Opportunity of CSR in context of public procurement in Bangladesh

Abstract

Corporate Social Responsibilities (CSR) is as important for private as for public sector. The role of public procurement is to provide public services with public money by ensuring the better value for money (VFM). CSR encompasses the public procurement process to achieve this VFM. In this research several attempts were made to decipher the perception of the buyers and supplies of RHD about the issue of CSR in public procurement. To conduct the research questionnaire survey method was used. Around 86 buyers and 31 suppliers are interviewed on approximately identical questions to find out the variance of their perception. It was found that both buyer and suppliers still lack the knowledge of CSR in public procurement Again suppliers are much lagging behind when questions come about the familiarity of different relevant laws concerning good governance and equal opportunity as well as environmental responsibilities suppliers are much lagging behind than the buyers of the organization. This dissertation also focuses on the potential scopes for incorporating CSR in public procurement. The limitation of the study could be the non probabilistic sampling techniques and the time constraints of the research. The research can be further stretched to verify and compare the data of RHD with other similar public organizations.