Review of literature

VISHNU VERMA
COURSE WORK 2020
                          

CORPORATE SOCIAL
RESPONSIBILITY
DISCLOSURE PRACTICES IN
SELECTED STEEL
COMPANIES
 Review of literature
A literature review is a body of text that aims to review the critical points of current knowledge including
substantive findings as well as theoretical and methodological contribution to a particular topic. Literature review
are secondary source, and as such, do not report any new or original experimental work. Also, a literature review
can be interpreted as a review of an abstract accomplishment. Most often associated with academic- oriented
literature, such as a thesis, a literature review usually precedes a research proposal and result section. Its main
goal is to situate the current study within the body of literature review and to provide for the particular reader. A
well-structured literature review is characterised by a logical flow of ideas; current and relevant references with
consistent, appropriate referencing style; proper use of terminology; and a comprehensive view of the previous
research on the topic.
NEED OF REVIEW OF LITERATURE

Review of literature is required because:

• One of the early steps in planning a research work is to review research done previously in the
particular area of interest and relevant area quantitative and qualitative analysis of this research
usually gives the worker an indication of the direction.
• The review of literature indicates the clear picture of the problem to be solved. The scholarship
in the field can be developed by reviewing the literature of the field.
OBJECTIVE OF REVIEW OF
LITERATURE

Bruce W. Tuckman (1978) has enumerated the following purposes of the review:

• Discovering important variable.
• Distinguishing what has been done from what needs to be done.
• synthesising the available studies to have perspective.
• Determining meanings, relevance with the study and its deviation.
S.no Author’s name Year Topic Objective Finding

1 Shah Shreeda , 2019 A Study oncorpora To understand the Inspite of CSR is

Shah Dr.Viral tesocialresponsibili concept of emerging concept
ty(CSR) inIndian S Corporate Social in India, it is in
teel  Responsibility now editable part
Sector   of corporates.
To examine CSR  
spending of Indian Selected
Steel Companies Corporates are
spending more
money on CSR
than the prescribed
amount.
 
2 Mrs. Abilash, tyagi 2019 Impact of CSR on To know the All stated
Prof.Madhu Financial effectiveness of hypothesis were
Performance of CSR as per New accepted in which
Top 10 Companies Act, CSR positively
Performing  2013 by analysing impact on overall
CSR Companies in CSR spending of financial
India select  performance 
companies. of selected
companies i.e.,
CSR impacts
positively
on financial
performance
indicators like
PBT, ROC, ROA 
and ROE but
individually differs
3 basavaraj, Santosh 2019 A Study  on The objective of The outcome is
cooperate social the study to assess that the employees
responsibility from the overall of the company
human resource impression HR know about the
perspective practices, CSR and they
with reference to leadership, participate in the
manufacturing employee function of
sector in bengaluru engagement and organisation
organisational related CSR
culture on CSR practices.
outcome.
4 Sambyal, verma 2019 Examining the The presented The finding is that
ritika outcomes study aim is to they do the CSR
of corporate social analysis the practices for
responsibility CSR direct relationship the purpose to
initiatives of between CSR encourage the
companies in initiatives and customer to
Punjab state. customer value, by purchase their
focusing on all products.
types of customer
and determining
theCorporate Imag
e
5 Saranya 2019 CSR practices in To analyse the The finding are
insurance sector extent of benefits that  LIC have
with availed by specialised  CSR
special reference   beneficiaries of groups which
to LIC various welfare decide the what
in TamilThe schemes activities are are
finding are that introduced by LIC done at what
 LIC have  of CSR amount and the do
specialised  CSR all the CSR
groups which activities which
decide the what are important.
activities are are
done at what
amount and the do
all the CSR
activities which
are important.
nadu
6 Makwana,dipak 2018 A study on The objective of The result
corporate social the study is to indicate positive
responsibility understand the attitude of
perceived by perspectives of all stakeholders of
stakeholders stake holders   Amul Dairy
of Amul dairy of Amul Dairy for regarding the role
and Anand CSR. of CSR in
Gujarat. relevance with
brand image,
quality of life and
local needs of
community.
7 Kumar dev CSR Practices By 2018 To study the This paper is a
Dr. Sanjeeb , praya Indian Companies: prevailing status of collection of
sh dash A Review Of  corporate social research on
Ashutosh Literature  responsibility corporate social 
practices by Indian responsibility with
companies. reference to Indian
  companies. It is 
To review the observed that CSR
existing literature has great
of corporate  importance for an
social entity but it 
responsibility is highly
significant for
Indian companies
as they are the 
backbone of our
economy.
8 Ghanasham S. 2018 Study of To examine Findings suggest
Joshi corporate social compliance under that most of the
responsibility section 135 of the companies report
repotting in India Companies Act the activities as
2013  per the
To examine the requirements 
CSR focus areas.  under section 135
To examine the of the Act.
amount spent on
CSR focus areas
9 Kumar Sushil , Kidwai 2018 CSR disclosures and To study how CSR The results of this study
Anab transparency among helps in improving indicate that the
top Indian companies standard of people in concept of CSR, in
the surrounding areas. general, has come at
  the forefront of
To know how CSR corporate attention in
helps in generating India. This becomes
goodwill for a clear from the fact that
company. over 90
percent of the
companies analysed in
this study show
adequate or above
adequate level of
transparency in various
CSR disclosures.
However, degree of
transparency in CSR
disclosures varies
across five industry
sectors.
10 Sharma Aarti 2016 An analytical study on CSR spending of different The study concludes that 13 out of
CSR expenditure of Industrial Sectors is studied and 25 companies studied have spent 2%
BSE Listed companies grades are assigned to the or more than 2% of PAT of FY 12,
in India. companies based on their 13 and 14. It is seen that although
spending. CSR spend has become mandatory,
all the companies are not fulfilling
the criteria.
11 Passi Surbhi 2016 Corporate Social To analyze industry wise CSR This study provides many facts
Responsibility disclosure practices along with about the CSR reporting practices
Practices in India: their rankings. of NIFTY 50 companies of India.
An Industry Wise   Mostly companies have
Study of To know if there is any reported CSR in Business
Manufacturing and significant difference in CSR Responsibility Report. Only few
Service reporting practices of various companies have separately shown
Sector of Nifty50 industries. CSR. It is expected that this
Companies study will help in contributing
towards providing encouragement
to Indian companies to disclose
more about CSR initiatives. The
study has examined the level of
CSR disclosure in
compliance with CSR index as
given in Schedule VII of the
Companies Act, 2013.
12 Shyam Dr.Reena 2016 An Analysis of To develop an CSR is really
 corporate understanding of about ensuring
social responsibili concept of CSR  that the company
ty in India   can grow on a
To analyse the sustainable basis,
development of while ensuring 
CSR in India and fairness to all
its changing stakeholders, CSR
trends has come a long
  way in India. It
To understand the has successfully
policies governing interwoven 
CSR business with
social inclusion
and environment
sustainability.
13 Vyas kanchan 2016 A comparative To have a Same level of
analysis of comparative study CSR practices
corporate social on CSR of public (Moderate level)
responsibilities in sector and private is adopted in
selected public sector corporate Public Sector
sector banks and entities and find Banks and Private
private sector out the extent of Sector Banks on
banks. diversification & leadership vision
similarities and in and
such practices communitydevelo
pmentdimension
respectively as
well as in overall
CSR practices
adopted by
both ownership
banks.
14 A.Seema and S. 2016 Corporate social To study the Males are more
Sujatha responsibility of various programs aware than
Bokaro Steel  run by CSR Dept. females about the
Plant – an in Bokaro CSR activities of
empirical study and peripheral BSL in Bokaro
from an Indian villages.  Steel 
context   City and
To study the peripheral
effectiveness of villages.
CSR programs in  
Bokaro and There is no
peripheral communication
villages. between the CSR
dept. and the
beneficiaries. 
 
They are not
taking feedback
from the
beneficiaries about
their activities.
15 Sai P.V.S 2016 A comparative To review the It is found that
study of CSR concerned 46% companies
practices in India literature to got zero rating (no
before and after understand the reporting), around
2013 status of CSR in 8% scored 3/5 and
India. 4/5 
  Karma yog rating.
To examine Around 49%
whether any companies out of
improvement is 500 largest Indian
ensured in the companies are
commitment of reporting 
the Corporate  on CSR
towards its social
responsibility
after amending
Company Law in
2013.
16 Minasree 2015 Corporate social To examine the The findings are
Borgohain responsibilities in real effectiveness that they do CSR
Vado Dara region: of CSR in Vado practices in the
a sociological dara region and vadodra region
study CSR practices which
towards society. are important for
the society
towards the
population.
17 Rathi, Suchitra 2014 Study of corporate The purpose of the It is seen that only
social responsibility study was to find half of the
practices in selected out whether the respondent
steel manufacturing selected steel company have
organizationsin manufacturing corporate social
Chhattisgarh. organizations in the responsibility
state of departments and
Chhattisgarh are remaining don’t.
involved In the Those companies
development of which do not have
nearby rural areas corporate social
and the generation responsibility
of employment in departments, those
the area in which activities are taken
they are operating. care by the human
resource manager
and thereby the
reporting of these
activities is given to
them.
18 Ram Pradip 2014 Corporate Social Major areas of It is concluded
Reporting of priority in the that the major
Maharashtra social reporting priority area in the
Companies in among three Maharashtra
India: A content selected Companies in the
analysis Maharashtra Social Reporting
companies are is given to the
found out. Human Resources
  related issues
The extents of followed by
social disclosure community
among three development.
selected
Maharashtra
Companies are
examined.
INTERNATIONAL
REVIEW OF LITERATURE
1 Efe Efosa 2019 Corporate social The main objective The findings which
Ehioghiren responsibility of the study is to revealed a
accounting and determine corporate significant
reporting of social  difference in the
insurance responsibility accounting 
companies in accounting and and reporting of
Nigeria (2007- reporting among social activities
2016) insurance  among the
companies in insurance
Nigeria. companies 
in Nigeria has some
implications. It is
possible that the
variation 
in the companies’
reporting could be
linked to lack of
legal 
prescriptions and
ignorance of the
benefits of social
accounting 
and reporting.
2 Mathew Tomy 2018 Corporate Social To find out, There is no
Responsibility whether there was significant
Practices of public any difference in difference in the
sector and private Corporate spending
sector companies Social on Corporate
in India Responsibility Social
practices of public Responsibility,
sector under both public
and private sector and private sector
companies, with companies. There
regard to was no
amount of difference in the
spending, CSR activities of
committees and private sector and
the CSR public-sector
activities. companies.
3 Arora summi 2017 Corporate Social To analyse the Only four
Reporting in India: contents of social indicators like
A Study of Some reporting in labour
Selected annual  management
Indian Companies reports of selected relations, 
companies. occupational
  health and safety,
To analyse the local community
location of social and 
reporting in training and
annual  development are
reports of selected disclosed by all
companies. the 
companies.
 
Research gap
In the above study there is found that there many
research have been done related to corporate social
responsibilities but there is only one research have been
found which deals with the steel company of
Chhattisgarh. The purpose of the study is to study of
CSR activities of steel company of Chhattisgarh only.
REFERENCE:
Mrs. Abilasha. N, Prof.Madhu Tyagi(2019)Impact of CSR on Financial Performance of Top 10 Performing
CSR Companies in India e-ISSN: 2321-5933, p-ISSN: 2321-5925.Volume 10, Issue 2 Ser. I
• Shreeda Shah,dr.viral shah(2019)"A STUDY ON CORPORATE SOCIAL RESPONSIBILITY (CSR) IN
INDIAN STEEL SECTOR"from researchgate 
• Sambyal ritika .(2019). Examining the outcomes of corporate social responsibility CSR initiatives of
companies in Punjab state.Retrieved from Shodhganga,http://hdl.handle.net/10603/147036.
• Saranya,s .(2019) CSR practices in insurance sector with special refrence  to LIC in tamilnadu..Retrieved
from Shodhganga,http://hdl.handle.net/10603/256088.
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and Anand Gujarat..Retrieved from Shodhganga,http://hdl.handle.net/10603/188882.
• Tomy Mathew (2018) "CORPORATE SOCIAL RESPONSIBILITY PRACTICES OF PUBLIC SECTOR
AND PRIVATE SECTOR COMPANIES IN INDIA"-SMART JOURNAL OF BUSINESS MANAGEMENT
STUDIES
Sharma, Aarti. (2016). An Analytical Study On CSR Expenditure Of BSE Listed Companies In India. International
Journal of Human Resource & Industrial Research, ISSN: 2349 –4816 Vol.3, Issue 5, sep-Oct, 2016, pp 64-78,
ISSN: 2349 –3593 (Online).
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MANAGEMENT RESEARCH ISSN 2229 – 3795Ritika Maurya (2016) "CSR Practices in Steel Authority of
India Limited – 
• Surbhi Passi(2016)"Corporate Social Responsibility Practices in India: An Industry Wise Study of Manufacturing
and Service Sector of Nifty 50 Companies"ISSN - 2250-1991 | IF : 5.215 | IC Value: 77.65
• A Descriptive Study"Ritika Maurya (2016) "CSR Practices in Steel Authority of India Limited –A Descriptive
Study"SMS Journal of Entrepreneurship & Innovation [ ISSN 2349-7920 ]
• Barnali Chaklader,Puja Aggarwal Gulati (2016)"A Study of Corporate Environmental 
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Vyas, Kanchan.(2016).A Comparative Analysis of Corporate Social Responsibilities in Selected
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Thank you… 