THE POLICIES OF CORPORATE SOCIAL RESPONSIBILITY AND HOW CORPORATE GOVERNANCE LAWS IMPACT THE SAME

AUTHOR – DEEWANSHI AGRAWAL, STUDENT AT UNIVERSITY OF PETROLEUM AND ENERGY STUDIES, DEHRADUN

Best Citation – DEEWANSHI AGRAWAL, THE POLICIES OF CORPORATE SOCIAL RESPONSIBILITY AND HOW CORPORATE GOVERNANCE LAWS IMPACT THE SAME, ILE TAXATION LAW AND LEGAL STUDIES (ILE TLLS), 1 (1) of 2023, Pg. 1-5, APIS – 3920 – 0024 | ISBN – 978-81-961120-5-9.

ABSTRACT

Corporate social responsibility (CSR) and corporate governance are the subjects of this article’s investigation. The underlying assumption is that CSR policies and extra-financial performance are significantly influenced by governance factors. To be more specific, this article pinpoints three primary factors that influence the degree to which companies engage in CSR: the construction of value proprietorship (character of investors), the synthesis and design of top managerial staff, and the administrative structure on corporate administration and CSR. We show how the rise of CSR was paved and shaped by changes in corporate governance over the past three decades. In addition, based on whether the corporate governance model is based on the shareholder, stakeholder, or hybrid regime and whether the CSR reporting regime is stringent or non-stringent, this article develops a typology of CSR and governance structures that distinguish OECD nations.