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Corporate social responsibility and economic responsiveness in India

By: Krichewsky, Damien.
Publisher: Cambridge Cambridge University Press 2019Description: xiii, 254 p. It includes bibliographical references and index.ISBN: 9781108485364.Subject(s): Social responsibility of business | Sustainable development | Economic development | India | Politics - International Relations | Political EconomyDDC 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. https://www.cambridge.org/core/books/corporate-social-responsibility-and-economic-responsiveness-in-india/4657BB0A3EBAF1A2B6FB0A48D57DE2DF#fndtn-information
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Slot 2077 (2 Floor, East Wing) Non-fiction 658.408 0954 K7C6 (Browse shelf) Available 200334

Frontmatter
Contentspp
List of Tables and Maps
List of Abbreviations
Preface
1 - Introduction pp 1-20
2 - CSR, Functional Differentiation, and the Problem of Economic Responsiveness
3 - Economic Differentiation and the Rise of India's ‘Embedded’ Corporate Capitalism
4 - Increasing Functional Differentiation and the Rise of CSR
5 - CSR at Work: Economic Responsiveness through Risk Management
6 - India's CSR Public Policies and the Politics of Economic Responsiveness
7 - Conclusion
References
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.

https://www.cambridge.org/core/books/corporate-social-responsibility-and-economic-responsiveness-in-india/4657BB0A3EBAF1A2B6FB0A48D57DE2DF#fndtn-information

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