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Corporate Governance and Corporate Social Responsibility Synergies: A Systemic Approach

Journal of Contemporary Issues in Economics and Business

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Field Value
 
Title Corporate Governance and Corporate Social Responsibility Synergies: A Systemic Approach
 
Creator Nikolić, Jelena; University of Kragujevac, Faculty of Economics
Zlatanović, Dejana; University of Kragujevac, Faculty of Economics
 
Subject —
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Description Respecting the importance of corporate governance (CG), particularly variouscorporate governance mechanisms for improving corporate social responsibility(CSR) activities, the paper highlights relevant CG–CSR synergies from theperspective of systems thinking. The paper further aims to demonstrate theways in which selected systems methodologies can support CG–CSR synergies.Accordingly, we selected appropriate systems methodologies, such as dialecticalsystems theory, soft systems methodology, and system dynamics. We defined thedialectical system, consisting of essential corporate governance mechanisms,which contribute to CSR; we also identified the key stakeholders and theirperceptions of CG–CSR relations through CATWOE analysis; thus, the appropriateroot definition and conceptual model, including the activities that are relevantfor CG–CSR relations, were developed. Developed systemic framework provideda relevant methodological support to highlight the various issues of corporategovernance, such as institutional framework, market for corporate control,ownership structure, board structure, and their contribution to CSR.
 
Publisher Faculty of Economics and Business
 
Contributor —
 
Date 2018-09-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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Format application/pdf
 
Identifier http://ng-epf.si/index.php/ngoe/article/view/176
 
Source Naše gospodarstvo/Our economy; Vol 64, No 3 (2018); 36-46
2385-8052
0547-3101
 
Language eng
 
Relation http://ng-epf.si/index.php/ngoe/article/view/176/162
 
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