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Mandated CSR in India: Opportunities, Constraints, and the Road Ahead

In: Rethinking Business Responsibility in a Global Context

Author

Listed:
  • Nayan Mitra

    (Sustainable Advancements (OPC) Private Ltd.)

  • Debmalya Mukherjee

    (College of Business Administration, The University of Akron)

  • Ajai S. Gaur

    (Rutgers Business School, Rutgers University)

Abstract

Corporate social responsibility (CSR) endeavors have been made mandatory for certain firms in India through the Companies Act, 2013. In this chapter, we focus on the nuances of this Act as it relates to CSR and discuss possible strategic implications for the Indian firms. To this end, we analyze strategic opportunities associated with mandatory CSR and identify potential challenges. Our in-depth analysis also explores avenues for future scholarly research in this area.

Suggested Citation

  • Nayan Mitra & Debmalya Mukherjee & Ajai S. Gaur, 2020. "Mandated CSR in India: Opportunities, Constraints, and the Road Ahead," CSR, Sustainability, Ethics & Governance, in: Bodo B. Schlegelmilch & Ilona Szőcs (ed.), Rethinking Business Responsibility in a Global Context, pages 193-217, Springer.
    • Handle: RePEc:spr:csrchp:978-3-030-34261-6_12
    DOI: 10.1007/978-3-030-34261-6_12
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    Cited by:

    1. Sahasranamam, Sreevas & Arya, Bindu & Mukundhan, K.V., 2022. "Dual institutional embeddedness and home country CSR Engagement: Evidence from Indian MNEs," Journal of Business Research, Elsevier, vol. 141(C), pages 163-174.
    2. Mukherjee, Debmalya & Kumar, Satish & Mukherjee, Deepraj & Goyal, Kirti, 2022. "Mapping five decades of international business and management research on India: A bibliometric analysis and future directions," Journal of Business Research, Elsevier, vol. 145(C), pages 864-891.
    3. Shobha Tewari & Bibek Bhattacharya, 2023. "Financial resources, corporate social responsibility, and ownership type: Evidence from India," Asia Pacific Journal of Management, Springer, vol. 40(3), pages 1093-1132, September.
    4. Tripathi, Vinayak R. & Popli, Manish & Gaur, Ajai, 2022. "Spirituality meets science: Impact of founders’ imprint on healthcare practices for marginal communities in India," Journal of Business Research, Elsevier, vol. 138(C), pages 311-323.
    5. Chan, Chui Shiam & Pattnaik, Chinmay, 2021. "Coevolution of home country support and internationalization of emerging market firms," International Business Review, Elsevier, vol. 30(4).

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