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Corporate Governance and Social Responsibility - Coggle Diagram
Corporate Governance and Social Responsibility
CORPORATE
GOVERNANCE
Related to profit maximization
Protection for the provided capital to the firm
The broadest control mechanism within which a company.
Corporate governance is concerned with balancing economic and social goals and between
individuals and communal goals.
shareholder
Can be individual, company, or institution that owns at least one share of the company
Have the right to exercise vote and to affect the management of the company
For private companies, sole proprietorships.
and partnerships, the owners are responsible for their obligations.
Owners of the company, but they are not liable for the company debts.
stakeholder
Bondholders who own company-issued debt
Employees of the company
Owners and shareholders
Customers who can rely on the company to provide
a particular good and service
Bound to the company for a long term and reason
for the greater need
Corporate social responsibility is concerned with treating the firm's stakeholders ethically or in an
socially responsible manner
CORPORATE SOCIAL
RESPONSIBILITY
Contrast profit maximization
suggest a set of actions beneficial for external
stakeholder
Base on the self-governance (eternal legal and
regulatory mechanisms.
A shareholders might be an individual investor
CSR DISCLOSURE