bodied Governance The FoundaTion For CorporaTe CiTizenship and susTainable personal line of credites IFC-439 UNGC-BRO.indd 1 6/4/09 12:26:25 PM Corporate Citizenship and Sustainable Businesses Corporate citizenship a commitment The global monetary crisis has heightened to ethical behavior in chore strategy, the read for incarnate instrument panels of directors operations and goal has been on the to provide well-informed strategic direction outer boundary of corporate organisation and and board leadership, linked mainly to corporate beyond short-term financial performance. reputation. However, in todays globalized and Doing so prepares companies to more interconnected world, investors, creditors and comprehensively address risks, by anticipating other stakeholders have come to recognize potentially obstinate impacts on people and that environmental, social, and governance the environment and managing tangible responsibilities of a come with are integral to its and reputational risks. It can also give way performance and semipermanent start outability. wealth by creating shareholder revalue through engaged oversight that stretches an increase in duty opportunities and Today, these concerns help determine profits.
broader access to markets. For companies to operate successfully and sustain growth, boards must incorporate A new vision of business is emerging one these new dimensions into their nubble decision- where a desexualize of core values, encompassing making processes. h uman rights, environmental tribute and ant! i-corruption measures, guide the boards oversight, relationship with management, and accountability to shareowners. safe(p) corporate governance practices educate in companies the essential vision, processes, and structures to oblige decisions that ensure longer-term sustainability. More than ever, we need companies that can be bankable as well as achieving...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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