Q. Who is the founding father of social audit concept?

A
Howard R Bowen
B
Theodore J Kreps
C
Dadabhai Naoroji
D
Sir Osborn Smith
Solution:
  • In 1930s, Professor Theodore Kreps, an academician of Stanford University introduced the term ‘Social Audit’ first in his subject ‘Business and Social Welfare’ to develop the concept of social responsibilities of companies. George Goyder used the term in 1950s.

  • Meghalaya launches India’s first social audit law.

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