India and Its Corporate Social Responsibility Mandate

Mitra, Nayan; Chatterjee, Bhaskar

doi:10.1007/978-3-030-24444-6_2

Cited by 7 publications

(5 citation statements)

References 3 publications

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“…This combines an implicit form for CSR with explicit content. Other examples of regulation for what had been explicit CSR issues include U.K., French, and Dutch requirements for due diligence in international supply chains to avert child labor and slavery; the adoption by the Norwegian government of voluntary ethical trading codes for public purchasing; the Indian government's CSR tax (Mitra & Chatterjee, 2019); the Chinese government's numerous CSR regulations, particularly on the export sector (Hofman & Moon with Wu, 2017); and, somewhat more indirectly, the use of legality verification to effectively make voluntary agreements binding (e.g., in forestry governance; Cashore & Stone, 2012).…”

Section: Implicitizationmentioning

confidence: 99%

Reflections on the 2018 Decade Award: The Meaning and Dynamics of Corporate Social Responsibility

Matten

Moon

2020

AMR

178

139

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We reflect on our 2008 article, "'Implicit' and 'Explicit' CSR: A Conceptual Framework for a Comparative Understanding of Corporate Social Responsibility," first recalling its origins. We contextualize this reflection piece with a stylized interpretation of CSR "then" (the turn of the twenty-first century) and "now" (2019). We then focus on two themes: CSR's meaning and its dynamics. Regarding the meaning of CSR, we indicate the advantages of our capacious CSR definition and elaborate on the underlying theorization of our CSR framework regarding corporations' need for legitimacy with their core stakeholders, societies they operate in, and regulators they are subject to. We propose that the configuration of these legitimacy relationships informs the nature and balance of implicit and explicit CSR. Turning to CSR dynamics, we build on research on the hybridization of implicit and explicit CSR and explore two underlying phenomena-explicitization and implicitization of CSR. We conceptualize explicitization as the process by which norms and rules associated with implicit CSR are adopted in explicit CSR policies, practices, and strategies. We conceptualize implicitization of CSR as the process by which norms and rules of business responsibility are informed by what were hitherto explicit CSR policies, practices, and strategies of corporations, and are built into general obligations of business.a These changes are discussed in the section titled "The Dynamics of CSR." 2020 9 Matten and Moon

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Section: Implicitizationmentioning

confidence: 99%

Reflections on the 2018 Decade Award: The Meaning and Dynamics of Corporate Social Responsibility

Matten

Moon

2020

AMR

178

139

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“…For instance, an assessment conducted by the MCA for 2015–2016 encompassed 5,097 companies, revealing a total CSR expenditure of INR 98.22bn. Among these, the first ten companies accounted for INR 32.071bn (approximately 33% of the total spent) (Mitra and Chatterjee, 2020). Chatterjee and Mitra (2017) emphasize that the formulation of CSR regulations in India was explicitly tailored to the unique Indian context, with a solid connection to the nation’s inclusive development agenda.…”

Section: Resultsmentioning

confidence: 99%

Mandatory CSR regulations and social disclosure: the mediating role of the CSR committee

Samarawickrama,

Biswas,

Roberts

2024

MEDAR

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Purpose This study aims to examine the association between mandatory corporate social responsibility (CSR) regulations (CSR mandate) and social disclosures (SOCDS) in India. It also investigates whether CSR committees mediate the relationship between CSR mandate and SOCDS. Furthermore, this paper explores how business group (BG) affiliation moderates CSR committee quality and SOCDS. Design/methodology/approach This study uses a data set of 5,345 observations from the Bombay stock exchange (BSE)-listed firms over 10 years (2011–2020) to examine the research questions. Baron and Kenny’s (1986) three-step model is estimated to examine the mediating role of CSR committees on the relationship between CSR mandate and SOCDS. Findings The study reveals that the CSR mandate positively impacts SOCDS in India due to coercive pressures. CSR committees mediate this relationship, with higher CSR committee quality leading to increased SOCDS. Furthermore, the authors report that SOCDS in India is positively related to CSR committee quality, and this relationship is stronger for BG firms. Finally, the supplementary analysis reveals that promoting CSR committee quality enhances firms’ likelihood of meeting CSR mandatory spending and actual CSR spending in India. Originality/value This research contributes to the academic literature by shedding light on the intricate dynamics of CSR mandates, CSR committees and SOCDS in emerging economies. Notably, the authors identify the previously unexplored mediation role of CSR committees in the link between CSR mandates and SOCDS. The creation of a composite index that measures complementary CSR committee attributes allows us to undertake a novel assessment of CSR committee quality. An examination of the moderating influence of BG affiliation documents the importance of CSR committee quality, particularly in governance, for enhancing SOCDS transparency within BG firms.

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“…Notwithstanding, there is still a lack of clarity among regulatory authorities on the monitoring; resulting in extreme variations in corporates’ monitoring practices (Bergman et al , 2019). This requires to be streamlined and strengthened to make corporates adhere to the mandate completely (Mitra and Chatterjee, 2020).…”

Section: Discussionmentioning

confidence: 99%

Changing CSR practices of corporates – a study of institutionalization of mandated corporate social responsibility in India

Bihari

Shajahan

2023

IJLMA

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Purpose Globally, corporate social responsibility (CSR) has been a voluntary practice, but faced serious limitations in its institutionalization. Resultantly, India, through the Companies Act, 2013, mandates corporates to change voluntary and ad hoc CSR practices into strategic and systematic projects. This paper aims to explore the changes brought in CSR practices by corporates under the influence of CSR law. The goal is to fill the literature gap on qualitative changes brought in CSR practices by the mandate. Design/methodology/approach This qualitative study used purposive sampling and conducted in-depth interviews of corporate officials, nongovernmental organization (NGO) officials and academicians. The findings are discussed with the theoretical framework of institutional isomorphism. Findings This paper presents changes in CSR practices in six themes: ad hoc to project-mode program designing and planning, stricter due diligence of NGOs, multi-stakeholder implementation of impact-driven projects, strict monitoring mechanisms, higher funding and rigorous reporting. These changes contribute to an understanding of the shift from voluntary to mandatory CSR in India, institutionalized through a mix of normative, coercive and mimetic pressures. Practical implications Indian corporates can adopt the systematic practices in their CSR programmatic cycle, as presented in this study. NGOs would gain insights into newer requirements of corporates to design effective collaborations. Future studies can be conducted to describe the extent of institutionalization of CSR practices in India. Originality/value This paper creates knowledge for multiple stakeholders of CSR in India and other developing countries by presenting changes brought in CSR practices by a legal mandate in comparison to voluntary CSR.

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India and Its Corporate Social Responsibility Mandate

Cited by 7 publications

References 3 publications

Reflections on the 2018 Decade Award: The Meaning and Dynamics of Corporate Social Responsibility

Reflections on the 2018 Decade Award: The Meaning and Dynamics of Corporate Social Responsibility

Mandatory CSR regulations and social disclosure: the mediating role of the CSR committee

Changing CSR practices of corporates – a study of institutionalization of mandated corporate social responsibility in India

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