Corporate Governance and Corporate Social Responsibility: Good Practices and Prospects
Abstract:
Corporate governance and corporate social
responsibility (CSR) are two critical elements of modern business practices that
have gained significant attention in recent years. The relationship between these
two concepts has become increasingly important as organizations face growing pressure
from stakeholders to not only perform economically but also to act in a socially
responsible manner. The purpose of this research topic is to explore the good practices
and prospects of corporate governance and CSR. The study examined the various approaches
and methods used by organizations to ensure effective corporate governance and implement
meaningful CSR programs. It also considered the challenges faced by organizations
in balancing these two objectives and the role of stakeholders in promoting responsible
corporate behavior. The findings of this research provide valuable insights into
the current state of corporate governance and CSR and offer recommendations for
future improvements and developments in these areas.
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