Corporate Social Responsibility in India

Meena Galliara

Chapter 2 in Responsible Management in Asia, 2011, pp 27-43 from Palgrave Macmillan

Abstract: Abstract The concept of a corporation or an entrepreneur having a social responsibility towards the community has come a long way since the rise of mercantilism. The pre-industrial era expected mercantile traders to care not only for themselves but also for members of their guild, the poor and other needy communities. With the advent of industrialization, the global trade scene witnessed the emergence of corporations as distinct legal entities that functioned solely for profit maximization and rejected the proposition that business was responsible for social welfare. The post-liberalization period expects businesses to adopt the triple bottom line approach as an inseparable part of their strategy to attain both shareholder and social value.

Keywords: Corporate Social Responsibility; Foreign Direct Investment; Social Responsibility; Corporate Governance; Corporate Philanthropy (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:palchp:978-0-230-30680-6_3

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230306806

DOI: 10.1057/9780230306806_3

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().