CORPORATE SOCIAL DISCLOSURE: A CASE STUDY OF SAIL (Steel Authority of India Limited)

Shalini Singh, Research Scholar; Sanaya Khanna, Research Scholar

Shalini Singh, Research Scholar Faculty of Commerce, Banaras Hindu University
Sanaya Khanna, Research Scholar Faculty of Commerce, Banaras Hindu University

Keywords: CSR, Corporate Social Disclosures, SAIL & Disclosure Index

Abstract

Corporate Social Responsibility (CSR) is used to envelop both social and environment issues. Business and
society are interdependent on each other. The wellbeing of one depends on the wellbeing of the other
especially in big companies and corporations, it's seen as a vital tool to promote and improve the public
image. CSR may present a win- win situation for society and business. Understanding of the potential
benefits of CSR for the competitiveness of individual companies and for national economies can help
encourage the spread of CSR practice. Presents study deals with the corporate social disclosure practices
adopted by the company especially the SAIL( Steel Authority of India limited). In the present paper an
attempt has been made to identify and analyze the corporate social mandatory and non-mandatory
disclosures made by SAIL and a comparison between the both i.e. mandatory and non-mandatory
disclosures has been made through a disclosure index. Result indicates that there exists a significance
difference between the mandatory and non-mandatory of disclosures made by SAIL. And the company is
making more efforts towards the fulfillment of mandatory requirements rather than the non-mandatory
requirements.