The Role of Corporate Governance and Corporate Social Responsibility Practices in Organizational Excellence: The Case of Grameen BankReport as inadecuate




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The aim of this paper is to investigate the concepts of Corporate Governance CG and Corporate Social Responsibility CSR and to examine how they contribute to excellence in business. In the last decade, a significant number of business organizations, including banks have suffered serious financial crisis and even gone bankrupt. CG and CSR here have become two useful tools in the recent years for the organizations to avoid such crisis. Grameen Bank GB, a Bangladeshi bank operating in the micro-financial sector has been taken under the investigation through case study to meet the objective of the paper. The bank has experienced a tremendous success and growth over the years even amidst the turbulent financial crisis. The paper intervened to relate the role played by the CG and CSR programs behind these unusual phenomena from a critical point of view.

KEYWORDS

Corporate Governance, Corporate Social Responsibility, Corporate Governance Code, Grameen Bank

Cite this paper

Hossain, M. , Enam, F. and Hasan, M. 2017 The Role of Corporate Governance and Corporate Social Responsibility Practices in Organizational Excellence: The Case of Grameen Bank. Open Journal of Business and Management, 5, 119-130. doi: 10.4236-ojbm.2017.51011.





Author: Muhammed Zakir Hossain, Fabiha Enam, Mohammad Raihanul Hasan

Source: http://www.scirp.org/



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