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Saumitra N. Bhaduri Ekta Selarka

Corporate Governance and Corporate Social Responsibility of Indian Companies

CSR, Sustainability, Ethics & Governance Series editors Samuel O. Idowu, London Metropolitan University, London, UK René Schmidpeter, Cologne Business School, Cologne, Germany

More information about this series at http://www.springer.com/series/11565

Saumitra N. Bhaduri · Ekta Selarka

Corporate Governance and Corporate Social Responsibility of Indian Companies

13

Saumitra N. Bhaduri Madras School of Economics Chennai, Tamil Nadu India

Ekta Selarka Madras School of Economics Chennai, Tamil Nadu India

ISSN  2196-7075 ISSN  2196-7083  (electronic) CSR, Sustainability, Ethics & Governance ISBN 978-981-10-0924-2 ISBN 978-981-10-0925-9  (eBook) DOI 10.1007/978-981-10-0925-9 Library of Congress Control Number: 2016936569 © Springer Science+Business Media Singapore 2016 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper This Springer imprint is published by Springer Nature The registered company is Springer Science+Business Media Singapore Pte Ltd.

Acknowledgments

We gratefully acknowledge the project grant from the Indian Council of Social Science Research to support this study. Research assistance from Dr. A. Balasubramanian is highly appreciated. We also acknowledge the assistance provided by Mr. Bishu Giri and Mr. Ranveer Sengupta during the process of data collection. Also, this project would not have been possible without the institutional s­ upport from Professors. K.R. Shanmugam and Sunder Ramaswamy and the administrative team at the Madras School of Economics. In addition, we sincerely acknowledge the inputs from the members of ICSSR Advisory Committee—Professors Madheswaran, Hemnath Rao and Krishna Prasanna. We gratefully appreciate their efforts and time in reading our chapters and providing valuable inputs. We are also thankful to the referees at the Springer to provide bird’s eye view and inputs that shaped this manuscript f