A STUDY ON THE HUMAN RESOURCE MANAGEMENT AND CORPORATE SOCIAL RESPONSIBILITY OF COOPERATIVE SPINNING MILLS IN KERALA.

ANIL.P.M; Dr. Philo Francis

Volume : VIII, Issue : IV, April - 2019

A STUDY ON THE HUMAN RESOURCE MANAGEMENT AND CORPORATE SOCIAL RESPONSIBILITY OF COOPERATIVE SPINNING MILLS IN KERALA.

Anil. P. M, Dr. Philo Francis

Abstract :

Mainly there are 8 co–operative spinning mills in Kerala having membership in TEXFED(Kerala State Co–operative Textile Federation Limited), namely (1) The Malabar Co–operative Textiles Limited ,Kuttipuram(MALCOTEX), (2)Malappuram Co–operative Spinning Mill Limited ,Malappuram(MCSM), (3)Priyadharsini Co–operative spinning Mills Limited,kottayam(PRICO), (4)K.Karunakaran Memorial Co–operative Spinning Mills limited, Trichur(KKMCSM), (5) The Cannanore Co–operative Spinning Mills Limited, Kannur (CCSM),(6)Trichur Co–operative Spinning Mill Limited ,Trichur(TCSM),(7)The Quilon Co–operative Spinning Mills Limited ,Quilon(QCSM),(8)The Alleppey Co–operative Spinning Mills limited,,kayamkulam.(ACSM). Poor performance of these mills may be due to the bad Human Resources Management (HRM) practices prevailing in the organization and the lack of Corporate Social Responsibility (CSR) of their managements. The managements of these mills are generally governed by political parties having majority shares in the organization. The present study tries to explore the factors influencing the HRM and CSR of Co–operative Spinning Mills in Kerala .The relevance of this study is understanding whether improvement in the performance of business enterprises in Kerala is possible through the effective utilization of human resources and social responsibility of management.