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Abstract

Corporate governance is the system of rules, practices, and processes by which a firm is directed and controlled. Corporate governance essentially involves balancing the interests of a company’s many stakeholders, such as shareholders, senior management executives, customers, suppliers, financiers, the government, and the community.

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Notes

  1. 1.

    Chen/James, Corporate Governance Definition (12 April 2020), https://www.investopedia.com/terms/c/corporategovernance.asp (last accessed on 21 May 2020).

  2. 2.

    OECD, G20/OECD Principles of Corporate Governance (2015) p. 7 et sq., https://www.oecd-ilibrary.org/docserver/9789264236882-en.pdf?expires=1577023116&id=id&accname=guest&checksum=86BF3C29DAADE21C6BA5D0ACD0D9F164 (last accessed on 22 December 2019).

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    OECD, G20/OECD Principles of Corporate Governance, p. 13, https://www.oecd-ilibrary.org/docserver/9789264236882-en.pdf?expires=1577023116&id=id&accname=guest&checksum=86BF3C29DAADE21C6BA5D0ACD0D9F164.

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    Raith, Praxisnahe Konzepte der Unternehmensethik (2013) p. 12 et sq., http://www.imzuwi.org/skripten/theorie_335215/IV_2.pdf (last accessed on 23 December 2019).

  5. 5.

    Freeman, Strategic Management: A Stakeholder Approach (1984) p. 46.

  6. 6.

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    Rodrigues, From Loyalty to Conflict: Addressing Fiduciary Duty at the Officer Level, 61 Fla. L. Rev. (January 2009) p. 1 (p. 8 et sq.).

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    Lewis, Corporate Social Responsibility/Sustainability Reporting Among Fortune Global 250: Greenwashing or Green Supply Chain? (2016). Faculty and Staff—Articles & Papers. Paper 56, https://digitalcommons.salve.edu/cgi/viewcontent.cgi?article=1056&context=fac_staff_pub (last accessed on 26 December 2019); Cecil, Corporate Social Responsibility Reporting in the United States, McNair Scholars Research Journal, Vol. 1, Iss. 1, Article 6 (2008) p. 43 (p. 43 et sq.), http://commons.emich.edu/cgi/viewcontent.cgi?article=1006&context=mcnair (last accessed on 26 December 2019); Raith, Praxisnahe Konzepte der Unternehmensethik, p. 15, http://www.imzuwi.org/skripten/theorie_335215/IV_2.pdf.

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    Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions. A renewed EU strategy 2011-14 for Corporate Social Responsibility/* COM/2011/0681 final */, p. 6, https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52011DC0681 (last accessed on 26 December 2019).

  11. 11.

    Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions. A renewed EU strategy 2011–14 for Corporate Social Responsibility/* COM/2011/0681 final */, p. 6, https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52011DC0681.

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    Raith, Praxisnahe Konzepte der Unternehmensethik, p. 18, http://www.imzuwi.org/skripten/theorie_335215/IV_2.pdf.

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    Cecil, Corporate Social Responsibility Reporting in the United States, McNair Scholars Research Journal, Vol. 1, Iss. 1, Article 6, p. 44 et sq, http://commons.emich.edu/cgi/viewcontent.cgi?article=1006&context=mcnair.

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    Rodrigues, 61 Fla. L. Rev. (January 2009) p. 19.

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    Newberg, Corporate Codes of Ethics, Mandatory Disclosure, and the Market for Ethical Conduct, 29 Vt. L. Rev. (2005) p. 253 (p. 256 et sq.).

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    Rodrigues, 61 Fla. L. Rev. (January 2009) p. 20 et sqq; Nieweler, Corporate Social Responsibility: Is It in Your Code of Conduct? (22 April 2015), https://www.whistleblowersecurity.com/corporate-social-responsibility-is-it-in-your-code-of-conduct/ (last accessed on 26 December 2019).

  17. 17.

    Raith, Praxisnahe Konzepte der Unternehmensethik, p. 14, http://www.imzuwi.org/skripten/theorie_335215/IV_2.pdf.

  18. 18.

    Nieweler, Corporate Social Responsibility: Is It in Your Code of Conduct? https://www.whistleblowersecurity.com/corporate-social-responsibility-is-it-in-your-code-of-conduct/; InnoTrain CSR, http://www.csr-kompetenz.de/fileadmin/dokumente/CSR_TRAINING_DE.pdf.

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Correspondence to Adolf Peter .

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Peter, A. (2021). Definitions. In: CSR and Codes of Business Ethics in the USA, Austria (EU) and China and their Enforcement in International Supply Chain Arbitrations. Springer, Singapore. https://doi.org/10.1007/978-981-33-6073-0_1

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