The book explores the theoretical and empirical issues relating to the interaction between corporate governance and corporate social responsibility (CSR) activities undertaken by Indian companies. It presents a highly detailed view on the evolution of CSR and its nexus with corporate governance. This is particularly timely in the context of the recent Indian Companies Act 2013, which mandates corporate social responsibility and revises the best corporate-governance practices for large companies. The findings of this study are unique in drawing from a unified framework of Indian corporate governance structure and corporate engagement in CSR. The book's scope is both academic and practical; the research methodology developed and utilized is useful for researchers, while the implications and the selection of variables provide useful information for practitioners and stakeholders. Finally, although it focuses on large Indian companies, the findings canalso be applied to research on other emerging economies.

Investigates the interaction between corporate governance and corporate social responsibility (CSR) activities of Indian companies Shows how attributes like structure, financial constraint, corporate governance and CEO duality influence the CSR spending of large Indian firms Demonstrates how poor corporate governance coupled with insider control over the board can explain the variation in CSR activities across firms Includes supplementary material: sn.pub/extras

Autorentext

Saumitra Bhaduri obtained a master's degree in Econometrics from Calcutta University and a Ph.D. in Financial Economics from the Indira Gandhi Institute of Development Research (IGIDR), Mumbai, India. He is currently a professor at the Madras School of Economics (MSE), Chennai, India, and regularly offers courses in financial economics and econometrics, and advanced quantitative techniques. He previously worked at the financial services division of the General Electric (GE) company and has held a number of quantitative analyst positions in the various finance services of the company. He also founded and headed the GE-MSE Decision Sciences Laboratory, which is responsible for developing state-of-the-art research output for GE. He has published several research articles in various international journals. Ekta Selarka obtained a bachelor's degree in Electrical Engineering from Bhilai Institute of Technology, Bhilai, India, and a Ph.D. in Economics from Indira Gandhi Institute of Development Research (IGIDR), Mumbai. She is currently a faculty at the Madras School of Economics (MSE), Chennai, where she offers courses in financial economics, derivatives, market microstructure and financial programming using SAS, VBA and Matlab. Prior to joining MSE she worked as a research economist at IGIDR and as a risk analyst with GE Capital. Her research interests include corporate governance, ownership structure, capital market development and corporate performance. She has published in international journals such as Journal of Corporate Finance, and Emerging Markets Trade and Finance. She has received prestigious research grants from Indian Council of Social Science and Research (ICSSR) and UK-India Education and Research Initiative (UKIERI) through collaborations with researchers in India as well as abroad.

Inhalt
Corporate governance and corporate social responsibility - Introduction.- Corporate social responsibility around the world - Historical evolution, progress and role of corporate governance.- Corporate social responsibility and corporate Governance in India: Evolution, progress and current status of large companies.- Impact of corporate governance on corporate social responsibility in India - Empirical analysis.- Impact of corporate governance on corporate social responsibility: An empirical exploration using structural equation technique.