Application of Mandatory Corporate Social Responsibility (CSR) in India- Carrot and Stick Approach -

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India became the first country to mandate corporate social responsibility by law, promoting accountability among corporations.
The Absolute Liability theory established by judicial rulings addresses environmental issues caused by corporate activities.
The implementation of mandatory CSR in India raises concerns about potential corruption in government-corporate relations.
Discussion on whether CSR should be mandatory or voluntary highlights the need for effective enforcement and compliance penalties.

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Analysis of mandatory CSR mandates in India reveals significant implications for environmental accountability and corruption issues.

Garg et al. (2025) studied this question.

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