Chapter 9
1. IndiaInc, “Corporate Social Responsibility,” available at www.india-inc.in/csr.html
2. Adam Smith, An Inquiry Into the Nature and Causes of Wealth of Nations (New York: Random House/ Modern Library, 1937).
3. Milton Friedman, Capitalism and Freedom (Chicago, IL: University of Chicago Press, 1962).
4. Milton Friedman, “The Social Responsibility of Business Is to Increase Its Profits,” New York Times Magazine, 13 September 1970.
5. A. C. Fernando, Corporate Governance, Principles, Policies and Practices (New Delhi: Pearson Education, 2006).
6. Ibid.
7. A. C. Fernando, “Business Ethics” 2005, unpublished PPT, Chennai: LIBA.
8. Harsh Shrivastava and Shankar Venkateswaran, The Business of Social Responsibility—The Why, Where and How of Social Responsibility of India (Bangalore: Books for Change, 2001).
9. Richard Holme and Phil Watts, “Corporate Social Responsibility: Making Good Business Sense,” World Business Council for Sustainable Development, January 2000, available at www.wbcsd.org/DocRoot/IunSPdIKvmYH5HjbN4XC/csr2000.pdf
10. See Note 10.
11. ICFAI, “Corporate Social Responsibilities—Cases,” 2007, available at www.iupindia.org/books/Corp.socialResposibility_ov.asp
12. A. C. Fernando, “Background Paper on CSR as a Business Strategy for Sustainable Development,” FICCI, Tamil Nadu State Council, 15 November 2006, Chennai.
13. Laura P. Hartman and Abha Chatterjee, Perspectives in Business Ethics (New Delhi: Tata McGraw Hill, 2007).
14. Manmohan Singh, “PM’s Address at ASSOCHAM’s J. R. D. Tata Birth Centenary Celebration,” 24 August 2004, available at http://pmindia.nic.in/speech/content.asp?id=12
15. Oscan Group, available at http://www.oscangroup.com/website/academy.html
16. H. R. Bowen, Social Responsibilities of the Businessman (New York: Harper, 1953).
17. A. B. Carrol, ed., Managing Corporate Social Responsibility (Boston, MA: Little, Brown and Company, 1977).
18. Mineral Resources Forum, “Corporate Social Responsibility,” available at www.natural-resources.org/minerals/csr/index.htm
19. John Kay and Aubrey Silberston, “Corporate Governance,” National Institute Economic Review (Vol. 153, No. 1, 1995): 84–107.
20. See Note 5.
21. Ibid.
22. A. C. Fernando, “CSR as a Business Strategy for Sustainable Development,” Erudition—The Albertian Journal of Management, January 2007, 67–71.
23. See Note 4.
24. See Note 5.
25. William B. Werther, Jr. and David Chandler, Strategic Corporate Social Responsibility, Stakeholders in a Global Environment (Thousand oaks, CA: Sage Publications, 2006).
26. “Budding Benefactors, A Special Report on Corporate Social Responsibility,” The Economic Times, New Delhi, 8 November 2004
27. Esther Ortiz Martinez and Donald Crowther, “Corporate Social Responsibility Creates an Environment for Business Success,” Representations of Social Responsibility (Vol. I, 2005), ICFAI University Press, Hyderabad.
28. Lewis Green, “Mom Always Said Be Good, and She Meant It,” bizsolutionsplus Features Solutions to Grow Your Business 21 March 2007, available at http://lgbusinesssolutions.typepad.com/solutions_to_ grow_your_bu/2007/03/mom_always_said.html
29. Paul Rogerson, “Do More for Society,” The Herald, February 2007, available at www.theherald.co.uk/misc/print.php?artid=1173887
30. CSR Europe, “CSR Facts and Figures,” available at www.csreurope.org/aboutus/CSRfactsandfigures_page397.aspx
31. J. R. D. Tata, “Inaugural Speech,” Tata Foundation for Business Ethics, Jamshedpur: XLRI, 1991.
32. K. N. Arun, “A Double Honour for India,” The New Indian Express, Chennai, 18 August 2007.
33. “CSR is Selfish, Corporates That Care, A Special Feature on Corporate Social Responsibility,” The Economic Times, 18 January 2006.
34. See Note 8.
35. Fr. Peter Hans Kolvenbach, “Fifth J. R. D. Tata Oration on Business Ethics,” Jamshedpur, 18 October 1995.
36. Fr. Paul De La Gueriviere, S. J. and Fr. Louis Xavier, S. J., Social Responsibility of Business (Chennai: LIBA Publication, 1996).
37. A. C. Fernando, “Corporate Governance: Time for a Metamorphosis,” The Hindu Business Review, 9 July 1997.
38. See Note 5.
39. Global TrustMark Alliance, “Resources International,” 2004, available at www.globaltrustmarkalliance.org/resources/intl.asp
40. Leon H. Sullivan, “The Principles—The Global Sullivan Principles,” Leon H. Sullivan Foundation, 2005, available at www.thesullivanfoundation.org/gsp/principles/gsp/default.asp
41. Keidanren, “Keidanren Charter for Good Corporate Behaviour,” Japan Federation of Economic Organizations, 17 December 1996, available at www.keidanren.or.jp/english/policy/pol052.html
42. Yoshiaki Kodaki, “Corporate Social Responsibility: A Competitive Tool for Corporate Excellence” BEACON, An International Conference on Business Ethics, Corporate Governance and Corporate Social Responsibility, 15–16 March 2007, Chennai: LIBA.
* GRI is an independent institution to develop and disseminate Sustainability Reporting Guidelines. It is an official collaborating centre of the United Nations Environment Program (UNEP) and works in cooperation with former UN Secretary General Kofi Annan’s Global Compact.
43. United Nations Development Programme, The British Council, Confederation of Indian Industry and PriceWaterhouseCoopers, Corporate Social Responsibility Survey 2002—India (India: UNDP/BC/CII/ PwC, 2002)
44. Rita Kumar, David F. Murphy and Viraal Balsari, “Altered Images: The 2001 State of Corporate Responsibility in India Poll,” 2001, available at http://terieurope.org/docs/CSR-India.pdf
45. C. L. Ramakrishna’s PPT on Business Ethics, unpublished, LIBA, Chennai, 2004.
46. See Note 7.
47. Ibid.
48. N. Vittal (2001) “Challenges before the anti-corruption agencies on combating corruption” Speech delivered at Sardar Patel National Police Academy[online document] available at http://cvc.nic.in/vscvc/cvcspeeches/sp2jun01.pdf pg 2
49. Hasan Suroor, “In Great Britain, No News Is Good News,” 1 November 2007, The Hindu.
50. N. Vittal, “Challenges Before the Anti-Corruption Agencies on Combating Corruption,” Speech delivered at Sardar Patel National Police Academy, 2001, available at http://cvc.nic.in/vscvc/cvcspeeches/sp2jun01.pdf
51. Ibid.
52. See Note 26.
53. See Note 35.
* The author acknowledges gratefully the basic inputs provided by his EPGDBM students B. Ganesan, G. Karunakaran, K. Venkadesh and G. S. Venkatesh Kumar.
1. ICFAI University’s ICMR Business Strategy Case Study, 2002, available at www.icmr.icfai.org/casestudies/catalogue/Business%20Strategy1/Dr%20Reddy’s%20New%20Corporate%20Identity.htm#Background%20Note
2. Ibid.
3. “Dr. Reddy’s Plans Europe Buys,” Reuters, Business Standard, Chennai, 13 September 2006.
4. “Dr Reddy’s, Clin Tec in Pact for Anti-Cancer Compound,” Economic Times, Chennai, 28 September 2006.
5. “Dr Reddy’s Bets Big on Pharma Outsourcing,” Economic Times, Chennai, 21 September 2006.
6. Aasheesh Sharma, “Ready for the Challenge,” 8 January 2000, available at www.expressindia.com/fe/daily/20000108fsm02040.html
7. “Adecco, Dr. Reddy’s Join Hands to Train Rural Youth,” Business Standard, Chennai, 23 August 2006.
8. “Tatas, Dr. Reddy’s Join Hands,” Business Standard, 3 August 2006.
9. Deepti Reddy, Francine Ashok, Gayatri Shetty and Manju Narayanan, “Corporate Governance at Dr. Reddy’s,” Unpublished article, Chennai: LIBA, 2005.
10. Ibid.
11. C. R. Sukumar, “Suspended Diabetes Drug Trials: What’s in Store?,” The Hindu Business Line, 9 August 2002, available at www.blonnet.com/2002/08/09/stories/2002080902820100.htm