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Corporate Social Responsibility in India

Corporate Social Responsibility in India
Author: Nayan Mitra
Publisher: Springer
Total Pages: 238
Release: 2016-09-28
Genre: Business & Economics
ISBN: 3319417819

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This book provides a comprehensive overview of Corporate Social Responsibility (CSR) in Indian corporations following the 2013 legal mandate on corporate spending of profits for CSR. Bringing together authors hailing from diverse walks of life, the book pursues a 'hands-on' approach, with real-world case studies and examples that help the reader feel the dynamic pulse of India immediately after the ratification of the CSR mandate in the Companies Act, 2013. The Act is expected to affect over 16,300 companies with an estimated flow of approximately 200 billion Indian rupees into the economy every year, thus shaking the foundations of business and society and impacting the country at multiple stakeholder levels. As a result, India is likely to become the birthplace of social, economic, and environmental transformation through financial investments in CSR! In order to insightfully reflect on this transition, this book has been divided into three parts. The first part presents the CSR mandate and its implications, while the second focuses on its implementation and the third part provides a view on the way forward. The book helps to reveal the various layers of CSR in an emerging economy like India and is expected to spark debate, discussion and research among policy-makers, consultants, academics, practitioners and other stakeholders the world over, which will further expand its contribution to CSR literature and open up new vistas in CSR research. "This is indeed a first of its kind book and marks a watershed in the journey of CSR. It is an extremely important contribution to the body of knowledge in the area of CSR and Corporate Governance in emerging economies that is driven by a completely different set of challenges, opportunities and requirements from that of developed economies." Dr. Bhaskar Chatterjee, Director General & CEO, Indian Institute of Corporate Affairs


Corporate Social Responsibility in India

Corporate Social Responsibility in India
Author: Nirbhay Lumde
Publisher: Notion Press
Total Pages: 120
Release: 2018-10-10
Genre: Business & Economics
ISBN: 164429544X

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In India CSR as a mandatory obligation is around five years and the subject area is evolving. The last five years have been a roller coaster ride for many CSR professionals and the journey will continue to be intriguing with an ever-changing landscape. It may take a few more years before we could have seamless processes and systems in place. A good number of development organisations are trying out various ways and means of creating impact with access and availability of CSR grants. It has also seen the emergence of CSR agencies, social enterprises and platforms that will boost and recognise NGO efforts and corporate reputation. These are interesting times indeed! With the emergence of CSR as an important subject in the academia, government and media echelons it is critical that development practitioners and CSR professionals have a philosophical background of the topic. It is also important to understand definitions of various social, economic and political jargons, related institutions and world systems. The book restates and simplifies these from a CSR practitioner’s point of view and captures CSR professional’s journey of understanding the subject area over the years. It also provides few practical approaches to make their role relevant, contextual and prepare for the future. The book also fills the gap of non-availability from a practitioner’s point of view of the CSR subject.


Mandated Corporate Social Responsibility

Mandated Corporate Social Responsibility
Author: Nayan Mitra
Publisher: Springer Nature
Total Pages: 254
Release: 2019-08-28
Genre: Business & Economics
ISBN: 303024444X

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This book examines the Indian mandate for Corporate Social Responsibility (CSR) and its implementations in various individual organizations. Although the mandate is applicable only to certain large and stable companies, many believe that India is poised to become the birthplace of social, economic and environmental transformation, given the immense size of the Indian population and its challenging socio-economic index. The book explores the various facets of CSR investigation and places special emphasis on the Schedule VII of the Indian Companies Act of 2013, which defines specific areas of intervention for these companies. In addition, it provides a wealth of first-hand case studies that exemplify the ongoing developments and the fundamental challenges and opportunities of mandated CSR.


Implementing Corporate Social Responsibility

Implementing Corporate Social Responsibility
Author: Subhasis Ray
Publisher: Springer Science & Business Media
Total Pages: 210
Release: 2014-03-19
Genre: Business & Economics
ISBN: 8132216539

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This book is a compilation of Corporate Social Responsibility (CSR) theory and practices, with special reference to the Indian context. Over the last few decades, which have seen the onset of globalization, emergence of the industrial sector and an increased focus on community development, much attention has been focused on the role of corporations towards developing those societies where their operations are based. The introduction and evolution of CSR theories and practice in the developed countries has given CSR theorists and practitioners the guidance to appropriately place and implement CSR initiatives to help develop their role in the developed societies. However, while ample literature exists on such CSR practices, little has been done to aid the development of CSR in developing countries. Characterized by peculiar economic, political and social settings, the developing world needed its own blueprint for how CSR works and how it could best succeed. The need for doing is especially pertinent to a country like India, which is presently at a very crucial threshold, economically, politically and socially. Given the need to contextualize CSR theory and practice to the developing context, several CSR theories and practices have been explored in this book, which will provide readers with a thorough understanding of CSR and its successful implementation.


Corporate Social Responsibility

Corporate Social Responsibility
Author: C. V. Baxi
Publisher: Excel Books India
Total Pages: 564
Release: 2005
Genre: Business & Economics
ISBN: 9788174464491

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In the contemporary debate on the modern corporation and its impact on the economy, society and nation, the focus has shifted from growth with only profitability to growth with sustainable development, which includes the stakeholders. While there is considerable debate on the corporations' obligations to civil society in the Western world, in the developing countries the debate is sporadic; the present publication is an effort to initiate a nationwide discourse on the concepts and practices of corporate social action in India.The book is divided in two sections; section one contains papers, which analyze the conceptual framework of Corporate Social Responsibility. The unique feature of this book is the case studies on different aspects of CSR presented in section Two. The cases focus on such segments as education, healthcare and environment, among others. It is for the first time that under the aegis of UNDP-CII-AICTE-MDI the business schools in the country participated in preparing cases from various industries focusing on the process and decision making content implicit in the introduction, implementation, and evaluation of various facets of Corporate Social Responsibility. The cases are illustrative and they will help in identifying further areas of research. The teaching notes have been developed by the individual authors, and will be available on request.


Corporate Social Responsibility

Corporate Social Responsibility
Author: Baxi C.V. & Ray, Rupamanjari Sinha
Publisher: Vikas Publishing House
Total Pages: 281
Release: 2012
Genre: Social responsibility of business
ISBN: 9325957647

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Corporate Social Responsibility: A Study of CSR Practices in Indian Industry takes a close look at the CSR scenario in India. While throwing light on the various issues faced by companies and their stakeholders during the implementation of CSR, it also offers strategies and recommendations for improved synergy among the stakeholders and a more effective CSR. The book is based on the authors’ primary research study and is illustrated with various company examples and primary surveys on how CSR implementation varies from organization to organization, including family-based firms, public sector enterprises, multinational corporations and professional enterprises. Sectoral differences in CSR implementation have also been covered, as well as the important issue of CSR reporting practices. With CSR and sustainability as emerging domains, the book will prove to be invaluable for researchers, academicians, students, practitioners and public policy makers.


Globalisation of Corporate Social Responsibility and its Impact on Corporate Governance

Globalisation of Corporate Social Responsibility and its Impact on Corporate Governance
Author: Jean J. du Plessis
Publisher: Springer
Total Pages: 253
Release: 2018-02-01
Genre: Law
ISBN: 3319691287

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This book addresses the increasing overlap between Corporate Social Responsibility (CSR) and law with a particular focus on company law and corporate governance. What is the impact of CSR on company law and corporate governance and, vice versa? How do these systems impact on CSR? Do they enable, require or prevent the socially responsible conduct of companies, for example, through corporate theory, directors’ duties or disclosure laws? What is the role of shareholders and directors in the promotion of CSR?The theme of the book ensures a sharing of ideas and experiences globally and internationally for all jurisdictions to consider core legal and social aspects of CSR.


Corporate Social Responsibility in India

Corporate Social Responsibility in India
Author: Bidyut Chakrabarty
Publisher: Routledge
Total Pages: 227
Release: 2012-03-29
Genre: Business & Economics
ISBN: 1136647430

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Presenting an analysis of Corporate Social Responsibility (CSR) in India, this book looks at the unique roots of the concept in India. It examines Gandhi’s philosophical moorings that inform India’s approach to CSR, and the role of civil society in setting an agenda for championing the rights of the stakeholders. The book goes on to focus on the role of the government in grooming the Indian business to be sensitive of its social concerns. Drawing on rich empirical data, the book shows that CSR in India cannot be conceptualized in ethnocentric terms. Arguing that it is not about ‘the typical Indianness’ of the articulation, it emphasizes the point that CSR in India needs to be conceptualized in a wider perspective by taking into account its philosophical roots with reference to the prevalent socio-economic and political context. The book is a valuable contribution to the literature on CSR, and is of interest to scholars of Asian Studies, business and development studies.


Exploring Corporate Social Responsibility

Exploring Corporate Social Responsibility
Author: Ravi Raj Atrey
Publisher: Studera Press
Total Pages: 302
Release: 2020-03-18
Genre: Business & Economics
ISBN: 9385883992

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For many people, CSR is a matter of interest to know about it, for many others it is a practice made mandatory by the Governments, a lot of researchers are focusing on the best practices under the CSR executions, many approaches and methodologies are being followed by various segments of the society. Students of every stream of Management under the BBA and MBA (Consumer behaviour, Marketing, Human Resources, Finance, Product Development, Production, and Logistics) need to know what CSR is and what rote it plays in the corporations. For those students who are targeting their careers in the field of Corporate Social Responsibility, present book is a compulsory reading. Apart from the Management, students of Economics/Business Economics (MA Economics and MBE) can also find this book quite useful. The trends in CSR investments are always a point of attraction, the book gives a fair idea about CSR investments and returns. Students of public administration (MPA, aspirant of civil services) have a keen interest in the development of the society, CSR being a mandatory exercise creates a lot of opportunities for social and infrastructural developments, and knowledge of CSR in that regard is an important tool. Further, students of Social-Work courses (BSW, MSW) will be, immensely benefitted with this book.


Corporate Social Responsibility in Developing and Emerging Markets

Corporate Social Responsibility in Developing and Emerging Markets
Author: Onyeka Osuji
Publisher: Cambridge University Press
Total Pages: 485
Release: 2019-12-19
Genre: Business & Economics
ISBN: 1108472117

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A valuable interdisciplinary resource examining the concept and effectiveness of CSR as a tool for sustainable development in emerging markets.