Social Responsibility in Indian Organizations: The Way Forward for Sustainable Development

Nivedeeta Thombare and Moitrayee Das

Chapter 6 in Fresh Perspectives on India's Organizational Dimension, 2024, pp 121-138 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The post-liberalization phase has seen a significant change in the stakeholder participation-based model of corporate social responsibility (CSR) in India. Although CSR is optional for Small and Medium Enterprises (SMEs), there are apparent benefits if concrete mechanisms are in place. Since CSR and corporate governance are complementary and interconnected, including CSR provisions within the framework of corporate governance will create capabilities for Indian Micro, Small and Medium Enterprises (MSMEs). For SMEs, the formal structures of CSR and corporate governance hardly prevail in ways typical of big organizations in India. This chapter highlights the role of CSR and corporate governance within SMEs, the challenges they face, and the benefits they receive from CSR and corporate governance. The chapter also draws attention to the fact that CSR and corporate governance are crucial for sustainable development.

Keywords: Organizational Design; Performance; Organizational Learning; Digitisation; Organizational Structure; Organizational Change; Indian Organizations (search for similar items in EconPapers)
JEL-codes: L2 L22 (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789811296444_0006 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789811296444_0006 (text/html)
Ebook Access is available upon purchase.

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:wsi:wschap:9789811296444_0006

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().