Corporate Social Responsibility of Bangladeshi Garment Industry to Secure Future Vulnerability on Workers Retired Life
Keywords:
corporate social responsibility (CSR), bangladeshi garment industry, employee benefit after retirement, bangladesh
Abstract
Now a days Bangladeshi Multinational Companies are actively engaged in Corporate Social Responsibility. However most of the activities are confined to earn publicity and positive political image only. External Corporate Social Activities are very popular in the corporate world. An unholy competition is prevailing among the giant Multinational companies to show off their activities. Not much of attention is given to the wellbeing of the workers whose sweat give them profit. This study was conducted to measure the impact of Corporate Social Responsibility on the reduction of workers vulnerability after retirement for Bangladeshi Garment Industries. A total of 98 usable questionnaires gathered from eleven Multinational Companies (MNC) in Bangladesh. Outcomes of correlation analysis shows that statistically significant relationships were found between internal Corporate Social Responsibilities and protected retired life of Garments workers. Findings also suggest that when Multinational Companies takes interest and carry out physical social responsibility than it enhances high productivity, greater teamwork and high organizational commitment.
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Published
2018-07-15
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