Mandatory Corporate Social Responsibility By Indian Companies: A Case of Isomorphism Due to Social Need or Regulation?

Kumar, Chitresh and Ganguly, Anirban (2024) Mandatory Corporate Social Responsibility By Indian Companies: A Case of Isomorphism Due to Social Need or Regulation? Business Performance Review, 2 (1). pp. 33-47. ISSN 3005-6810

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Abstract

The study proposes a framework to establish the isomorphic nature of corporate social responsibility (CSR) expenditure for Indian companies. Isomorphism in NIFTY-50 companies of India was analysed using the Herfindahl-Hirschman Index (HHI) and Shannon-Weiner Index (SWI). This was followed by a qualitative study of six organisations as a case study and an analysis of interviews with 29 managers of different organisations involved in CSR practices. NIFTY-50 companies were found to be isomorphic. A study of six group companies and the analysis of interviews of 29 CSR business managers, found that isomorphism in Indian companies can be termed as long-term social legitimacy-seeking behaviour. A company’s relationship with society shifts from seeking internal and external legitimacy to having a symbiotic relationship with society. In the long-term, the company uses its CSR to seek legitimacy at all levels (from the grass-root level community to the highest level of state actors). The study was done for the pre-COVID-19 financial years starting 2014–2015.

Item Type: Article
Keywords: Corporate Social Responsibility | CSR | Sustainable CSR | Isomorphism | Institutional Theory | NIFTY-50, India | HerfindahlHirschman Index | Shannon-Weiner Index
Subjects: Social Sciences and humanities > Business, Management and Accounting > Strategy and Management
JGU School/Centre: Jindal Global Business School
Depositing User: Mr. Luckey Pathan
Date Deposited: 03 Nov 2025 12:47
Last Modified: 03 Nov 2025 12:47
Official URL: https://doi.org/10.22495/bprv2i1p3
URI: https://pure.jgu.edu.in/id/eprint/10318

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