Investigating CSR Practices of LIC of India During Pre- and Post-IRDAI’s Compliance, 2013

Autor:	Furquan Uddin
Rok vydání:	2020
Předmět:	Focus (computing) business.industry 05 social sciences General Medicine Public relations Corporation Compliance (psychology) Life insurance 0502 economics and business Corporate social responsibility 050211 marketing Business Pre and post 050203 business & management
Zdroj:	Asia-Pacific Journal of Management Research and Innovation. 16:272-278
ISSN:	2321-0729 2319-510X
DOI:	10.1177/2319510x211013607
Popis:	In modern times, corporate social responsibility (CSR) has become a focus of attention before organisations. The present study purports the critical evaluation of Life Insurance Corporation (LIC) of India pertaining to the CSR activities during the period under the study. The present study includes secondary data through annual reports of the LIC of India from 2010 to 2018. In order to test the hypotheses of the present study, the paired t-test has been applied. The findings of the study reveal that LIC of India has covered around 60 million lives and settled more than 150,000 claims under the group and social security schemes in the year 2017–2018, which is a milestone in the insurance arena. In the year 2017–2018, more than ₹400,000 million had been invested by LIC of India in the social sector, which is a strong indicator of interest of the organisation towards social responsibility. It is also evidenced through this study that there is no significant difference between pre- and post-IRDAI’s compliance, 2013 pertaining to CSR practices of LIC of India.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::f5a0b8ca6b22f642913f13fc7752d4d2 https://doi.org/10.1177/2319510x211013607 Zobrazit plný text záznamu