IDEAS home Printed from https://ideas.repec.org/p/ess/wpaper/id11922.html
   My bibliography  Save this paper

The Corporate Social Responsibility Act in India: An Early Assessment

Author

Listed:
  • Sangeeta Bansal
  • Madhu Khanna
  • Sonakshi Jain

Abstract

This paper aims at providing an early assessment of the response by firms to this Act. It examines the extent to which the CSR Act has led firms to comply and increase the share of profits being spent on CSR and the extent to which implementation of the CSR Act over the financial year 2014-2015 has contributed additional funds towards the social development of the country. The analysis is based on firm level data set of firms all over India over the years 2010-2015.

Suggested Citation

  • Sangeeta Bansal & Madhu Khanna & Sonakshi Jain, 2017. "The Corporate Social Responsibility Act in India: An Early Assessment," Working Papers id:11922, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:11922
    Note: Institutional Papers
    as

    Download full text from publisher

    File URL: http://www.esocialsciences.org/Download/repecDownload.aspx?fname=A201772714504_29.pdf&fcategory=Articles&AId=11922&fref=repec
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Carroll, Archie B., 1991. "The pyramid of corporate social responsibility: Toward the moral management of organizational stakeholders," Business Horizons, Elsevier, vol. 34(4), pages 39-48.
    2. Nakamura, Masao & Takahashi, Takuya & Vertinsky, Ilan, 2001. "Why Japanese Firms Choose to Certify: A Study of Managerial Responses to Environmental Issues," Journal of Environmental Economics and Management, Elsevier, vol. 42(1), pages 23-52, July.
    3. Dietrich H. Earnhart & Madhu Khanna & Thomas P. Lyon, 2014. "Corporate Environmental Strategies in Emerging Economies," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 8(2), pages 164-185.
    4. Kozo Horiuchi & Masao Nakamura, 2001. "Environmental Issues and Japanese Firms," Palgrave Macmillan Books, in: Masao Nakamura (ed.), The Japanese Business and Economic System, chapter 13, pages 364-384, Palgrave Macmillan.
    5. Bansal, Sangeeta & Gangopadhyay, Shubhashis, 2003. "Tax/subsidy policies in the presence of environmentally aware consumers," Journal of Environmental Economics and Management, Elsevier, vol. 45(2, Supple), pages 333-355, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sudipta Bose & Amitav Saha & Indra Abeysekera, 2020. "The Value Relevance of Corporate Social Responsibility Expenditure: Evidence from Regulatory Decisions," Abacus, Accounting Foundation, University of Sydney, vol. 56(4), pages 455-494, December.
    2. Bansal, Sangeeta & Khanna, Madhu & Sydlowski, Joseph, 2021. "Incentives for corporate social responsibility in India: Mandate, peer pressure and crowding-out effects," Journal of Environmental Economics and Management, Elsevier, vol. 105(C).
    3. Sarangi, Gopal Krishna, 2021. "Resurgence of ESG Investments in India: Toward a Sustainable Economy," ADBI Working Papers 1284, Asian Development Bank Institute.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Atonu Rabbani, "undated". "Can Leaders Promote Better Health Behavior? Learning from a Sanitation and Hygiene Communication Experiment in Rural Bangladesh," Working papers 118, The South Asian Network for Development and Environmental Economics.
    2. Bansal, Sangeeta & Khanna, Madhu, 2017. "Corporate Social Responsibility Act in India: An Analysis of Firm Compliance," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258334, Agricultural and Applied Economics Association.
    3. Jung-Fa Tsai & Phi-Hung Nguyen & Ming-Hua Lin & Duy-Van Nguyen & Hsu-Hao Lin & Anh-Tuan Ngo, 2021. "Impacts of Environmental Certificate and Pollution Abatement Equipment on SMEs’ Performance: An Empirical Case in Vietnam," Sustainability, MDPI, vol. 13(17), pages 1-17, August.
    4. Kube, Roland & von Graevenitz, Kathrine & Löschel, Andreas & Massier, Philipp, 2019. "Do voluntary environmental programs reduce emissions? EMAS in the German manufacturing sector," Energy Economics, Elsevier, vol. 84(S1).
    5. Blackman, Allen & Guerrero, Santiago, 2012. "What drives voluntary eco-certification in Mexico?," Journal of Comparative Economics, Elsevier, vol. 40(2), pages 256-268.
    6. Arimura, Toshi H. & Darnall, Nicole & Katayama, Hajime, 2011. "Is ISO 14001 a gateway to more advanced voluntary action? The case of green supply chain management," Journal of Environmental Economics and Management, Elsevier, vol. 61(2), pages 170-182, March.
    7. Jayasinghe-Mudalige, Udith K. & Henson, Spencer J., 2004. "Quantifying The Impact Of Economic Incentives On Firms' Food Safety Responsiveness: The Case Of Red Meat And Poultry Processing Sector In Canada," 2004 Annual meeting, August 1-4, Denver, CO 20419, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    8. Wang, Derek D. & Sueyoshi, Toshiyuki, 2018. "Climate change mitigation targets set by global firms: Overview and implications for renewable energy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 94(C), pages 386-398.
    9. Hubert Paluš & Ján Parobek & Rastislav Šulek & Ján Lichý & Jaroslav Šálka, 2018. "Understanding Sustainable Forest Management Certification in Slovakia: Forest Owners’ Perception of Expectations, Benefits and Problems," Sustainability, MDPI, vol. 10(7), pages 1-17, July.
    10. Roeland Bracke & Tom Verbeke, 2007. "What Distinguishes EMAS Participants? An Exploration of Company Characteristics," Working Papers 2007.37, Fondazione Eni Enrico Mattei.
    11. Cañón de Francia, Joaquín & Garcés Ayerbe, Concepción, 2006. "Repercusión económica de la certificación medioambiental ISO 14001," Cuadernos de Gestión, Universidad del País Vasco - Instituto de Economía Aplicada a la Empresa (IEAE).
    12. Aneta Wysokinska-Senkus & Barbara Hadryjanska & Piotr Senkus, 2021. "The State and Prospects for the Development of a Systemic Approach to Manage Environmental Resources in the Context of Ecological Safety," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 180-198.
    13. George Halkos & Stylianos Nomikos & Antonis Skouloudis, 2021. "Revisiting ISO 14001 diffusion among national terrains: panel data evidence from OECD countries and the BRIICS," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 23(4), pages 781-803, October.
    14. Zach Raff & Dietrich Earnhart, 2020. "The effect of environmental enforcement on labor: environmental workers and production workers," Journal of Regulatory Economics, Springer, vol. 57(2), pages 118-133, April.
    15. Diego A. Vazquez-Brust & José Antonio Plaza-Úbeda, 2021. "What Characteristics Do the Firms Have That Go Beyond Compliance with Regulation in Environmental Protection? A Multiple Discriminant Analysis," Sustainability, MDPI, vol. 13(4), pages 1-27, February.
    16. Amir Hossein Montazer Hojat & Khalid Abdul Rahim & Lee Chin, 2010. "Firm's Environmental Performance: A Review of Their Determinants," American Journal of Economics and Business Administration, Science Publications, vol. 2(3), pages 330-338, September.
    17. Serdal Ozusaglam & Stéphane Robin & Chee Yew Wong, 2018. "Early and late adopters of ISO 14001-type standards: revisiting the role of firm characteristics and capabilities," The Journal of Technology Transfer, Springer, vol. 43(5), pages 1318-1345, October.
    18. Nishitani, Kimitaka, 2010. "Demand for ISO 14001 adoption in the global supply chain: An empirical analysis focusing on environmentally conscious markets," Resource and Energy Economics, Elsevier, vol. 32(3), pages 395-407, August.
    19. Dietrich Earnhart & Lana Friesen, 2021. "Enforcement Federalism: Comparing the Effectiveness of Federal Punishment versus State Punishment," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 78(2), pages 227-255, February.
    20. Nicole Darnall & Irene Henriques & Perry Sadorsky, 2010. "Adopting Proactive Environmental Strategy: The Influence of Stakeholders and Firm Size," Journal of Management Studies, Wiley Blackwell, vol. 47(6), pages 1072-1094, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ess:wpaper:id:11922. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Padma Prakash (email available below). General contact details of provider: http://www.esocialsciences.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.