Why are all the CEOs against law of mandatory CSR?

As long as it is done out of their own initiative the expense does not add up to the total cost of its product or services rendered by them. Once the government makes it mandatory then the first thing they will do is to find ways to pass it on to the end user. Let the government do its work first (helping the poor and the needy instead of filling up their coffers) and then they can think of taxing others. If it becomes mandatory then even that burden comes on the Middle Class who ends up paying more on every product or service they choose.

If u r Willing to Do something Nobody will Stop U

Giving should be natural and silent, which, I believe, every enterpreneur in some form or the other is doing it! What you are seeing is a sheer ego-clash, nothing else! If Buffet, Bill Gates suggest something, why should they fall in line!

Corporate Social Responsibility should not be mandatory on companies. It should be only voluntary because they are not expected to do governmental jobs.

Typically the concept of CSR has touched the Indian CEO lately and most companies are focussed on bottomlines than on activities like CSR.

CSR has a long term objective in giving back to the society in whatever way society may be benefited. This is not true that all CEOs or companies are against CSR, but no institution or individual wants to contribute through any force- full statuary requirement. CSR should be a voluntary clause without any fixed revenue contribution(currently 2 % of profit)and there should be a long term reward on companies contributing highly on their social parameters. Contributions made by the companies on CSR issues should also be exempted on the same parameters as Charitable Institutions. Government should also progressively define areas where such fund can also be used in setting up symbiotic institutions helping the industry and society in long term.

CSR has a long term objective in giving back to the society in whatever way society may be benefited. This is not true that all CEOs or companies are against CSR, but no institution or individual wants to contribute through any force- full statuary requirement. CSR should be a voluntary clause without any fixed revenue contribution(currently 2 % of profit)and there should be a long term reward on companies contributing highly on their social parameters. Contributions made by the companies on CSR issues should also be exempted on the same parameters as Charitable Institutions. Government should also progressively define areas where such fund can also be used in setting up symbiotic institutions helping the industry and society in long term.