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Corporate social responsibility and economic responsiveness in India / Damien Krichewsky

By: Material type: TextTextPublication details: India Cambridge University Press 2019Description: 254 pISBN:
  • 9781108485364
Subject(s): DDC classification:
  • 658.4080954 KRI-D
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Item type Current library Collection Shelving location Call number Status Date due Barcode Item holds
Books Books BITS Pilani Hyderabad 650 General Stack (For lending) 658.4080954 KRI-D (Browse shelf(Opens below)) Available 41078
Total holds: 0


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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