Corporate Responsibility: A New Challenge
Article from: OGEL 4 (2004), in Environmental, Social and Governance (ESG)
Summary
Corporate responsibility has now become an important factor for company CEOs and their management teams when planning their strategies and budgets. The goal is not only to maximise profit and thus serve their shareholders well, but also to get involved in activities that benefit other parties that include employees, customers, suppliers, creditors and the community. This coincidentally improves both management and corporation's image - a win-win situation. This paper deals with some of the main issues related to corporate responsibility. We will first mention how corporate ...