Corporate Social Responsibility

Topics:
Business Ethics
Tags:
Business Operations,
Corporate Governance,
Corporate Governance Framework,
Corporate Law,
Corporate Social Responsibility,
Leadership,
Management,
University Of Illinois
Source:
University of Illinois at Chicago

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Overview: Corporate Governance (CG) framework refers to set of laws, institutions, and practices evolved over time to control and coordinate the business and affairs of an organization. It consists of mechanisms to ensure that management’s actions are consistent with the interests of the stockholders. Organizations, world over, have a definitive responsibility towards society, in general. They are, in many ways, accountable and responsible for prevailing societal trends. They have to define their CG framework keeping in mind this accountability and responsibility. The paper discusses the issue of organizational social responsibility in detail. In this context, it examines some related cases.

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Format: HTML | Size: 85KB | Date: Jan 2003 | Pages: 31

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