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
Mandatory Corporate Social Responsibility By Indian Companies A Case Of Isomorphism Due To Social Need Or Regulation.pdf - Published Version
Download (711kB)
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 |
Downloads
Downloads per month over past year
Dimensions
Dimensions