“This is the cutting-edge textbook on a managerial approach to corporate responsibility. Students and executives will benefit a great deal by studying the cases and best practices that are here. It's a terrific book.” —Ed Freeman, Elis and Signe Olsson Professor of Business Administration, Darden School of Business, University of Virginia Corporate Responsibility offers a concise and comprehensive introduction to the functional area of corporate responsibility. Readers will learn how corporate responsibility is good for business and how leaders balance their organization—s needs with responsibilities to key constituencies in society. Author Paul A. Argenti engages students with new and compelling cases by focusing on the social, reputational, or environmental consequences of corporate activities. Students will learn how to make difficult choices, promote responsible behavior within their organizations, and understand the role personal values play in developing effective leadership skills.

Responsible Corporate Governance

Responsible Corporate Governance

There is no single definition of corporate governance. In 1992, the Cadbury Commission, a group formed to consider the financial aspects of corporate governance, defined corporate governance in its simplest form as the process and systems by which companies are directed and controlled.1 However, in light of the high-profile corporate scandals and financial crises in the early 21st century, the growing pressure on businesses to take a more active role in addressing societal issues, and the increasing complexity of international corporations, this definition is both inadequate and obsolete. Corporate governance no longer simply refers to an elite board of directors that meets quarterly to review the performance of C-level executives and discuss the strategic direction of the company.

Rather, the ...

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