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CSR should contribute to the national agenda in emerging economies - the ‘Chatterjee Model’

Author

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  • Bhaskar Chatterjee

    (Indian Institute of Corporate Affairs)

  • Nayan Mitra

    (Developmental Consultant)

Abstract

Emerging economies face a plethora of social, economic and environmental issues. On the one hand, these have adverse effects that negatively impact the overall development of such economies; and on the other, they offer challenges which when addressed, help these economies to chart a course of integrated and inclusive growth, thus providing them with an opportunity for national development. India is no different. It has rural Bharat on one side that is steeped in illiteracy, poverty on the one hand and, a literate, rich, glitzy, corporate, urban India on the other; thereby fortifying the predicaments of an emerging nation. This paper, through an analysis of the socio-economic dilemmas and challenges of an emerging nation like that of India and scrutinizing the roles and responsibilities of Corporations to combat such a quandary through CSR, introduces the ‘Chatterjee Model,’ that urges, from a policy-maker’s point of view, that CSR should contribute to the national agenda of a country, helping it to accelerate its transition from an emerging to a developed nation.

Suggested Citation

  • Bhaskar Chatterjee & Nayan Mitra, 2017. "CSR should contribute to the national agenda in emerging economies - the ‘Chatterjee Model’," International Journal of Corporate Social Responsibility, Springer, vol. 2(1), pages 1-11, December.
    • Handle: RePEc:spr:ijocsr:v:2:y:2017:i:1:d:10.1186_s40991-017-0012-1
    DOI: 10.1186/s40991-017-0012-1
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    References listed on IDEAS

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    Cited by:

    1. Nayan Mitra & Asif Akhtar & Ananda Das Gupta, 2018. "Communicating Corporate Social Responsibility in the post mandate period: Evidence from India," International Journal of Corporate Social Responsibility, Springer, vol. 3(1), pages 1-16, December.
    2. Vasiliki A. Basdekidou & Artemis A. Styliadou, 2017. "Corporate Social Responsibility & Market Volatility: Relationship and Trading Opportunities," International Business Research, Canadian Center of Science and Education, vol. 10(5), pages 1-12, May.
    3. Richard Kwasi Boso & Sam K. Afrane & Daniel K. B. Inkoom, 2017. "Motivations for providing CSR-mediated initiatives in mining communities of Ghana: a multiple-case study," International Journal of Corporate Social Responsibility, Springer, vol. 2(1), pages 1-15, December.
    4. Nayan Mitra, 2021. "Impact of strategic management, corporate social responsibility on firm performance in the post mandate period: evidence from India," International Journal of Corporate Social Responsibility, Springer, vol. 6(1), pages 1-15, December.
    5. Rahul Singh Gautam & Venkata Mrudula Bhimavarapu & Shailesh Rastogi & Jyoti Mehndiratta Kappal & Hitesh Patole & Aman Pushp, 2023. "Corporate Social Responsibility Funding and Its Impact on India’s Sustainable Development: Using the Poverty Score as a Moderator," JRFM, MDPI, vol. 16(2), pages 1-12, February.
    6. Anushree Poddar & Sapna A. Narula & Ambika Zutshi, 2019. "A study of corporate social responsibility practices of the top Bombay Stock Exchange 500 companies in India and their alignment with the Sustainable Development Goals," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(6), pages 1184-1205, November.
    7. Nicole Rigillo, 2022. "“Islands of excellence”: On the emergence of corporate socials in India," Economic Anthropology, Wiley Blackwell, vol. 9(1), pages 99-111, January.
    8. Farida Saleem & Saiqa Saddiqa Qureshi & Muhammad Imran Malik, 2021. "Impact of Environmental Orientation on Proactive and Reactive Environmental Strategies: Mediating Role of Business Environmental Commitment," Sustainability, MDPI, vol. 13(15), pages 1-16, July.
    9. Khan, Majid & Lockhart, James & Bathurst, Ralph, 2021. "The institutional analysis of CSR: Learnings from an emerging country," Emerging Markets Review, Elsevier, vol. 46(C).
    10. Mai, Nhat Chi, 2021. "Corporate Social Responsibility in Small and Medium Enterprises in Vietnam," OSF Preprints acdm6, Center for Open Science.

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