Please explain corporate governance and the use of government policies in corporate social responsibility.© BrainMass Inc. brainmass.com October 25, 2018, 10:48 am ad1c9bdddf
First, corporate governance can provide a clear understanding of how power and responsibility are allocated in the organization (Stephenson, 2009). By creating clearly defined roles and limits for individuals in the organization, corporate leaders can effectively create solid organizational structure which alleviates conflicts and allows individuals to focus on their own tasks. Secondly, government policies can serve as the basis for developing the context of decision making. By developing specific rules for decision making, corporate leaders can effectively influence how decision making occurs. The leadership provides clear instructions that will facilitate the development of positive and ethical decision making (Stephenson, 2009).
Government CSR policies assists organizations. The Solution explains the role of corporate governance, and how to manage the interests of the organization, and there are two principles ways corporate governance can assist organizations.
Corporate Social Responsibility: Social Responsibility and Regulation, Government and Behavior
1. Do governmental CSR policies assist consumers or organizations? In what ways?
2. Do governmental policies differ throughout the world? In what ways?
3. In what ways do politics shape the regulation of businesses?
4. Describe the current relationship between government and business in the United States.
5. Describe one public policy goal of the United States for its citizens.
6. Evaluate the value of governmental regulation for American consumers.
7. State whether corporations should have political strategies or not. Justify your opinion.
8. Despite many governmental and quasi-governmental levels of consumer protection, consumers still face a wide variety of risks. What are your recommendations, on a governmental and quasi-governmental level, for reducing these risks?