BBA 3rd Year ( Semester 6) Unit - 3 Corporate governance and Corporate social responsibility
Corporate governance and Corporate social responsibility -Introduction, Early roots of corporate social responsibility. Does corporate social responsibility improve financial performance? Sustainability and a stakeholder perspective. The Criticism of Corporate Social Responsibility. Sustainability reporting Introduction Corporate Governance (CG) and Corporate Social Responsibility (CSR) are integral concepts in the modern business landscape, shaping how companies are directed and managed (CG) and how they impact society and the environment (CSR). CG refers to the systems, principles, and processes by which companies are governed, ensuring accountability, fairness, and transparency in a company's relationship with its stakeholders. CSR, on the other hand, encompasses the initiatives a company undertakes to manage its social, environmental, and economic effects on society responsibly. Early Roots of Corporate Social Responsibility The concept of CSR can be traced back to...