Sustainable Development and Global Responsibility in Corporate Governance

Daniela Salvioni and Riccardo Astori ()
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Riccardo Astori: University of Brescia

Symphonya. Emerging Issues in Management, 2013, issue 1 Global Network and Local Development - 1

Abstract: The sustainable development and the global corporate responsibility have emerged recently as relevant factors both at a business level and with reference to the society in general. Global markets impose new and complex systems of corporate governance aimed at a generic retrieval of effectiveness if compared to the growing dynamism and to the gradual increase of complex relations between company and environment. In this regard the sustainable development represents an important issue, whose implementation requires the adoption of a suitable orientation of the governance policy, the diffusion of ethics principles and values common to corporate network, the adoption of efficient systems of risks prevention and internal control. This article aims at investigating the current interrelationship between corporate governance and global responsibility, as conditions for sustainable development. In particular, the article aims at highlighting - at theoretical and empirical level - the growing cross-relationship between effectiveness and economic and social-environmental efficiency, necessary conditions to minimize risks and to obtain success in the medium-long term.

Keywords: Global Responsibility; Sustainable Development; Corporate Governance; Risk Management; Internal Control; Key Factors of Success. DOI:http://dx.doi.org/10.4468/2013.1.03salvioni.astori (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (7)

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