Annual Survey of International & Comparative Law


This paper seeks to examine and interrogate the conceptual ideas and frameworks of corporate governance; its relationship and relevance to corporate citizenship and the elements that describe what is meant by corporate citizenship. Various perspectives of the role which corporate governance plays as a major influence on corporate citizenship and corporate social responsibility were clearly shown. Also shown is the meaning which is ascribed to corporate governance, its core principles, the rhetoric and realities concerning the effect of a corporation’s pursuit of power and profit on corporate citizenship, legal and social responsibilities and the significant paradigm shift. Situating the concept of corporate governance with corporate citizenship shows an interrelationship between the former and the latter. Consequently, this paper revealed that in the long run the market mechanism should be able to provide additional resources to those companies which are best at maximizing and adhering to the principles of corporate governance for the promotion of good corporate citizenship.

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