Implementing Corporate Social Responsibility Indian Perspectives
This book is a compilation of Corporate Social Responsibility (CSR) theory and practices, with special reference to the Indian context. Over the last few decades, which have seen the onset of globalization, emergence of the industrial sector and an increa
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Subhasis Ray • S. Siva Raju Editors
Implementing Corporate Social Responsibility Indian Perspectives
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Editors Subhasis Ray Xavier Institute of Management Bhubaneswar (XIMB), Bhubaneswar, Odisha, India
S. Siva Raju School of Development Studies, Tata Institute of Social Sciences, Deonar, Mumbai, India
ISBN 978-81-322-1652-0 ISBN 978-81-322-1653-7 (eBook) DOI 10.1007/978-81-322-1653-7 Springer New Delhi Heidelberg New York Dordrecht London Library of Congress Control Number: 2013955068 © Springer India 2014 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. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Centre. Violations are liable to prosecution under the respective Copyright Law. 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. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)
Preface and Acknowledgements
India’s emergence as an economic power began with the onset of liberalization, which was followed soon after by the concept of Corporate Social Responsibility (CSR). Since then, the role of the corporate sector is to merge economic growth with social consciousness. This has been accorded a crucial place in the agendas of both, private and public sector companies. Private sector companies have been provided with guidelines to ensure that they implement CSR activities for social development in their areas of operation. There has, thus been an increase in concerted efforts on the part of the corporates towards interacting with building community relations, create channels of
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