What is the relationship between corporate governance and social responsibility?

There is a direct relationship between corporate governance and social responsibility. Social responsibility is termed as corporate social responsibility. Below mention are the points which help in understanding the relationship as follows:

• Corporate governance and social responsibility both are the legal and ethical concepts and includes practices which every business has to fulfill. It is important to consider this as a part of the organization because the company take resources from society in which they operate.
• Both concepts help companies in increasing their brand reputation, and it eventually affects the productivity of the company means to increase performance.
• Social responsibility is included in corporate governance, which is directly related to the external business environment. And corporate governance is the control mechanism or tool which is used by the companies for effective decision making.
• The government provides benefits to the organization who consider ethical business practices and customers gets attracted to those companies mostly.