Corporate risk mitigation through socially responsible governance is crucial for ensuring long-term business sustainability and economic stability. By integrating corporate social responsibility (CSR) into governance practices, companies can identify and manage risks that go beyond financial performance, such as environmental, social, and regulatory challenges. Effective governance that prioritizes CSR helps build trust with stakeholders, enhances a company’s reputation, and mitigates potential risks, from legal liabilities to reputational damage.
Corporate Risk Mitigation Through Socially Responsible Governance explores how corporate governance and CSR have evolved to address risk management and financial distress. It examines various mechanisms like board structure, ownership, and audit quality, offering insights into how these practices can stabilize businesses and promote economic growth. Covering topics such as artificial intelligence (AI), financial decision making, and sustainable performance, this book is an excellent resource for business leaders and professionals, educators, graduate and postgraduate students, finance managers, financial decision makers, policy makers, investors, and more.