Corporate Social Responsibility in India: Law, Regulation and Politics

The book explores how the influence by the corporate sector in the economic interactions globally leads to the international governance framework pertaining to CSR, that is primarily based on soft law attributes. Such international soft law regime uniquely influences the way the legal regime around CSR has shaped up in India. Through innovative methodology, the analysis of regulatory space and instruments and the structural framework construe the relationship between state and corporate sectors. It is necessary to investigate the two-fold relationship of state and corporate actors. The book takes up a regulatory, institutional and socio-political investigations through studying the case of CSR in India in the backdrop of the transformations taking place in national arena, its international inspirations and resulting regulatory model that evolve.

How the existing regulatory space is affected? What are the implications on the regulatory instruments? The pursuit of the answers would also involve investigation of questions as to how the state-corporate relationship constructed, construed and conducted post state’s ratification of CSR. What are the reasons of such changes? What implications do the role of politics and corporate strategies have on the renewed interest in CSR? The book deals with these aforementioned aspects. This scholarly work synthesizes political, economic and legal aspects of the role of the state and corporate sector with narrowly defined focus of CSR which has the ability to provide a comprehensive broad-brushed account of the larger framework.

Dr. Shuchi Bharti does research work on assessing the Regulatory and Governance aspects of the Indian case of Corporate Social Responsibility. She has worked in the Corporate Social Responsibility Advisory Services in KPMG and EY from the years 2008-2011. She has completed her doctoral research from the Centre for the Study of Law and Governance and has taught at multiple institutions. Her research interest is multi-pronged approach in the field of Corporate Social Responsibility as to understand the motivation and theoretical underpinning of the act and philosophy of giving and how that manifests in the regulatory governance behaviour.