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CORPORATE

SOCIAL
RESPONSIBILITY
AND
GOVERNANCE
Prepared by: Vanessa Antonette S. Laab
TOPICS THAT WILL BE DISCUSS…

01 03 05
CORPORATE SOCIAL
DEFINITION RESPONSIBILITY ROLE THEORITICAL
TO CORPORATE PERSPECTIVES
GOVERNANCE

04
02 06
CSR AND
CORPORATE STRATEGIES FOR
ROLE OF
CITIZENSHIP CSR
LEADERSHIP
CORPORATE SOCIAL RESPONSIBILITY
AND GOVERNANCE
The heart of corporate governance is
transparency, disclosure, accountability
and integrity.
Milton Friedman

“The conduct of business in accordance with


shareholders' desires, which generally is to make
as much money as possible, while conforming to
the basic rules of the society embodied in law
and local customs.”
Corporate or a
Corporation is derived
from Latin term “corpus“
which means a body.

The root of the word


Governance is from
“gubernate” which
means to steer.
When combined It is a set of system
procedures, policies, practices and
standards.
CORPORATE CITIZENSHIP:

Corporate citizenship refers


to a company’s responsibilities
toward society.
CORPORATE SOCIAL RESPONSIBILITY
ROLE TO CORPORATE GOVERNANCE

Corporate Social In contrast,


Responsibility (CSR) is Corporate
an expression of the
Governance is how
commitment a
corporate has with the a corporate
society/ environment responsibly governs
which it exists. itself.
SOCIALLY RESPONSIBLE LEADERSHIP

A socially responsible leader is


someone who understands that his or her
actions and decisions affect a wide variety
of stakeholders in their organization.
DISTINGUISHING LEADERSHIP FROM
MANAGEMENT

The important component of


corporate social responsibility beyond
stakeholder engagement is cultivating
leaders within the organization.
CSR AND THE ROLE OF LEADERSHIP:

1.) The strength of commitment and leadership


qualities of the CEO determines the directional growth
of an organization.

1.) The impact of the Board’s understanding of the


relevance of sustainability concerning strategy and
risk.
CSR AND THE ROLE OF LEADERSHIP:

3. ) A strong leadership team with diverse


skills is the key to attaining sustainable
development.
WHAT WE NEED FOR CORPORATE GOVERNANCE:

1. Corporate 4. Combating
Performance Corruption

2. Enhanced 5. Enhancing
Investor Trust Enterprise Valuation
Saturn the ringed one. A
gas giant, composed of
6.Reduced Risk of
3. Better Access to hydrogen and helium
Corporate Crisis and
Global Market Scandals
BENEFITS OF CORPORATE GOVERNANCE:
1. Good relationship
with customers and 4. Decision-Making
investors.

2. Corporate 5. Good Management


Reputation Practices
Saturn the ringed one. A
gas giant, composed of
hydrogen and helium
3. Degree of reliability 6. Benefits
THEORETICAL
PERSPECTIVES
(a) Agency (b) Shareholder (c) Stake (d) Stewardship
Theory Theory Holder Theory Theory

According to this
According to According to The word
theory, the company
this theory, this theory, it is is seen as an input- 'steward' means
managers act as the corporation output model and all a person who
the interest
'Agents' of the which is manages
groups which include
corporation. considered as creditors, another's
the property of employees, property or
customers, suppliers,
shareholders/ estate.
local-community and
stockholders. the government
Here are five strategies that socially
responsible companies are using today:

1. Promoting Healthy and Inclusive Workplace


Cultures.
2. Designing Goals with Measurable Impact.
3. Aligning Community Impact Goals with Business
Practices.
4. Socially Responsible Companies Leverage Their
Core Capabilities.
5. Soliciting Feedback and Engagement to Maximize
Stakeholder Value.
THANK YOU!
References:
• By Jeremy Bradley Corporate Social Responsibility & Ethical Leadership
https://smallbusiness.chron.com/responsible-objectives-companies-want-develop-socially-
73967.html

• By Mr. K.ThulasiveluBusiness Ethics, Corporate Social Responsibility and Governance

• https://www.valluricf.com/blog/uncategorized/csr-and-the-role-of-leadership/

• https://www.investopedia.com

• https://digitalmarketinginstitute.com/blog/corporate-16-brands-doing-corporate-social-
responsibility-successfully

• https://everfi.com/blog/community-engagement/socially-responsible-companies/

• Business Ethics, Corporate Social Responsibility and Governance by Mr. K.Thulasivelu

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