Csr in of Pharmaceutical Sectors in Bangladesh

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CORPORATE SOCIAL PRACTICES IN BANGLADESH:
A STUDY ON PHARMACEUTICAL SECTORS IN BANGLADESH.

Report
On
CORPORATE SOCIAL PRACTICES IN BANGLADESH:

A STUDY ON PHARMACEUTICAL SECTORS IN BANGLADESH.

Course Code: BUS-498

Submitted to:Md. Jahirul Islam
Lecturer, ASAUB

Submitted by:Farhana Bhuiyan
ID# 073-12-0020
BBA 3rd Batch, ASAUB

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ASA UNIVERSITY BANGLADESH
December, 2011

Declaration of originality

I hereby declare that this thesis and the work reported herein was composed by and originated entirely from me. Information derived from the published and unpublished work of others has been acknowledged in the text and references are given in the list of sources. With the help of some primary & secondary sources of data collection, I have prepared this report.

(Place and date)
.........................................

(Signature)
………………………….
Letter of Transmittal

December 26, 2011

Md. Jahirul Islam
Lecturer Faculty of Business ASA University Bangladesh

Subject: Submission of Project paper.

Dear Sir,
Here you have asked me to prepare a report on “Corporate Social Practices in Bangladesh: A study On Pharmaceutical Sectors in Bangladesh.” It is my great concession to submit this project paper. I have applied my knowledge & analysis in this paper. I sincerely hope this paper will fulfill all the requirements suggested by you under the guideline.

I hope that my effort is of some concrete worth to you. If you have further query regarding this paper, I am gladly remaining standby whenever you ask for it.

Yours Faithfully

………………
Farhana Bhuiyan
ID# 073-12-0020

Table of Contents
A STUDY ON PHARMACEUTICAL SECTORS IN BANGLADESH.2
Part one: Introduction9
1.1Introduction to the topic10
1.2Purpose of the study10
1.3 Objectives of the study10
1.4 Scope10
1.5 Methodology11
1.65 Potential problem statement12
1.6.1 Emphasis on Business involvement in CSR Activities12 1.7 Limitation of the study13
Part Two: Background Theory14
2.1 What is CSR?15
2.1.1 Theoretical Discussion on CSR Practices16
2.2 Origin18
2.3 Literature Review20
2.4 Reporting Practices Including Reporting of CSR Activities25 2.5 CSR Practices by Bangladeshi Companies26
2.6 Examples of CSR activities of Pharmaceuticals in Bangladesh27 2.7 Why is Reporting Necessary in Relation to CSR Practices28 2.8 Standard of Listed Companies in Bangladesh with Regard to Social Audit30 2.9 Policies32

2.10 Benefits33
2.11 Controversies34
2.12 Challenges35
Part Three : Data Analysis & Findings of the Study36
3.1 Sample Enterprises37
3.1.1 Beximco Pharmaceuticals Ltd:37
3.1.2 Eskayef Bangladesh Ltd:37
3.1.3 Reneta Ltd:38
3.1.4 Opsonin Pharmaceutical Ltd:38
3.1.5 Square Pharmaceutical Ltd Bangladesh:38
3.2 DATA ANALYSIS39
3.3 Areas of Social Responsibility Disclosed55
Part Four: Recommendation & Conclusion58
4.1 Recommendation59
4.2 Conclusion60
References61

List of Figures
Acknowledgements

It is my privilege to submit the thesis report titled “Corporate Social Practices in Bangladesh: A study On Pharmaceutical Sectors in Bangladesh.” I must express my deep gratitude to Md. Jahirul Islam, Lecturer of ASAUB for supervising this work, giving guidance and allowing me immense freedom to complete the work. All the remaining errors are my responsibility.

Executive Summary

Corporate social responsibility (CSR) in the business firms and enterprises has evolved as an indispensable part for greater business and...
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