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Volume : II, Issue : I, February - 2012

CORPORA TE SOCIAL RESPONSIBILITIES IN INDIA : YESTURDA Y AND TODAY

Vinayak. Gopal. Patil

Published By : Laxmi Book Publication

Abstract :

It is the general tendency of any type of business is to earn the pure profit by selling the goods and the service. But now days the earning of profit is not the sole objective of business, it has also to look after towards society development. Urwick says “earning of profits cannot be objective any business any more that the eating is the objective of living” . Mere Money Chasing, Says Henry Ford. Every business has two types of balance Sheets. One is 'Financial Balance sheet' – where thein and out of services and goods are recorded at the end of particular time then net profit is computed for the whole year . While second is Social Balance sheet – which is also termed as Welfare balance sheet.

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Cite This Article :

Vinayak. Gopal. Patil, (2012). CORPORA TE SOCIAL RESPONSIBILITIES IN INDIA : YESTURDA Y AND TODAY . Indian Streams Research Journal, Vol. II, Issue. I, http://oldisrj.lbp.world/UploadedData/707.pdf

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