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Exploring the Impact of Corporate Social Responsibility on Poverty Reduction

In: Responsible Business in a Changing World

Author

Listed:
  • Anand Choudhary

    (Amity University
    Shri Ramswaroop Memorial University (SRMU))

  • Veena Singh

    (Amity University
    Shri Ramswaroop Memorial University (SRMU))

Abstract

The current article is pilot study before conducting a large-scale PhD research on exploring the impact of the CSR initiatives of Tata Steel on poverty reduction and development of income generating opportunities for local communities in the Joda block of Odisha in India. Tata Steel has mining operations based in Joda which is rich in mineral resources. Survey method has been used for data collection and the data has been analysed using the statistical package for social sciences (SPSS). The findings reveal that the CSR initiatives by the Tata Steel Group has a positive impact on facilitating development opportunities for local communities in the Joda block and the model of CSR as adopted by the company has the potential to act as a tool for achieving development goals and poverty reduction.

Suggested Citation

  • Anand Choudhary & Veena Singh, 2020. "Exploring the Impact of Corporate Social Responsibility on Poverty Reduction," CSR, Sustainability, Ethics & Governance, in: Belén Díaz Díaz & Nicholas Capaldi & Samuel O. Idowu & René Schmidpeter (ed.), Responsible Business in a Changing World, pages 329-338, Springer.
    • Handle: RePEc:spr:csrchp:978-3-030-36970-5_18
    DOI: 10.1007/978-3-030-36970-5_18
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    Cited by:

    1. José Ventura & Kety Jauregui, 2023. "Poverty Reduction through Corporate Social Responsibility: Case Study of Peruvian Rural Families," Sustainability, MDPI, vol. 15(2), pages 1-20, January.

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