Corporate governance and social responsibility in relation to a sample of 100 Indian firms listed on the BSE index between 2019 and 2022

Abstract

Research on corporate governance (CG) and social responsibility has yielded a wealth of information, but it is still unclear how these two concepts are intertwined in different institutional settings. Corporate governance and social responsibility (CSR) originated in Western nations, where both notions have evolved quickly over the last decade. SEM and partial least squares (PLS) were utilised to analyse the data in this investigation. The primary objective of good CG is to strike a healthy equilibrium between the competing demands of an organisation's many different types of stakeholders. The findings made it possible to shine light on areas in which there is room for development in terms of both sustainability and CG. There's a strong correlation between improved employee trust in CEOs and the adoption of corporate social responsibility (CSR) programmes. Additionally, studies have demonstrated that effective CG structures may help to regulate CEO behaviour in terms of CSR.