The Role of Business in Society: Corporate Governance, Social Responsibility, and Social Impact Management

Ananda Das Gupta
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Ananda Das Gupta: Indian Institute of Plantation Management

Chapter Chapter 7 in Business Ethics, 2014, pp 133-159 from Springer

Abstract: Abstract Business is expected to create wealth and employment, while society is expected to provide a conducive environment for the business to flourish. The value and ethical standards that a company adopts are the long-term assets of the organization. There are a number of tasks that a business has to fulfill to the society. These include the financial task, political task, environment task, adaptive task, economic task, and social tasks.

Keywords: Corporate Governance; Independent Director; Audit Committee; Audit Firm; Internal Audit (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isbchp:978-81-322-1518-9_7

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DOI: 10.1007/978-81-322-1518-9_7

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