Corporate accountability - Misplaced Pages

Corporate accountability is financial or societal consequences for company activity For other uses, see Corporate accountability (disambiguation).

Corporate accountability is the acknowledgement and assumption of responsibility for the consequences of a company's actions. It can be defined in narrowly financial terms, e.g. for a business to meet certain standards or address the regulatory requirements of its business activities. Corporate accountability may also be applied more broadly, such as expectations for a publicly-traded company to be accountable to its employees and local community rather than focusing exclusively on earning profits in the short-term for the benefit of its shareholders.

References

Simon, Donald (24 November 2020). "Corporate Accountability: A Summary of the Sarbanes-Oxley Act". www.legalzoom.com. Retrieved 2 November 2021.
Chen, James (31 May 2020). "Corporate Accountability Definition". Investopedia. Retrieved 2 November 2021.

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References