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Centre for Responsible Business (CRB)

Concern for social responsibility of corporations has grown during last two decades. The issues related to responsible business are commonplace in the business press and a significant body of academic literature has developed around these issues. These areas of inquiry have attracted the attention of global scholarship in business schools across the world with a challenge to devise effective business practices leading to good corporate citizenship in rapidly transforming business landscape around the world. However, there is very scant theoretical attention paid to understanding why or why not corporations act in socially responsible ways. In fact, much of the literature on social responsibility has been more descriptive and normative in emphasis rather than based on sound theoretical and empirical research.

Objectives of the Center:

  • To carry out research on responsible business practices in corporate and state-owned enterprises;
  • To examine the corporate philanthropic practices in the family-owned businesses in large, medium, small and micro enterprises;
  • To study the role of strategic governance in promoting responsible business practices;
  • To design and deliver training programmes for corporate clients on responsible business practices and global standards;
  • To develop cases on issues related to corporate governance and social responsibility in emerging economies.