Emerging Opportunities or Traditions Reinforced

Balasubramanian, N.K.; Kimber, David; Siemensma, Fran

doi:10.9774/gleaf.4700.2005.sp.00010

Cited by 63 publications

(29 citation statements)

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“…Also, a significant number of Indian firms are committed to fulfilling their social responsibilities and engaging in philanthropy to do social good. Balasubramanian, Kimber, and Siemensma () note the predominance of a caring model of CSR in India. They suggest CSR in India is closely informed by local sociocultural values and traditions.…”

Section: Discussionmentioning

confidence: 99%

Corporate social responsibility in emerging economies: Investigating firm behavior in the Indian context

Panda

D′Souza

Blankson

2018

Thunderbird Intl Bus Rev

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Scholars have questioned the appropriateness of using a western-centric framework to investigate corporate social responsibility (CSR) in emerging economies. This study assesses the appropriateness of using such a framework in one emerging economy-India. More specifically, the drivers of CSR and their impact on firm-level CSR activity in the Indian context are investigated and compared with those in developed economies. Content analysis of 369 CSR policy statements of publicly traded Indian firms revealed the factors that drive CSR activities of Indian firms are similar to those found in developed economies. However, the ways firms respond to the drivers of CSR are surprisingly different in the Indian context, and these differences can be traced to attributes of the Indian socio-cultural context. Implications and recommendations for future research conducted in India, and in other emerging economies, are offered.

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Section: Discussionmentioning

confidence: 99%

Corporate social responsibility in emerging economies: Investigating firm behavior in the Indian context

Panda

D′Souza

Blankson

2018

Thunderbird Intl Bus Rev

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“…Kumar et al [72] trace the development of CSR through four stages, corresponding to pre-independence, the statist mixed-plan economy, the period of liberalization and globalization, and the recent move to a stakeholder participation approach. The tenets of religious faith in India are seen as having played a historic and continuing role in the history of a commitment to CSR activity [73][74][75][76]. In India and other developing countries, CSR may be driven by more philanthropic motives than would be the case for companies in developing countries [77,78].…”

Section: Corporate Environmental Disclosure In Indiamentioning

confidence: 99%

Corporate Environmental Disclosure in India: An Analysis of Multinational and Domestic Agrochemical Corporations

et al. 2019

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The existing corporate environmental disclosure (CED) research focuses primarily on large companies operating in a single jurisdiction, leaving a gap of knowledge regarding the subsidiary operations of multinational corporations. In this study, consolidated narrative interrogation (CONI) is used to quantify CEDs presented in annual and stand-alone sustainability reports published over a 15-year span between 2002 and 2016 by agrochemical companies operating in India. Results show that the diversity, the quantity, and the quality of CED vary significantly, but generally each of them has been improving over time—most notably following the revisions to the Companies Act in 2013. The study finds that the subsidiaries of multinational agrochemical corporations implemented CED practices more strongly associated with those of domestic companies than those found in the reports produced by their parent companies. The CED of both subsidiary and domestic companies appears to reflect concerns of local legitimacy.

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“…The concept of social responsibility was not new to India. The Indian CSR traditionrooted in business ethics, religion, and spiritualityhad deep philanthropic underpinnings captured in Indian scriptures (Agarwal, 2008;Balasubramanian et al, 2005;Jayakumar, 2016;Khan, 2008;Mohan, 2001). Traditionally, Indian companies viewed CSR as a non-strategic and religious philanthropic activity, to be undertaken in areas or activities determined by the individual owner's preferences (Bain and Co. Inc., 2013;Charities Aid Foundation, 2012;Dasra, 2012).…”

Section: Csr Adoption and Implementation In Indiamentioning

confidence: 99%

Rethinking the role of management education in developing a “new” locus of CSR responsibility

Jayakumar¹,

Joshi²

2017

JWAM

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Purpose -India is the first country to have mandated compulsory corporate social responsibility (CSR) spends through changes in its legislative framework. Focus has thus shifted from the "why" to the "how" of CSR and, therefore, a shift in the "locus" of CSR responsibility from the "influencer" chief executive officer toward the "implementer" CSR professionals. The purpose of this paper is to study the role of management education in developing individual competencies among the implementers and impacting effective CSR implementation. Design/methodology/approach -This paper, using a case study design, studies the role of management education in developing individual competencies among the implementers and impacting effective CSR implementation. Building on theoretical frameworks, this paper carries out an exploratory research of an Indian business school's management education program for development practitioners. It uses qualitative inputs gathered from relevant stakeholders of the program to understand the role of management education in facilitating the paradigm shift in CSR in the Indian context. Findings -The paper finds that the program has impacted outcomes at three levels, namely through developing key individual CSR-related competencies; impacting participants' professional performance; and organizational impact in effective CSR implementation. Practical implications -The case study provides a roadmap to business schools for designing and implementing programs for CSR professionals. Originality/value -Extant research in the Indian context is silent on key competencies required for CSR implementation and also on the role of management education in developing the same. Such competencies can ensure the efficiency of the expected large CSR spends by private corporates under the new legal requirements and alter the country's social development path.

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Emerging Opportunities or Traditions Reinforced

Cited by 63 publications

References 0 publications

Corporate social responsibility in emerging economies: Investigating firm behavior in the Indian context

Corporate social responsibility in emerging economies: Investigating firm behavior in the Indian context

Corporate Environmental Disclosure in India: An Analysis of Multinational and Domestic Agrochemical Corporations

Rethinking the role of management education in developing a “new” locus of CSR responsibility

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