The Relationship between Corporate Governance and Corporate Social Responsibility
The Relationship between Corporate Governance and Corporate Social Responsibility
Author(s): Mirela-Oana PinteaSubject(s): Economy
Published by: Alma Mater & Universitatea »Babes Bolyai« Cluj - Facultatea de St. Economice si Gestiunea Afacerilor
Keywords: corporate governance; corporate social responsibility; globalization; sustainability
Summary/Abstract: Globalization currently leads a radical change in the corporate landscape as nowadays, to achieve success in business, companies must be aware that the social and environmental effects of their activities affect stakeholders and especially shareholders. So, the implementation of corporate governance practices is seen as a way to improve economic dynamism, thereby improving overall economic performance. Through this study we try to establish what type of relationship is between corporate governance (CG) and corporate social responsibility (CSR). Is corporate social responsibility a part of corporate governance or is the vice-versa? The starting point will be the definitions of the two terms in discussion that have in common the fact that both are related to company’s management practices.
Journal: Review of Economic Studies and Research Virgil Madgearu
- Issue Year: VIII/2015
- Issue No: 1
- Page Range: 91-108
- Page Count: 18
- Language: English
- Content File-PDF