Corporate social responsibility and economic responsiveness in India
By: Krichewsky, Damien.
Publisher: Cambridge University Press 2019Description: xiii, 254p.ISBN: 9781108485364.Subject(s): Social responsibility of business -- Economic development -- Sustainable development -- IndiaDDC classification: 658.4080954 Summary: Since the early 2000s, corporate social responsibility (CSR) has rapidly gained significance in India, both among large companies and as a policy instrument formally intended to foster corporate contributions to the country's development goals. This book analyses this phenomenon in relation to broader political and economic changes induced by India's 'pro-business' development strategy. Using a systems-theoretical approach, the analysis shows that 'pro-business' policies have led profit-driven economic processes to increasingly override collective aspirations for social welfare, environmental protection, and democracy. In order to decipher how CSR changes the interplays between profit-making and developmental aspirations, the book provides detailed analyses of CSR in the cement industry and in regulatory policies adopted by the central government. It shows that CSR operates as an 'intermediary institution' which further enhances the autonomy of the economic system, as it makes profit-making more responsive to risks arising from competing collective values and interests.| Item type | Current location | Call number | Status | Date due | Barcode |
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NASSDOC Library | 658.4080954 KRI-C (Browse shelf) | Available | 50604 |
Includes bibliographical references and index
Since the early 2000s, corporate social responsibility (CSR) has rapidly gained significance in India, both among large companies and as a policy instrument formally intended to foster corporate contributions to the country's development goals. This book analyses this phenomenon in relation to broader political and economic changes induced by India's 'pro-business' development strategy. Using a systems-theoretical approach, the analysis shows that 'pro-business' policies have led profit-driven economic processes to increasingly override collective aspirations for social welfare, environmental protection, and democracy. In order to decipher how CSR changes the interplays between profit-making and developmental aspirations, the book provides detailed analyses of CSR in the cement industry and in regulatory policies adopted by the central government. It shows that CSR operates as an 'intermediary institution' which further enhances the autonomy of the economic system, as it makes profit-making more responsive to risks arising from competing collective values and interests.
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