“CORPORATE
GOVERNANCE AND
SOCIAL RESPONSIBILITY”
• CORPORATE GOVERNACE- is the system by
which companies are directed and controlled.
• BOARD OF DIRECTORS are responsible for the
governance of their companies.
• THE SHAREHOLDERS role in governance is to
appoint the directors and the auditors

to satisfy themselves that an appropriate governance
structure is in place.
• CORPORATE SOCIAL RESPONSIBILITY (CSR) is a
concept whereby companies integrate social and
environmental concerns in their business operations
and their interaction with stockholders on a voluntary
basis. The “what”, emphasizes the fact that companies
should make social and environmental commitments in
their actions; and for “how”, it stresses the voluntary
nature of those commitments.

• CSR can refer to any effort to improve a
company’s environmental and social impact.
• GOVERNMENT is a constitutionally instituted
system of which mechanism is habitually
implemented to realize the goals and regulate the
operations of the State.
• GOVERNANCE involves in politics, economics,
psychosocial and cultural factors as well as
technology and the environment. It should be
inclusive, and integrity and honesty should prevail.

• GENERAL FUNCTIONS OF GOVERNMENT
A strong government must endeavor to achieve
the following functions as suggested by Robert
Maciver and Charles Page(1949)
Functions peculiar to the state
Functions for which the state is well-adapted
Functions for which the state is ill-adapted
Functions of which the state is incapable of
performing

I. Learning Activities
• Direction: Answer the following comprehensively
1.1 Define corporate governance in your own
words.
1.2 Write four observed corporate social
responsibility programs of the local officials in your
Municipality.

II. Enrichment/Application Activities
1. Choose one corporate social responsibility
programs of the local officials in your municipality
and make a simple drawing of it showing its
success.