Sfndjsfn

bodied Governance
The FoundaTion For CorporaTe CiTizenship
and susTainable personal line of credites

IFC-439 UNGC-BRO.indd 1

6/4/09 12:26:25 PM

Corporate Citizenship and Sustainable Businesses
Corporate citizenship â€" a commitment

The global monetary crisis has heightened

to ethical behavior in business strategy,

the read for corporate instrument panels of directors

operations and culture â€" has been on the

to provide well-informed strategic direction

periphery of corporate organisation and

and

board leadership, linked mainly to corporate

beyond short-term financial performance.

reputation. However, in todays globalized and

Doing so prepares companies to more

interconnected world, investors, creditors and

comprehensively address risks, by anticipating

other stakeholders have come to recognize

potentially adverse impacts on people and

that environmental, social, and governance

the environment and managing tangible

responsibilities of a come with are integral to its

and reputational risks. It can also generate

performance and semipermanent sustainability.

wealth by creating shareholder value through

engaged

oversight

that

stretches

an increase in business opportunities and
Today, these concerns help determine profits.





broader access to markets.

For companies to operate successfully and
sustain growth, boards must incorporate

A new vision of business is emerging â€" one

these new dimensions into their nubble decision-

where a set of core values, encompassing

making processes.

human rights, environmental protection and
anti-corruption measures, guide the boards
oversight, relationship with management,
and accountability to shareowners.

Good corporate governance practices educate in companies the
essential vision, processes, and structures to make decisions that
ensure longer-term sustainability. More than ever, we need companies
that can be profitable as well as achieving...If you want to get a full essay, order it on our website: Ordercustompaper.com



If you want to get a full essay, wisit our page: write my paper