Corporate Governance: Principles, Policies and Practices, 3e

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Corporate Governance and CSR

Chapter Outline

• Introduction
• Definitions of Corporate Social Responsibility (CSR)
• Justification of CSR
• The Scope of Social Responsibility
• Social Responsibility and Indian Corporations

Introduction

Good corporate governance and corporate responsibility towards society are so inextricably interlinked that we cannot separate one from the other. If providing good governance to its stakeholders and the society at large is what is expected of a corporate, it is because business receives so much from the society that it is only appropriate that the corporate gives back to it at least something in return in the form of good governance. It is thus understood that good corporate governance itself is part and parcel of ...