Introduction
The corporate sector has been adversely affected by the recent economic downturn. The changing economic settings have led to the need to deviate from the traditional American sense odd responsibility and fairness. Many companies are resorting to new ways of operating their businesses. Business structures are also evolving into more flexible and performance inclined systems. Many organizations are seeking to adopt a corporate structure that would maximize organizational performance and be fair to all stakeholders. The issue of corporate responsibility has also taken center stage in the recent years are organizations seek to participate in activities that promote social and ...