Corporate Social Responsibility: A Journey from Corporate Philanthropy to Governance Mandate

Pillai, K R (2017) Corporate Social Responsibility: A Journey from Corporate Philanthropy to Governance Mandate. Indian Journal of Corporate Governance, 10 (2). pp. 176-184. ISSN 0974-6862

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Abstract

Business is obligatory to society as it flourishes in the very social eco-system. Socially responsible, ethically upright and environmentally sustainable business solutions will endure spatially and temporally. The governmental initiatives to put corporate social responsibility (CSR) in the core business agenda acknowledge the policy engagement in promoting socially responsible business in a country. The present article is the outcome of a country-specific study examining the CSR mandates in a historical perspective in India in general and the domain of Companies Act 2013 in particular. The approach of the study is desk research. The study has observed that the recent mandate of India in this regard is to align the CSR engagements with corporate performance through a process of internalisation and institutionalisation.

Item Type: Article
Uncontrolled Keywords: Corporate social responsibility, corporate philanthropy, India, Indian Companies Act 2013, state engagement in business
Subjects: Management > MIM Manipal
Depositing User: MIM User
Date Deposited: 06 Feb 2019 08:47
Last Modified: 06 Feb 2019 08:47
URI: http://eprints.manipal.edu/id/eprint/153205

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