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Palgrave Macmillan

Crony Capitalism in India

Establishing Robust Counteractive Institutional Frameworks

ISBN 9781137582867
Publication Date February 2016
Formats No other formats available
Publisher Palgrave Macmillan
Series Palgrave Studies in Indian Management

Crony Capitalism in India provides a comprehensive and scholarly examination of the important topic of crony capitalism, filling an important gap in the market. Bringing together experts from various backgrounds, it addresses the key underpinnings of this complex and multifarious issue. Given the emergent nature of the Indian economy, this book provides important information for decision makers in both government and business to help establish a robust institutional framework that is so desperately needed both in India and globally.

Naresh Khatri is Associate Professor at the Department of Health Management and Informatics, University of Missouri, US. Before joining the University of Missouri, he was a faculty in the Department of Strategic Management and Organization at the Nanyang Business School, Nanyang Technological University, Singapore. Dr Khatri has authored two scholarly books and published around 60 research articles and book chapters in various peer-reviewed journals. He is also the Senior Associate Editor of South Asian Journal of Global Business Research and the Associate Editor of IIMB Management Review. He is on the Editorial Board of Health Care Management Review, Journal of Hospital Administration, and Journal of Management and Public Policy.
Abhoy K Ojha is a Professor in Organizational Behaviour and Human Resources Management at the Indian Institute of Management, Bangalore, India. Prior to joining IIMB he was Assistant Professor at Laurentian University, Sudbury, Canada and worked as an engineer in the Bombay Division of the Oil and Natural Gas Commission. Abhoy has been a member of many professional bodies including the Academy of Management, Administrative Sciences Association of Canada and Indian Academy of Management, and on editorial boards of journals including IIMB Management Review and South Asian Journal of Global Business Research. He has also undertaken several consulting and training assignments in the private sector as well as in the government and public sector.

1. Definitions of Cronyism, Corruption, and Crony Capitalism; Naresh Khatri
2. Khatri, N. and Tsang, E.W.K. 2003. Antecedents and consequences of cronyism in organizations. Journal of Business Ethics, 43: 289-303. (With Permission from Springer)
3. Khatri, N., Tsang, E.W.K., and Begley, T. 2006. Cronyism: A cross-cultural analysis. Journal of International Business Studies, 37(1): 61-75.
(With Permission from Palgrave)
4. Indian Economic Philosophy and Crony Capitalism
(Naresh Khatri, University of Missouri, Columbia, Missouri, USA and Abhoy K. Ojha, Indian Institute of Management, Bangalore, India)
Chapter 5: Crony Capitalism in India: Including the Institutional Context to Understand and Counter It
(Abhoy K. Ojha, Indian Institute of Management, Bangalore, India)
Chapter 6: Cultural Correlates of Crony Capitalism in India
(Tejinder K. Billing and Andrea Farro, Rowan University, Glassboro, New Jersey, USA)
Chapter 7: Crony Capitalism and India's Political System
(Rajeev Gowda, Member of Parliament, Rajya Sabha and Nandan Sharalaya, Parliamentary Analysis Space, India)
Chapter 8: Crony Capitalism and Family Oligarchies in India
(Arup Varma, Loyola University, Chicago; Biyun Hu, Temple University, Philadelphia; and Lisa Bloomquist, Price Waterhouse Coopers, Chicago, Illinois, USA)
Chapter 9: Indian Administrative Service and Crony Capitalism
(Vishal Gupta, Indian Institute of Management, Ahmedabad, India)
Chapter 10: Indian Judiciary and Enforceable Measures against Crony Capitalism
(Anil B. Suraj, Indian Institute of Management, Bangalore, India)


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