Corporate Governance, Responsibility and Sustainability Initiatives
Corporate Governance, Responsibility and Sustainability investigates various dimensions of corporate governance issues in key emerging economies such as China, India, Brazil, South Africa and Russia. The book explores a number of issues in the areas of co
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ARINDAM BANIK ANANDA DAS GUPTA PRADIP K. BHAUMIK
CORPORATE GOVERNANCE, RESPONSIBILITY AND SUSTAINABILITY Initiatives in Emerging Economies
Corporate Governance, Responsibility and Sustainability
Corporate Governance, Responsibility and Sustainability Initiatives in Emerging Economies Edited by
Arindam Banik International Management Institute, India
Ananda Das Gupta Indian Institute of Plantation Management, India and
Pradip K. Bhaumik International Management Institute, India
Selection, introduction and editorial matter © Arindam Banik, Ananda Das Gupta and Pradip K. Bhaumik 2015 Individual chapters © Contributors 2015 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No portion of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, Saffron House, 6–10 Kirby Street, London EC1N 8TS. Any person who does any unauthorized act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The authors have asserted their rights to be identified as the authors of this work in accordance with the Copyright, Designs and Patents Act 1988. First published 2015 by PALGRAVE MACMILLAN Palgrave Macmillan in the UK is an imprint of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS. Palgrave Macmillan in the US is a division of St Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010. Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries. ISBN 978-1-349-55732-5 ISBN 978-1-137-36185-1 (eBook) DOI 10.1057/9781137361851
This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. Logging, pulping and manufacturing processes are expected to conform to the environmental regulations of the country of origin. A catalogue record for this book is available from the British Library. Library of Congress Cataloging-in-Publication Data Corporate governance, responsibility and sustainability : initiatives in emerging economies / [edited by] Arindam Banik, Ananda Das Gupta, Pradip K. Bhaumik. pages cm 1. Corporate governance – Developing countries. 2. Social responsibility of business – Developing countries. 3. Sustainable development – Developing countries. I. Banik, Arindam. II. Das Gupta, Ananda, 1955– III. Bhaumik, Pradip K., 1949– HD2741.C7796 2015 338.60917294—dc23
2014049952
To Mousumi, Aruna and Dolly
Contents List of Boxes
xi
List of Figures
xii
List of Tables
xiii
Preface and Acknowledgments
xiv
Notes on Contributors
xvi
1
2
Introduction Arindam Banik Corporate gover
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