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CSR in Government-Owned Enterprises in India: A Principal–Agent Perspective

In: Rethinking Business Responsibility in a Global Context

Author

Listed:
  • Monika Kansal

    (Central Queensland University)

  • Nava Subramaniam

    (RMIT University)

  • Shekar Babu

    (Amrita Vishwa Vidyapeetham University)

  • Suresh Mony

    (Narsee Monjee Institute of Management Studies)

Abstract

This chapter describes the unique setting in India’s corporate sector, where CSR is mandated for companies that meet a certain size threshold. The main focus is on central public sector enterprises through the lens of principal–agent relationships. Four propositions are developed and evaluated with the help of a qualitative study involving managers of such enterprises.

Suggested Citation

  • Monika Kansal & Nava Subramaniam & Shekar Babu & Suresh Mony, 2020. "CSR in Government-Owned Enterprises in India: A Principal–Agent Perspective," CSR, Sustainability, Ethics & Governance, in: Bodo B. Schlegelmilch & Ilona Szőcs (ed.), Rethinking Business Responsibility in a Global Context, pages 219-236, Springer.
    • Handle: RePEc:spr:csrchp:978-3-030-34261-6_13
    DOI: 10.1007/978-3-030-34261-6_13
    as

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    References listed on IDEAS

    as
    1. Przemyslaw Kowalski & Max Büge & Monika Sztajerowska & Matias Egeland, 2013. "State-Owned Enterprises: Trade Effects and Policy Implications," OECD Trade Policy Papers 147, OECD Publishing.
    2. Yun-Sheng Hsu & Cathy Zishang Liu & Yan-Jie Yang & Yan-Yu Chou, 2013. "Implications of the British petroleum oil spill disaster for its industry peers - evidence from the market reaction and earnings quality," Asia-Pacific Journal of Accounting & Economics, Taylor & Francis Journals, vol. 20(3), pages 281-296, September.
    3. Monika Kansal & Mahesh Joshi & Shekar Babu & Sharad Sharma, 2018. "Reporting of Corporate Social Responsibility in Central Public Sector Enterprises: A Study of Post Mandatory Regime in India," Journal of Business Ethics, Springer, vol. 151(3), pages 813-831, September.
    4. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    5. Nava Subramaniam & Monika Kansal & Shekar Babu, 2017. "Governance of Mandated Corporate Social Responsibility: Evidence from Indian Government-owned Firms," Journal of Business Ethics, Springer, vol. 143(3), pages 543-563, July.
    6. Mukherjee, Abhishek & Bird, Ron & Duppati, Geeta, 2018. "Mandatory Corporate Social Responsibility: The Indian experience," Journal of Contemporary Accounting and Economics, Elsevier, vol. 14(3), pages 254-265.
    7. Song, Jing & Wang, Rui & Cavusgil, Salih Tamer, 2015. "State ownership and market orientation in China's public firms: An agency theory perspective," International Business Review, Elsevier, vol. 24(4), pages 690-699.
    8. P.K. Jain & Seema Gupta & Surendra S. Yadav, 2014. "Public Sector Enterprises in India," Springer Books, Springer, edition 127, number 978-81-322-1762-6, November.
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