This article is set up in order to clarify the main course of Corporate Governance upon social responsibility and to give general lines and remarks, which are stipulated, by the three Association Agreements of Georgia, Moldova, and Ukraine. At the outset, some terminological definitions will be...

Overtime, corporate social responsibility has morphed from being perceived as an irrelevant concept outside corporate governance, to being recognized as a core organizational objective. In the contemporary business world, managers employ the concept as a strategic tool for compliance with...

Actions that fall under the catchall of “corporate social responsibility” have been viewed with skepticism. In the United States, part of the blame lies with lax laws and regulations surrounding social and environmental disclosure. Disclosure may soon be vastly improved with finalization of...

The concept of social responsibility of corporations is not novel, and has been part of the indigenous thinking in India for over a century. After much debate, corporate social responsibility (CSR) found its place in the Companies Act, 2013 whereby every company of a certain size is to announce...

Three problems pose severe challenges to identify the impact of corporate social responsibility (CSR) on firm value and performance. These are construct validity, limited data, and endogeneity. To deal with them we use a broad composite measure of CSR and panel data with firm fixed and random...

The research question for this paper is to identify how some widely accepted governance practices are not necessarily consistent with the objectives of good governance. One reason is that there is little agreement as to what are the objectives of generic good governance, be it in the public,...

In the corporate finance tradition, starting with Berle and Means (1932), corporations should generally be run to maximize shareholder value. The agency view of corporate social responsibility (CSR) considers CSR an agency problem and a waste of corporate resources. Given our identification...

A firm's corporate social responsibility (CSR) practice and its country's legal origin are strongly correlated. This relation is valid for various CSR ratings coming from several large datasets that comprise more than 23,000 large companies from 114 countries. We find that CSR is more strongly...