Please use this identifier to cite or link to this item: http://hdl.handle.net/10739/4974
Title: How mandatory corporate social responsibility can help governments with development goals
Authors: Sodhi, Manmohan
Kumar, Chitresh
Ganguly, Anirban
Keywords: Development goals
India
Isomorphism
Mandatory CSR
Issue Date: 10-Aug-2021
Publisher: ERP Environment and John Wiley & Sons Ltd., Bangkok
Citation: Sodhi, M. S., Kumar, C., & Ganguly, A. (2021). How mandatory corporate social responsibility can help governments with development goals. Business Strategy & Development, (In Press), DOI: https://doi.org/10.1002/bsd2.181
Abstract: Many governments seek the private sector to meet their development goals. One possible means to enlist this support is to impose mandatory or “hard” corporate social responsibility (CSR) requirements on large companies. To shed light on how mandatory CSR could be helpful in this regard, we study the case of India, where the government has required large companies to spend a fraction of their income toward development as CSR since 2014. We analyzed the expenses of leading Indian compa- nies and found statistically significant similarities among these companies in their spending pattern across the different categories, which we interpret as isomorphism. By looking for the government's motivation and the companies' motivations—both perceive the priorities in unmet social needs—we present a conceptual model to explain this isomorphism in CSR expenditure across different categories. The model suggests that governments may find mandatory CSR helpful to direct corporations in achieving development goals.
URI: https://doi.org/10.1002/bsd2.181
http://hdl.handle.net/10739/4974
Appears in Collections:JGU Research Publications

Files in This Item:
File Description SizeFormat 
BSD_2021.pdf1.87 MBAdobe PDFView/Open    Request a copy


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.