Answer to Question #235954 in Management for RN1

Question

Do you think that the difference in governance models impacted on the organisation’s CSR practice? How/Why? (e.g., 2 tier having employees on the board)

Answer 1

Difference in governance models has an an impact on an organizations CSR practices because it has an effect on many other parts of the structure including the individuals and groups that make up the system .It also changes an organizations mission mission ,vision and values which gives an organization direction and a purpose. e.g A a bank and an amusement park have different governance model therefore their organization,s CSR practice are different.

A banking business must focus on building wealth, managing risks, and protecting shareholders as their primary activities. An amusement park is more likely to focus on safety, leisure, and entertainment as its primary purpose and function. Managing and mitigating risks is a high priority for amusement parks which means that the governance structure must look very different than aa bank’s structure.