Entrepreneurship, corporate governance, and Indian business elites

Ajit Nayak, Mairi Maclean, Charles Harvey and Robert Chia

International Journal of Indian Culture and Business Management, 2007, vol. 1, issue 1/2, 9-27

Abstract: Despite the rhetoric of borderless transnational corporations driven by the homogenising trends in globalisation, nation states and national identities continue to play an important role in structuring national managerial mentalities and dispositions. In this paper, we examine the entrepreneurial spirit of Indian industrialists and the emerging importance of corporate governance for globalising Indian businesses. We argue that corporate governance regimes and the entrepreneurialism exhibited within a national context are, to a considerable degree, self referring, being supported and informed by pre-existing social structures, norms and practices. We explore the corporate lives and careers of the directors of the SENSEX (top 30) companies from a practice perspective, and show that corporate governance and entrepreneurialism emerge as mediating symbolic forms embedding national values, institutional practices, and individual dispositions. The data and arguments presented in this paper stem from a larger, ongoing study into entrepreneurship, corporate governance, and Indian business elites; our preliminary analysis suggests a complex web of connections between these social elements.

Keywords: corporate governance; entrepreneurship; Indian business elites; India; entrepreneurial spirit; globalisation; culture; business management; company directors; national values; institutional practices; individual dispositions; social structures; social norms; social practices. (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.inderscience.com/link.php?id=14468 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijicbm:v:1:y:2007:i:1/2:p:9-27

Access Statistics for this article

More articles in International Journal of Indian Culture and Business Management from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().