Please enable JavaScript.

Coggle requires JavaScript to display documents.

CORPORATE GOVERNANCE AND SOCIAL RESPONSIBILITY - Coggle Diagram

- - - - A. Responsibility and Contradiction between Corporate Governance and CSR
        
        CORPORATE GOVERNANCE
        
        Relate to profit maximization.
        
        Protection for the provided capital to the firm.
        
        The broadcast control mechanism within which a company.
        
        BETWEEN
        
        Fused into companies Corporate Governance practices.
        
        Focus in ethical business practices.
        
        Directly affect an organization's performance.
        
        Directly affect an organization's performance.
        
        CORPORATE SOCIAL RESPONSIBILITY
        
        Contrast profit maximization.
        
        Suggest a set of actions beneficial for external stakeholder.
        
        Based on self- governance(external legal and regulatory mechanisms )
- - - - Voluntary corporate social disclosure gives the public information regarding a company's activities that relate to the community.
        
        IV. Annual General Meeting (AGM)- Is a mandatory yearly gathering of a company's interested shareholders. At an AGM, the company's directors present a yearly report containing shareholders' information about its performance and strategy.
        
        Minutes of the previous meeting:The last year's AGM minutes must be presented and approved.
        
        Financial Statements: The company presents its annual financial statement to its shareholders for approval .
        
        Ratification of the director's actions: The shareholders approve and ratify ( or not ) the board of director's decisions over the previous year.This often includes the payment of a dividend.
        
        Election of the board of directors: The shareholders elect the board of directors for the upcoming year.
- - - - Employees of the company.
        
        Bondholders who own company- issued debt customers who may rely on the company to provide a particular good or service.
        
        A. Special Considerations
        
        The emergence of corporate social responsibility (CSR), a self- regulating business that helps a company be socially accountable to itself, its stakeholders, and the public, has encouraged companies to consider all stakeholders' interests. During their decision- making processes, for example, companies might consider their impact on the environment instead of making choices based solely on shareholders' interests. The general public is an external stakeholders now considered under CSR governance.
  - - - Have the right exercise vote and to affect the management of a company.
        
        Owners of the company, but they are not liable for the company debts.