Corporate Social Reporting in India

Since corporate social reporting is viewed as vital to accommodate the social aspects of a company and not merely the economic aspect companies have started to focus on the importance of including social report in their annual reports. Annual report of a company usually includes the Chairman’s Report Directors’ Report financial statements and Auditors’ report as well as relevant notes to the accounts. Reporting of the social activities of the company should always be in the form of a social report included in the annual report. Hence an attempt has been made how do the Indian companies go about in reporting the social activities item-wise? How do the companies rank in terms of social reporting? For this the top 100 companies based on market capitalization from the list BSE 200 companies has been chosen as the sample. Data required have been sourced from the annual reports of these companies for a period of five years from 2007 - 08 to 2011-2012. The result indicates that Corporate Social Reporting has been gaining momentum in India and many companies willingly come forward to explain their standing on various aspects ranging from environment to employee-specific issues.