Impact Of Information Technology on Corporate Social Responsibility [Video]

Corporate management and governance has, as its primary objective, the enhancement of corporate profits and shareholder gain. i.e. the corporate governance is basically rules and practices put in place within a company to manage information and economic incentive problems inherent in the separation of ownership from control in large enterprises and as dealing with how, and to what extent, the interests of various agents involved in the company are reconciled and what checks and incentives are put in place to ensure that managers maximize the value of the investment made by shareholders.

A major approach taken to achieve this objective is to have in place mechanisms that are targeted at keeping abuse and fraud in check. These include the duties imposed on directors, the role played by auditors, the establishment of audit committees, and disclosure requirements to name but a few. Availability of accurate, relevant, and timely information is crucial …