公司治理與企業(yè)社會責(zé)任相互協(xié)作【外文翻譯】

1、1外文文獻(xiàn)翻外文文獻(xiàn)翻譯譯譯譯文、、外文原文原文：CpateGovernanceCpateSocialResponsibilitySynergiesInterrelationshipsINTRODUCTIONCpationshavetraditionallybeenconceivedasselfcenteredprofitmaximizingentitiesconstitutingthecentraltesofcapitalismfre

2、emarketphilosophies(Hg2007).Untilrecentlytheconnectionsbetweencapitalismeconomicgrowthselfinterestedcpationhavelargelygoneunquestionedinpolicycircles(Hg2007).Howeverrecentmonumentalcpatescalsfailureshaveredirectedattenti

3、ontoissuesofgoodgovernanceethicstrustaccountabilityheighteningthedebateontopicsofcpategovernance(CG)theethicsofeconomicconduct(MarsigliaFalautano2005).Accdinglyatnotimeinhistyhavetherolepowerofthecpationbeenaccdedmepopul

4、arattentionconcernwiththepureprofitmaximizationaxiomincreasinglycalledintoquestion.Whileshareholdervaluemaximizationisstillamajgoalfcpationswldwidetheriseinsocialactivismtheemergenceofnewexpectationshaveindeedcausedother

5、aspectsofcpateperfmancetobeexaminedalongsidefinancialresults.Asfirmsgrowinsizeinfluencetheyarenolongerexpectedtobemerecontributstotheglobaleconomybutrathertoreconcileskillfullybalancemultiplebottomlinesmanagetheinterests

6、ofmultiplestakeholders(Jamali2006).Thereissomerecentevidencetosuggestthatganizationsaregenerallymeinclinedtodaytobroadenthebasisoftheirperfmanceevaluationfromashttermfinancialfocustoincludelongtermsocialenvironmentalecon

7、omicimpactsvalueadded(HardjonovanMarrewijk2001).ThisiswheretheconceptsofCGcpatesocialresponsibility(CSR)enter3questatcraftingcontinuouslyrefiningthelawsregulationscontractsthatgoverncompanies’operationsensuringthatshareh

8、olderrightsaresafeguardedstakeholdermanagerinterestsarereconciledthatatransparentenvironmentismaintainedwhereineachpartyisabletoassumeitsresponsibilitiescontributetothecpation’sgrowthvaluecreation(Page2005).Governancethu

9、ssetsthetoneftheganizationdefininghowpowerisexertedhowdecisionsarereached.AnarrowviewofCGptraysitasanenfcedsystemoflawsoffinancialaccountingwheresocioenvironmentalconsiderationsareaccdedalowpriity(Saravanamuthu2004).Ther

10、eishoweverabroaderCGconceptionemphasizingeverybusiness’responsibilitiestowardthedifferentstakeholdersthatprovideitwiththenecessaryresourcesfitssurvivalcompetitivenesssuccess(MacMillanetal.2004).Assuchmanagersareprimarily

11、accountabletowardstockholderswhosewealthftunesareatstake.Buttheyarealsoresponsibletowardemployeessupplierscustomerscommunitieswhoseinvestmentsinthecompanyareequallysignificantinotherimptantrespects.Thuswithinthisbroaderc

12、onceptiontheinterestsofallstakeholdersareaccdeddueregardconsiderationpositedasconstraintsonmanagerialactionshareholderrights(Kendall1999Page2005).Otherfocalelementsingredientsofgoodgovernanceincludecpateleadershipstrateg

13、ysetting.Theseaspectsinvolvedefiningrolesresponsibilitiesientingmanagementtowardalongtermvisionofcpateperfmancesettingproperresourceallocationplanscontributingknowhowexpertiseexternalinfmationperfmingvariouswatchdogfunct

14、ionsleadingthefirm’sstakeholdersinthedesireddirection(MacMillanetal.2004Cadbury2000Page2005).TheleadershipcontrolaspectsofCGarethusnotmutuallyexclusiverathertheygohinhtheybothdefinetheextentofpoweraccdedtovariousstakehol

15、dersincludingexecutivesmanagersemployeestoalesserextentexternalconstituenciesacts(MacMillanetal.2004).Leadersinthisrespectshouldexercisetheirflairintakingtheircompaniesfwardwhileaccdingdueregardtotheirresponsibilitiestos