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CORPORATE GOVERNANCE AND SOCIAL RESPOSIBILITIES - Coggle Diagram
CORPORATE GOVERNANCE AND SOCIAL
RESPOSIBILITIES
ANNUAL GENERAL MEETING
MINUTES OF THE PREVIOUS MEETING
FINANCIAL STATEMENT
RATIFICATION OF THE DIRECTORS ACTIONS
ELECTION OF THE BOARD OF DIRECTORS
STAKEHOLDER VS SHAREHOLDER
SHAREHOLDER
OWNSER OF THE COMPANY BUT THEY ARE NOT LIABLE
A SHAREHOLDER MIGHT BE AN INDIVIDUAL INVESTORS
HAVE RIGHTS TO EXERCISE VOTE AND TO AFFECT
CAN BE INDIVIDUAL COMPANY OR INSTITUTION
STAKEHOLDER
PROVIDE A PARTICULAR GOOD SERVICE
CUSTOMERS WHO MAY RELY ON THE COMPANY
EMPLOYEES OF THE COMPANY
OWNERS AND SHAREHOLDERS
DIFINITION
RELATIONSHIP AND CONTRADICTION BETWEEN CORPORATE GOVERNANCE AND CSR
CORPORATE SOCIAL RESPONSIBILITY
BASED ON SELF GOVERNANCE
EXTERNAL LEGAL
STAKEHOLDER
AND REGULATOR
EXTERNAL
MECHANISM
BENEFICIAL FOR
OF ACTIONS
SUGEST A SET
MAXIMIZATION
CONTRAST PROFIT
CORPORATE GOVERNANCE
CAPITAL TO THE
FIRM
THE PROVIDER
THE BROADCAST
PROTECTION FOR
COMPAN
MAXIMIZATION
RELATED TO PROFIT
CSR DISCLOSURE
REASON FOR CSR DISCLOSURE
VOLUNTARY CORPORATE SOCIAL DISCLOSURE GIVE THE PUBLIC INFORMATION REGARDING A COMPANYS ACTIVITES
RELATE TO THE COMMUNITY
AS POLITICAL OR SOCIETY COSTS (FIDEL ET AL. 2001)
THE COMPANY WOULD HAVE A BETTER REPUTATION WCHICH WOULD INCREASE ITS CHANCES TO SECURE CONTRACTS
POTENTIAL COSTS ARISING FROM THE FIRMS INTERACTION AND ITS NATURAL SOCIETAL ENVIRONMENT REFERED TO
FROM THE GOVERMENT AS IT SEEN AS SOCIAL RESPONSIBLE
BY DISCLOSING INFORMATION ON THEIR SOCIAL AND ENVIRONMENTAL PERFORMNANCE FIRMS WANT TO MINIMIZE
CORPORATE SOCIAL RESPONSIBILITES MAY BE ABLE TO STENGTHEN STAKEHOLDER RELATONS AS REPORTING PROMOTES
REASON FOR CSR DISCLOSURE
CORPORATE TRANPARENCY AND INSTILLS GRATER CONFIDENCE AND TRUST