CSR in India: Evolution, Models, and Impact
- First Online: 20 February 2020
Cite this chapter
- Suresh Mony 5 &
- Shekar Babu 6
Part of the book series: CSR, Sustainability, Ethics & Governance ((CSEG))
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1 Citations
As one of the oldest civilizations of the world with a rich history of culture that embraces tolerance and social consciousness, the concept of social responsibility in India dates back to 1500 B.C. and is not a modern day twentieth century phenomenon. When companies emerged in the twentieth century, social responsibility was largely ingrained in volunteerism; however, today corporate social responsibility (CSR), apart from the philanthropy of individuals and companies, is triggered by the mandate to meet government’s legislation. This chapter traces the evolution of CSR in India across four phases. Conceptual models in vogue in the country are then outlined followed by an appreciation of CSR in a few major sectors. This is followed by an analysis of the impact of CSR with regard to overcoming major societal challenges. An attempt is made to answer the moot question whether CSR is part of corporate strategy, followed by an assessment of India’s unique CSR law. Thereafter, a critical evaluation of CSR activities in India including its linkages with the Sustainability Development Goals formulated by the United Nations is carried out.
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Narsee Monjee Institute of Management Studies, Bangalore, India
Suresh Mony
Amrita School of Business, Amrita Vishwa Vidyapeetham University, Bangalore, India
Shekar Babu
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Mony, S., Babu, S. (2020). CSR in India: Evolution, Models, and Impact. In: Schlegelmilch, B.B., Szőcs, I. (eds) Rethinking Business Responsibility in a Global Context. CSR, Sustainability, Ethics & Governance. Springer, Cham. https://doi.org/10.1007/978-3-030-34261-6_10
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This paper shows that the various literature survey which studies the Corporate Social Responsibility activities in Indian companies and how they are developing and positively promoting...
The review of existing literature in India has shown that companies in India have started focusing on strategic CSR initiatives concerning nation’s social development. Business entities have also realized that there are financial benefits in being socially responsible.
This study employs a literature review approach and a comparative case analysis method to thoroughly examine the corporate social responsibility (CSR) practices of PetroChina and Sinopec in...
The paper compiled and analysed the qualitative and quantitative data collected from secondary sources like the national CSR portal, CSR policy documents, reports of government, media debates on CSR, and academic literature to contextualise the CSR policies and practices in India.
CSR in India: Evolution, Models, and Impact. Chapter. First Online: 20 February 2020. pp 147–178. Cite this chapter. Download book PDF. Download book EPUB. Rethinking Business Responsibility in a Global Context. Suresh Mony & Shekar Babu. Part of the book series: CSR, Sustainability, Ethics & Governance ( (CSEG)) 2423 Accesses. 1 Citations.
The findings of the study elaborate on (a) relationship between corporate profits and CSR expenditure, (b) sector-wise CSR spending, (c) areas that received the highest CSR fund allocation, (d) the linkage of CSR to the companies’ core business and (e) details of the CSR committee.
This article aims to discuss the contribution of Corporate Social Responsibility (CSR) towards achieving the sustainable goals in India. Drawing on secondary data analysis, first it presents the broad alignment of CSR activities with the Sustainable Development Goals (SDGs).
The review of the literature was conducted through a literature survey on the online database using Google Scholar, academia, SSRN, JUSTOR, ResearchGate, and sci-hub using keywords like CSR and India, Mandatory CSR practices, Indian Companies Act and CSR, Section 135, skill initiatives and CSR, CSR practices.
The current discourse on corporate social responsibility (CSR) is dominated by this ‘middle path’ approach, establishing collaboration and synergy, and attempting to define the balancing roles of business. In the CSR literature, interactions between business and society have been studied less.
Objectives of the study. This review is done to address the following objectives: To study the prevailing status of corporate social responsibility practices by Indian companies. To review the existing literature of corporate social responsibility.