The impact of globalisation - and a greater understanding of the effects of business activities on the environment, local communities, developing nations, employees, customers, suppliers and creditors - has given additional impetus to the corporate social responsibility movement. Key concepts...

The convergence of corporate social responsibility (CSR) and corporate governance (CG) has changed the corporate accountability mechanism. This has developed a socially responsible ‘corporate self-regulation', a synthesis of governance and responsibility in the companies of strong economies....