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Entrepreneurship, corporate governance and Indian business elites

Entrepreneurship, corporate governance and Indian business elites
Entrepreneurship, corporate governance and Indian business elites
Despite the rhetoric of borderless transnational corporations driven by the homogenising trends in globalisation, nation states and national identities continue to play an important role in structuring national managerial mentalities and dispositions. In this paper, we examine the entrepreneurial spirit of Indian industrialists and the emerging importance of corporate governance for globalising Indian businesses. We argue that corporate governance regimes and the entrepreneurialism exhibited within a national context are, to a considerable degree, self referring, being supported and informed by pre-existing social structures, norms and practices. We explore the corporate lives and careers of the directors of the SENSEX (top 30) companies from a practice perspective, and show that corporate governance and entrepreneurialism emerge as mediating symbolic forms embedding national values, institutional practices, and individual dispositions. The data and arguments presented in this paper stem from a larger, ongoing study into entrepreneurship, corporate governance, and Indian business elites; our preliminary analysis suggests a complex web of connections between these social elements.
1753-0806
9-27
Nayak, Ajit
215d7e25-0bc4-44ff-a015-5daf887604df
Maclean, Mairi
f4bdf534-df05-4b49-9efb-60b2c4ebc2a2
Harvey, Charles
b80b7015-9648-4149-b488-a452778481d1
Chia, Robert
beca64f1-27dd-4d12-b18c-91bb044d92a9
Nayak, Ajit
215d7e25-0bc4-44ff-a015-5daf887604df
Maclean, Mairi
f4bdf534-df05-4b49-9efb-60b2c4ebc2a2
Harvey, Charles
b80b7015-9648-4149-b488-a452778481d1
Chia, Robert
beca64f1-27dd-4d12-b18c-91bb044d92a9

Nayak, Ajit, Maclean, Mairi, Harvey, Charles and Chia, Robert (2007) Entrepreneurship, corporate governance and Indian business elites. International Journal of Indian Culture and Business Management, 1 (1/2), 9-27. (doi:10.1504/IJICBM.2007.014468).

Record type: Article

Abstract

Despite the rhetoric of borderless transnational corporations driven by the homogenising trends in globalisation, nation states and national identities continue to play an important role in structuring national managerial mentalities and dispositions. In this paper, we examine the entrepreneurial spirit of Indian industrialists and the emerging importance of corporate governance for globalising Indian businesses. We argue that corporate governance regimes and the entrepreneurialism exhibited within a national context are, to a considerable degree, self referring, being supported and informed by pre-existing social structures, norms and practices. We explore the corporate lives and careers of the directors of the SENSEX (top 30) companies from a practice perspective, and show that corporate governance and entrepreneurialism emerge as mediating symbolic forms embedding national values, institutional practices, and individual dispositions. The data and arguments presented in this paper stem from a larger, ongoing study into entrepreneurship, corporate governance, and Indian business elites; our preliminary analysis suggests a complex web of connections between these social elements.

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Published date: 2007

Identifiers

Local EPrints ID: 427971
URI: http://eprints.soton.ac.uk/id/eprint/427971
ISSN: 1753-0806
PURE UUID: 6927362f-f3ee-4f6d-9d91-c2cca99605e7
ORCID for Ajit Nayak: ORCID iD orcid.org/0000-0003-3253-7120

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Date deposited: 06 Feb 2019 17:30
Last modified: 12 Dec 2021 04:26

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Contributors

Author: Ajit Nayak ORCID iD
Author: Mairi Maclean
Author: Charles Harvey
Author: Robert Chia

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