Corporate Social Responsibility- A Case Study?

Believe in values is key to success of any business. Society is an important part of the business which not only allows the business to use its resources but also enables it to grow by consuming the products manufactured by it. It is, therefore the responsibility of the business to contribute towards the well-being of the society. Healthcare is one such industry which contributes to the health of the people and tries to minimise the negative impacts on the society as well and works on the principles of social responsibility. Keeping the role of Corporate Responsibility in mind the present study has been undertaken. The study highlights the how one of corporate house of the major healthcare industry- Glaxo Smith Kline (GSK) practises the concept of social responsibility and adds to the well-being of the society. The study is based on the secondary data and the data placed by the company on the web or in its bulletins and reports has been taken up for this purpose. However, the study is extremely significant as it gives insight into the application of the concept of social responsibility by our corporates.