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CSR in Indian Public Sector Mining Companies: The Case of LCM Limited

In: Social Responsibility, Entrepreneurship and the Common Good

Author

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  • Subhasis Ray

Abstract

In October 2010, the world’s largest coal producing company, Coal India Limited (CIL), went public and created history by raising the highest amount of money ever from an Initial Public Offering (IPO) in Indian corporate history. It signified the Indian government’s willingness to deregulate some of its finest companies and allow them to create global plans in line with a confident and surging Indian economy. CIL acted as a holding company, overlooking the operations of many subsidiary organizations. LCM Limited was one of the most profitable CIL subsidiaries, located in the eastern state of Orissa.

Suggested Citation

  • Subhasis Ray, 2012. "CSR in Indian Public Sector Mining Companies: The Case of LCM Limited," Palgrave Macmillan Books, in: Carole Bonanni & François Lépineux & Julia Roloff (ed.), Social Responsibility, Entrepreneurship and the Common Good, chapter 15, pages 272-294, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-35489-0_16
    DOI: 10.1057/9780230354890_16
    as

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