Current Scenario of Social Responsibility In Corporate Governance

INTRODUCTION 21st century civilization is marked by one of the greatest invention of mankind is Joint Stock Company. It is this very invention which is playing a major role in eroding the geographical boundaries of nations across the globe. As the mankind is making strides with the help of this very invention, care is also being taken that these organization fulfill this Objectives in the best possible manner. Today's company affects the average citizen's life directly and indirectly, in many ways he be its share holder, employee, supplier, dealer, customer and even is none of these, his life may still be affected by what the company does eg. pollutions that its plant may create by the company's impact as the general economy. Thus proper governance of modern company's is legitimate social concern expressed these in both the undeveloped and the developing countries.