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Final Exam-Social Responsibility and Good Governance - Analiza Pelovello
Final Exam-Social Responsibility and Good Governance - Analiza Pelovello
Andrews Campus
Graduate School
Master in Business Administration
Social Responsibility and Good Governance
Final Exam – June 8, 2022
Yes, because company’s social responsibility includes going green, basic human
rights, creating a philanthropic legacy, joining the growing number of
organizations commiting to positive change locally, socially and globally. To
ensure the goals, businesses are implementing social responsibility programs
aimed to align values with their daily operations.
In good governance the board of directors are accountable to its employees and
community and community members for overseeing the management of the
business affairs of the company, proper oversight of management compensation
and ethical compliance. However, it also means keeping things in perspective
when management is performing competently, in pertinent areas. There is no
question that this will require changes in law to incorporate a more substantive
perspective. With the new focus on governance as a key tool of social policy, one
hopes that doctrine will evolve to change the emphasis to where it needs to be
for the field to drive beneficial social change. Because accountability goes hand
in hand with responsibility.