, or at least it helps the reader better
understand the problem under study. Secondary data is cheaper and quicker to
collect than primary data and can be more accurate.
Where possible, multiple data sources should be used so that one source can
be cross-checked for consistency with another. It will almost certainly become
the case, in all parts of the world, that electronic information sources will
eventually supersede traditional printed sources. With the advent of Internet and
CD-ROM, searches of secondary sources are becoming more efficient and more
effective. Computer-based information systems give access to four different
types of database bibliographic, numeric, directories and full-text.
Chapter : 2
Conceptual Framework :
The present-day CSR (also called corporate responsibility, corporate
citizenship, responsible business and corporate social opportunity) is a concept
whereby business organizations consider the interest of society by taking
responsibility for the impact of their activities on customers, suppliers,
employees, shareholders, communities and other stakeholders as well as their
environment. This obligation shows that the organizations have to comply with
legislation and voluntarily take initiatives to improve the well-being of their
employees and their families as well as for the local community and society at
large. CSR simply refers to strategies corporations or firms conduct their
business in a way that is ethical and society friendly. CSR can involve a range of
activities such as working in partnership with local communities, socially
sensitive investment, developing relationships with employees, customers and
their families, and involving in activities for environmental conservation and
sustainability.
Definitions of CSR
Social responsibility refers to the obligations (of businessmen) to pursue those
policies to make those decisions or to follow those lines of action which are
desirable in terms of the objectives and values of our society.
Howard R. Bowen
Social responsibility requires managers to consider whether their action is
likely to promote the public good, to advance the basic beliefs of our society, to
contribute to its stability, strength and harmony.
Peter F. Drucker
Corporate Social responsibility is about how companies manage the business
processes to produce an overall positive impact on society.
9
Mallen Baker
Importance of CSR :
1) Improved organizational image :
Reputation of an organization can be greatly improved either with retail brands
which is of high value and/or organizations under the spotlight or with
organizations that have indirect exposure of retails. Values such as credibility
and quality are foundations of reputation.
2) Environmental Benefits :
The International Institute for Sustainable Development (2012) believes that in
addition to the benefits that CSR offers to the community and general public,
there are also environmental benefits that arise from the adoption and
implementation of CSR. The main CSR environmental benefits are
11
12
Company Profile
Infosys Ltd is a global technology services firm that defines designs and
delivers information technology (IT)-enabled business solutions to their clients.
The company provides end-to-end business solutions that leverage technology
for their clients, including technical consulting, design, development, product
engineering, maintenance, systems integration, package-enabled consulting, and
implementation and infrastructure management services. The company also
provides software products to the banking industry. They have developed
finacle, a universal banking solution to large and medium size banks across
India and overseas. Infosys BPO is a majority owned subsidiary. Through
Infosys BPO, the company provides business process management services,
such as offsite customer relationship management, finance and accounting, and
administration and sales order processing. The company is having marketing and
technical alliance with FileNet, IBM, Intel, Microsoft, Oracle and System
Application Products. Infosys Ltd is a public limited and India's second largest
13
around 200 to 250 books. The cost of each set ranges between Rs. 2,000 and Rs.
3,000. Books on various subjects, including science, history, mathematics,
general knowledge, grammar, literature, geography, vocational training and
fiction have been donated to cater to the interests of students in all age groups.
To simplify the standard of computer education for students in rural areas, a
separate book has been written and is being distributed under the library project.
This book has also been translated into Hindi, Tamil and Telugu. In another
innovative project that facilitates higher learning, the Foundation has set up
libraries in Hubli and Bangalore, that can be accessed by under-privileged
students. These well-equipped libraries have the latest books prescribed in hitech streams like medicine and engineering. All a student has to do is pay a
deposit of Rs 800 for unlimited use of the library through his or her education.
To identify and help students in dire need, the Foundation works with Prerna, an
NGO in Raichur and Bangalore, and Vidya Poshak in Dharwad, to distribute
scholarships to poor students. With the help of these organizations, the
Foundation reaches out to deserving students across Karnataka. The Foundation
has also made donations towards the reconstruction of old school buildings. For
instance, 14 government schools in slum areas of
Hyderabad were
reconstructed. The Foundation has also renovated the Gandhinagar, Kottara St.
Peter's School and Kapikad Zilla Panchayat schools in Mangalore, Karnataka. It
also contributes towards the construction of additional classrooms, school
funds/corpus funds, school furniture, equipment and so on, especially in
backward areas. The Foundation recently purchased an index Braille printer for
the Sharada Devi Adhar Vikas Kendra in Shimoga, Karnataka. The Foundation
donated study material, including science kits, to 20 schools in rural Karnataka.
Donations have also been made towards computer centers in rural areas of
Karnataka. The Foundation works with various organizations in Maharastra,
Tamil Nadu and Orissa, to facilitate the education of slum children in in these
states. The Foundation collaborated with the Center for Environment Education
(CEE), Bangalore, for the orientation of teachers specializing in science and the
environment. The Center developed training material on water. During the
program, it linked the Science and Social Studies curriculum with the
environmental perspective. Around 15 camps were held in various parts of
Karnataka over the last 3 years. Totally, around 1,000 teachers were trained. It
helps the Bangalore Association for Science towards the development and
19
maintenance of the planetarium in Bangalore, including funding of the skytheater program at the planetarium. The Foundation constructed a science center
at a rural school in the Kolar District of Karnataka, a one-of-its-kind center in
the entire district. It caters to the students of the school, as well as schools in the
neighboring villages. It made a contribution to fund new self-employment
courses at post graduation and post matriculation levels at the Nrupathunga
Educational Institute in Hyderabad.
Art And Culture :
Preserving our rich heritage and honoring our artisans are some of the ways
the Infosys Foundation contributes to this space. The Foundation has helped
revive the art of the weavers of Pochampalli village in Andhra Pradesh. It helps
organize cultural programs to promote artists in rural areas of Karnataka and
Andhra Pradesh. It traces and honors artistes from different parts of India.
Today, the scope of the foundation's activities has widened to identifying underprivileged artists from different walks of like, be it writers, painters, poets or
musicians, who don't have access to contacts or help. It assists them on a "need"
basis, offering financial assistance, promoting their art, or helping them receive
much-deserved recognition. It organizes programs like puppet shows and other
cultural events to encourage artistes and performers in rural areas of Karnataka
and Andhra Pradesh, and offers them financial assistance to carry forward their
art. In Karnataka, the Gamaka form of music was fast disappearing. A few years
ago, The Foundation coordinated a project to donate more than 200 sets comprising a Gamaka cassette and record player - to 100 rural schools in
Karnataka, to bring the dying art form back to life. It has sponsored art
exhibitions and performing arts programs in Dharwad and Bangalore in
Karnataka.
20
Medical camp and cleanliness drive: Prayaas has adopted Tanda village to
drive social transformation in the region. Our volunteers engaged residents in a
cleanliness drive to prevent malaria. A free camp for eye and general medical
check-up was organized. Medicines and spectacles prescribed by doctors at the
camp were distributed free of cost. The team collected data on health and
sanitation related issues to address them.
Chennai DC
Educare: Sneham, our local CSR team, manages a dedicated intranet portal to
help employees support education of the children of our housekeeping and
security staff. In 2009, 1,500 members contributed approximately Rs. 14,00,000
to support more than 370 students. Meritorious students were awarded for their
performance. A special award was presented to a girl child with exceptional
recitation skills.
Helping the visually challenged: Infoscions partner with Nethrodaya, an NGO
that works with visually challenged children. Our volunteers regularly conduct
weekend reading sessions. In 2009, we organized a South India inter-state sports
festival with modified versions of cricket, volleyball and chess.
Facilities for rural schools: Volunteers constructed a water tank to supply
drinking water to 1,000 students of the Avanippoor Government Higher
Secondary School. We have been donating notebooks to the Anoor School since
2005. In 2009, we donated a water tank to the school. We also distributed
notebooks to the children of Infosys support staff.
Hyderabad DC
PC donation drive: Mamata, our local CSR team, donated more than 105 PCs
to institutions that undertake non-commercial and public activities. We have
already invited requests for the next list of beneficiaries.
Day of change: Every Wednesday, drop boxes are placed at the campus
entrance and exit points, food courts and parking area to collect coins from
Infoscions for social welfare activities.
Mysore DC
Notebook distribution: Soften, our local CSR team, distributed 57,000 books,
36,000 pencils, and 3,600 erasers as part of the Notebook Distribution Drive
22
Chapter : 3
Observations :
The Observations related with CSR & CSR activities held by Infosys Ltd.
From the overall information collected from the available resources I observed
that CSR is a combined concept which covers social, ecological and economic
issues.
Social involvement of business would enhance a harmonious and healthy
relationship between the society and business seeking mutual benefit for the
both.
As far as the Infosys group is concerned , it has gone a long way in fulfilling its
duty and responsibility towards the society and the nation.
The key areas of Infosys Foundations CSR drive are healthcare, social
rehabilitation and rural upliftment; learning and education; art and culture.
Other initiatives include construction of orphanages, vocational training centers
for women, libraries for rural schools and donation of aid equipment to the
physically challenged.
24
Chapter : 4
Findings :
25
Suggestions :
26
CONCLUSION
From ancient days to this global world CSR is passing through various
dimensions. This concept is having deep roots in India. From old days to this
globalization, Indian cooperators are aware about their social responsibility,
because media culture is based on pure holistic approach and this is the main
reason of success of Indian economy and business world. Also the Infosys are
plays very vital role in corporate social responsibility in current Indian scenario.
The management team at Infosys continues to set examples in the area of corporate
citizenship and has involved itself vigorously in key national bodies. Infosys has
enormously large activate group to done corporate social responsibility in India.
27
Web Bibliography :
www.google.co.in
www.infosys.com
www.wikipedia.com
28