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Corporate governance is for the accountability to shareholders, corporate social responsibility is for the accountability to remaining other stakeholders.

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What is the difference between Corporate Social Responsibility and Corporate Citizenship?

The term "corporate social responsibility" and "corporate citizenship" are often used interchangeably. They are used to describe the idea of a business making a positive difference in the world.


Difference between corporate level strategies and business level strategies?

difference between business level strategy and corporate level strategy?


What is the difference between authority and responsibility in a business?

responsibility is that things which you must do


Where does personal responsibility end and corporate responsibility begin?

Personal responsibility typically encompasses individual actions and decisions, while corporate responsibility involves the obligations and ethical practices of a business towards its stakeholders, including employees, customers, and the community. The boundary between the two often blurs; individuals within a corporation must uphold personal accountability, but corporations also have a duty to create an environment that encourages ethical behavior and social responsibility. Ultimately, both aspects are interconnected, as personal choices can impact corporate practices and vice versa.


Where does corporate responsibility stop and personal responsibility begin?

Corporate responsibility typically encompasses the ethical obligations and social impact of a company's practices, including its effects on employees, consumers, and the environment. Personal responsibility, on the other hand, relates to individual actions and choices, reflecting one's values and ethics. The boundary between the two can blur; for instance, employees may feel responsible for upholding a company's values, while corporations might encourage personal accountability among their workforce. Ultimately, both realms intersect, as corporate policies can shape individual behaviors, and personal ethics can influence corporate culture.

Related Questions

What is the difference between social responsibility and corporate social responsibility?

The term "corporate social responsibility" and "corporate citizenship" are often used interchangeably. They are used to describe the idea of a business making a positive difference in the world.


What is the difference between Corporate Social Responsibility and Corporate Citizenship?

The term "corporate social responsibility" and "corporate citizenship" are often used interchangeably. They are used to describe the idea of a business making a positive difference in the world.


Difference between sme and corporate Clint?

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What are difference between democratic governance and good governance?

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According to Mr. Price’s Corporate Governance Report, they differentiate between governance and effective governance. Explain what these differences are?

Xnmxxx


What is the difference between business ethics and corporate governance?

Business ethics refers to the moral principles and values that guide the behavior of individuals in a business environment, while corporate governance refers to the system and structure in place to oversee and direct the actions of a company's management in order to protect the interests of stakeholders. Essentially, business ethics focuses on individual behavior and decision-making, while corporate governance focuses on the overall management and oversight of a company.


Explain relationship between financial and non-financial performance indicators in achieving corporate governance compliance?

relationship between financial and non-financial performance indicators in achieving corporate governance compliance.


What is difference between business ethics and corporate governance?

the main difference between corporate governance and ethics is that the ethics are the philosophical and morally decent standards that a corporation attempts to stand by, while governance processes are the means by which a corporation attempts to remain as ethical as possible while still making a profit. The governance obligations and operations of a corporation vary depending on its type. For example, a sole-proprietorship--a business owned by a single person--has different financial necessities and legal obligations than a massive, publicly-traded corporation


Difference between corporate level strategies and business level strategies?

difference between business level strategy and corporate level strategy?


Difference between market objectives and corporate objectives?

link between corporate objectives and marketing objectives


What is the difference between authority and responsibility in a business?

responsibility is that things which you must do


What is the meaning of corporate governance?

Corporate governance is most often viewed as both the structure and the relationships which determine corporate direction and performance. The board of directors is typically central to corporate governance. Its relationship to the other primary participants, typically shareholders and management, is critical. Additional participants include employees, customers, suppliers, and creditors. The corporate governance framework also depends on the legal, regulatory, institutional and ethical environment of the community. Whereas the 20th century might be viewed as the age of management, the early 21st century is predicted to be more focused on governance. Both terms address control of corporations but governance has always required an examination of underlying purpose and legitimacy. - - James McRitchie, 8/1999 http://corpgov.net/library/definitions.html

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