International Journal of Education and Management Studies

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Revisiting the Purpose of Corporate Social Responsibility from the Lens of Dharma


Affiliations
1 Indian Institute of Management Indore, Madhya Pradesh, India
2 Department of Agricultural Communication G. B. Pant University of Agriculture & Technology Pantnagar, Uttarakhand, India
     

   Subscribe/Renew Journal


Though the modern conceptualization and evolution of corporate social responsibility has spread its ischolar_mains far and wide in an explicit manner, the Indian scriptures have always called for a consideration of broader social responsibility in individual action. Infact, the concept of Dharma is expansive to an extent that it contemplates the innate characteristics of not only human beings rather all the entities of this universe. With Dharma as the core principle governing the functioning of Indian society in ancient times, the nation never faced any need of explicit rules of corporate social responsibility. All individuals indulged in actions that were deemed appropriate for the individual, organizational, societal, national, and universal well-being. In present context, if the concept of Dharma can be highlighted and brought to practice again, then it will raise new possibilities for business organizations. An integrative and holistic approach would be possible for business organizations which will deem profitability along with prosperity for all stakeholders in a natural way.

Keywords

Corporate Social Responsibility, Dharma, Indian Society.
Subscription Login to verify subscription
User
Notifications
Font Size


  • Berger, R., & Herstein, R. (2014). The evolution of business ethics in India. InternationalJournal of Social Economics, 41(11), 1073-1086.

  • Bhasin,M. L. (2010). Dharma, corporate governance and transparency: An overview of the Asian markets. InternationalJournal of Business and Management, 5(6), 56-73.

  • Billimoria, P. (1991). Indian ethics. In P. Singer (Ed.), Blackwell companion to ethics. Oxford: Blackwell Publications.

  • Bowen, H. R. (1953). Social responsibilities of the businessman (No. 3). New York: Harper

  • Carroll, A. B. (1979). A three-dimensional conceptual model of corporate performance. Academy of Management Review, 4(4), 497-505.

  • Carroll, A. B. (1991). The pyramid of corporate social responsibility: Toward the moral management of organizational stakeholders. Business Horizons, 34(4), 39-48.

  • Carroll, A. B. (1999). Corporate social responsibility: Evolution of a definitional construct. Business and Society, 38(3), 268-295.

  • Chattopadhyay, C. (2012). Indian philosophy and business ethics: Areview. Advances in Management and Applied Economics, 2(3), 111-123.

  • Creel, A. B. (1975). The re-examination of"Dharma" in Hindu ethics. Philosophy East and West, 25(2), 161-173.

  • Davis, K. (1960). Can business afford to ignore social responsibilities? California Management Review, 2(3), 70-76.

  • Dhand, A. (2002). The Dharma of ethics, the ethics ofDharma: Quizzing the ideals of Hinduism. Journal ofReligious Ethics, 30(3), 347-372.

  • Eells, R. S. F.,& Walton, C. C. (1969). Conceptual foundations of business. Burr Ridge: Irwin.

  • Garriga, E., & Mele, D. (2004). Corporate social responsibility theories: Mapping the territory. Journal of Business Ethics, 53( 1), 51 -71.

  • Jackson, K. T (1999). Spirituality as a foundation for freedom and creative imagination in international business ethics. Journal of Business Ethics, 19(1), 61-70.

  • Jones, T. M. (1980). Corporate social responsibility revisited, redefined. California Management Review, 22(3), 59-67.

  • Marten, D., & Crane, A. (2005). Corporate citizenship: Toward an extended theoretical conceptualization. Academy of Management Review, 30(1), 166-179.

  • Midttun, A. (2005). CSR: Realigning roles and boundaries between government business and civil society. Journal of Corporate Governance, 5(3), 159-174.

  • Narasimhan, N., Bhaskar, K., & Prakhya, S. (2010). Existential beliefs and values. Journal of Business Ethics, 96(3), 369-382.

  • Pandey, A., & Gupta, R. K. (2008). Aperspective of collective consciousness of business organizations. Journal of Business Ethics, 80(4), 889-898.

  • Rajeev, P. (2007). Wisdom from ancient Indian philosophy for the corporate world. International Management Review, 3(1), 72-81.

  • Sethi, S. P. (1975). Dimensions of corporate social performance: An analytical framework. California Management Review, 17(3), 58-64.

  • Srinivasan, V. (2011). Business ethics in the south and south east Asia. Journal of Business Ethics, 104(1), 73-81.

  • Thite, M. (2013). Ethics and human resource management and development in a global context: Case study of an Indian multinational. Human Resource Development International, 16(1), 106-115.

  • Walton, C. C. (1967). Corporate social responsibilities. Belmont: Wadsworth Publishing Company.


Abstract Views: 281

PDF Views: 3




  • Revisiting the Purpose of Corporate Social Responsibility from the Lens of Dharma

Abstract Views: 281  |  PDF Views: 3

Authors

Shweta Gupta
Indian Institute of Management Indore, Madhya Pradesh, India
Shivendra K. Kashyap
Department of Agricultural Communication G. B. Pant University of Agriculture & Technology Pantnagar, Uttarakhand, India

Abstract


Though the modern conceptualization and evolution of corporate social responsibility has spread its ischolar_mains far and wide in an explicit manner, the Indian scriptures have always called for a consideration of broader social responsibility in individual action. Infact, the concept of Dharma is expansive to an extent that it contemplates the innate characteristics of not only human beings rather all the entities of this universe. With Dharma as the core principle governing the functioning of Indian society in ancient times, the nation never faced any need of explicit rules of corporate social responsibility. All individuals indulged in actions that were deemed appropriate for the individual, organizational, societal, national, and universal well-being. In present context, if the concept of Dharma can be highlighted and brought to practice again, then it will raise new possibilities for business organizations. An integrative and holistic approach would be possible for business organizations which will deem profitability along with prosperity for all stakeholders in a natural way.

Keywords


Corporate Social Responsibility, Dharma, Indian Society.

References