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Corporate Governance and Corporate Social Responsibility - Coggle…
Corporate Governance
and
Corporate Social
Responsibility
In contrast, profit maximization is a strategy that seeks to maximize profits.
There is no attempt to enlist the help of stakeholders. CSR strategy buy-in from customers or employees
Participating in charitable activities
Participating in volunteer work
Concerned about how the firm's stakeholders should be treated ethically or in a socially responsible manner
Execute the plan
Integrate sustainability into the core of the company's business
Start with the strategy to establish a long-term business.
Create value through reporting
Accountability and responsibilities should be made easier.
Accountability and responsibilities should be made easier.
Stakeholder confidence
Policy on integrated business management
Performance that is both efficient and effective
Buying things that are made in a fair trade environment.
Customer trust is gained through CSR initiatives such as social change.
Environmentally friendly corporate policies
Investments that are both socially and environmentally aware
Inclusion, diversity, and equity
Labor policies that are more favorable