Corporate Governance and Business Ethics paper

Corporate Governance and Business Ethics paper

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Corporate governance has traditionally been used for a very long period in management sciences. It means the control and management of a firm to ensure its profit making capability and, continued existence and feasibility. However, current business incidents causing public outrage have provided adequate reason for companies to adhere to ethical viewpoints. The way that corporations are managed has evoked disapproval because economic sciences have not provided satisfactory responses from social groups. Complications arise if corporate governance is used in a theoretical background only. Therefore companies are increasingly adopting Corporate Social Responsibilities to fulfil their obligations to communities they work in (Alexander, 2011).

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