Reporting of Corporate Social Responsibility in Central Public Sector Enterprises: A Study of Post Mandatory Regime in India

Kansal, Monika; Joshi, Mahesh; Babu, Shekar

doi:10.1007/s10551-016-3253-0

Cited by 75 publications

(57 citation statements)

References 62 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…This result is aligned with the previous studies done by Shanmugam & Mohamed (2011) and Kansal and Singh (2012). Kansal, Joshi, Babu and Sharma (2018) suggest that regulators should highlight specific disclosure norms for corporate social responsibility rather than giving only general mandatory guidelines. Many companies are working under public private partnership and with Non Government Organization (NGOs) to take up social and environment issues.…”

Section: Discussion Conclusion and Policy Implicationssupporting

confidence: 91%

“…Many companies are working under public private partnership and with Non Government Organization (NGOs) to take up social and environment issues. However, reporting on pollution and carbon emission is very low for Indian companies (Kansal et al 2018). It has been observed that frequency of publishing sustainability reports has improved over the period (Cyriac, 2013).…”

Section: Discussion Conclusion and Policy Implicationsmentioning

confidence: 99%

See 1 more Smart Citation

Implications of corporate governance on financial performance: an analytical review of governance and social reporting reforms in India

Goel¹

2018

AJSSR

View full text Add to dashboard Cite

Currently the corporate governance reforms in India are at cross roads where though the intention behind the reforms is good yet there is a need to look for a complete solution addressing country specific challenges in Indian context. Keeping pace with developments at international level, India also introduced reforms for improving corporate, social and environment disclosures. This paper explores the effectiveness of these corporate governance reforms by analyzing the corporate governance practices followed by Indian companies in two reform periods (FY 2012-13 as Period 1) and (FY 2015-16 as Period 2). Considering mandatory regulations as per clause 49 of Listing agreement with Securities exchange board of India and the governance norms in the new Company Act, 2013, a corporate governance performance (CGP) index is developed to measure corporate governance score of Indian companies. Though there is a significant improvement in corporate governance structures implied by Indian companies but the number of independent directors inducted in the board decreases after the reforms in period 2. All the sectors under study show a significant improvement in following corporate governance practices after the reforms. The study reported a significant relationship between integrated framework of total corporate social performance and financial performance only in period 1. Corporate governance reforms do not impact financial linkages in Indian market in period 2.

show abstract

Section: Discussion Conclusion and Policy Implicationssupporting

confidence: 91%

Section: Discussion Conclusion and Policy Implicationsmentioning

confidence: 99%

Implications of corporate governance on financial performance: an analytical review of governance and social reporting reforms in India

Goel¹

2018

AJSSR

View full text Add to dashboard Cite

show abstract

“…Implementing voluntary initiatives for businesses to improve their employees' labor conditions and implementing socially significant projects creates a particular environmental protection sphere. Application of these practices on corporate responsibility in developing markets are found in the following readings: Benlemlih (2019) , Borges et al (2018) , Cheong et al (2017) , Denisov et al (2018) , Ge and Zhao (2017) , Gong and Ho (2018) , Han and Zheng (2016) , Krivtsov (2014) , Lee et al (2018) , Li and Liu (2018) , Malik and Kanwal (2018) , Marquis et al (2017) , Morozova et al (2018) , Mukherjee et al (2018) , Nazri et al (2018) , Popkova (2017) , Schrempf-Stirling (2018) , and Veselovsky et al (2018) , Chu et al (2018) , Frig et al (2018) , Harjoto and Laksmana (2018)) , Kansal et al (2018) , Sheikh (2019) , Utgård (2018) .…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Corporate Social Responsibility Amid Social Distancing During the COVID-19 Crisis: BRICS vs. OECD Countries

Popkova

DeLo

Sergi

2021

Research in International Business and Finance

101

View full text Add to dashboard Cite

This paper compares today’s corporate management in developing markets (BRICS countries) vs. developed markets (the OECD countries). The influence of determining a new social corporate management season considering social distancing amid the COVID-19 pandemic on emerging markets' economic growth is ascertained and set apart from corporate management in developing markets. This paper helps clarifying and better understanding the role of corporate social responsibility in the conditions of an economic crisis against the background of the COVID-19 pandemic. This work provides scientific arguments that allow solving critical discussions regarding the advantages (growth of quality of life, an increase of business's competitiveness) and costs (limitation of economic growth, non-commercial use of profit, and increased price for goods and services) of domestic production and consumption. In the long-term, responsible financial practices return all investments and allow countries to better cope with a crisis. The research supplies a new view of corporate social responsibility as a measure of crisis management. It reflects its advantages at a time of social distancing in the conditions of the COVID-19 pandemic. The institutionalization of corporate social responsibility in emerging countries is not predetermined by internal factors (approach to doing business or organizational culture), if not by external factors (market status, state regulation, and consumer awareness). These circumstances prove the high complexity of strengthening corporate social responsibility in developing countries. In the conditions of social distancing – due to the COVID-19 pandemic – corporate social responsibility goes to a new level. In both developing and developed countries, one of the most widespread manifestations of corporate social responsibility is the entrepreneurship's transition to the remote form of activities. This envisages the provision of remote employment for workers and the online purchase of goods and services for consumers.

show abstract

“…This increases the likelihood that government firms will be more attuned to normative pressures from external constituents to continue to provide social benefits similar to those they provided pre-transition (Mohan, 2001). Some studies have found that greater sensitivity and responsiveness to institutional pressures can lead government owners in India to increase government sponsored CSR programs (Kansal, Joshi, Babu, & Sharma, 2018) and disclosures of CSR directed towards the weaker sections of society (Muttakin & Subramaniam, 2015). From the agency theory perspective, government shareholders in India have a strong incentive to push for high social performance since enhancing financial performance might not be their primary objective (Subramaniam et al, 2017).…”

Section: Government Ownership and Csrmentioning

confidence: 99%

Ownership structure and corporate social responsibility in an emerging market

2019

View full text Add to dashboard Cite

While scholarship exploring the impact of ownership structure on corporate social responsibility (CSR) has investigated firms in developed markets, less work has examined how ownership in firms from emerging markets influences community-related CSR. Both internal and external forces potentially drive community-related CSR decisions. It is hence important to understand the role of internal constraints arising due to agency problems along with institutional pressures from external stakeholders in emerging markets in shaping CSR. In this study, we draw on agency theory and sociological perspectives of institutions to explore variations in the motivation of different owners to pursue a socially responsible agenda. Our analysis of a sample of Indian firms for the period 2008-2015 illustrates that business group and family ownership is beneficial for community-related CSR. Our theoretical arguments and results highlight the importance of combining multiple lenses to assess the influence of ownership structures on CSR in emerging markets. Keywords Agency theory. Institutional theory. Ownership structure. CSR. Emerging market Over the past few decades, researchers have been keenly interested in understanding the drivers and consequences of corporate social responsibility (CSR) in firms from emerging markets (

show abstract

Reporting of Corporate Social Responsibility in Central Public Sector Enterprises: A Study of Post Mandatory Regime in India

Cited by 75 publications

References 62 publications

Implications of corporate governance on financial performance: an analytical review of governance and social reporting reforms in India

Implications of corporate governance on financial performance: an analytical review of governance and social reporting reforms in India

Corporate Social Responsibility Amid Social Distancing During the COVID-19 Crisis: BRICS vs. OECD Countries

Ownership structure and corporate social responsibility in an emerging market

Contact Info

Product

Resources

About