The overall socio-economic development experience in India under different economic governance frameworks since the 1950s has given rise to a large number of interrelated concerns, including: impacts on employment and distribution of income, emergence of new forms of vulnerabilities, weakened state structures, imbalanced demographics with sub-national disparities, environmental and biomass degeneration and dismal performance on several human development indicators. However, all the institutional actors, including private sector corporations, have responded to these challenges in different ways. Also, the increased focus and pressures by campaigners on corporations to not only minimize harm but also maximize benefits emanating from their operations has put many leading corporations globally in the line of fire and have had a profound influence in many countries, including India. This book documents these experiences in the Indian context and identifies the scope and limitations of corporations to address such concerns. Includes political economy framework to analyse corporate social responsibility (CSR), locating the business-society interface in larger processes of development and change Integration of analytical constructs on CSR in India with changes in the conditions of businesses in India using empirical data and case studies Links CSR practices in India with changing corporate management practices and their evolution and a comparative analysis with Anglo-Saxon model of corporate governance.
The Politcal Economy of Corporate Responsibility in India