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Corporate Social Responsibility in India: A Journey from Corporate Philanthropy to Governance Mandate

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  • K. R. Pillai

Abstract

Business is obligatory to society as it flourishes in the very social eco-system. Socially responsible, ethically upright and environmentally sustainable business solutions will endure spatially and temporally. The governmental initiatives to put corporate social responsibility (CSR) in the core business agenda acknowledge the policy engagement in promoting socially responsible business in a country. The present article is the outcome of a country-specific study examining the CSR mandates in a historical perspective in India in general and the domain of Companies Act 2013 in particular. The approach of the study is desk research. The study has observed that the recent mandate of India in this regard is to align the CSR engagements with corporate performance through a process of internalisation and institutionalisation.

Suggested Citation

  • K. R. Pillai, 2017. "Corporate Social Responsibility in India: A Journey from Corporate Philanthropy to Governance Mandate," Indian Journal of Corporate Governance, , vol. 10(2), pages 176-184, December.
    • Handle: RePEc:sae:ijcgvn:v:10:y:2017:i:2:p:176-184
    DOI: 10.1177/0974686217735924
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    Cited by:

    1. Rao, Amar & Dagar, Vishal & Sohag, Kazi & Dagher, Leila & Tanin, Tauhidul Islam, 2023. "Good for the planet, good for the wallet: The ESG impact on financial performance in India," Finance Research Letters, Elsevier, vol. 56(C).
    2. Shyam Hari P., 2020. "Social Grievances and Corporate Greed: Twenty20 and Conflicts in Kizhakkambalam," Review of Development and Change, , vol. 25(1), pages 54-69, June.

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