What It Means, 5 Ranges, and Examples

What It Means, 5 Ranges, and Examples

What Is Corporate Citizenship? Corporate citizenship involves the social responsibility of businesses and the extent to which they meet legal, ethical, and economic responsibilities, as established by shareholders. Corporate citizenship is growing increasingly important as both individual and institutional investors begin to seek out companies that have socially responsible orientations such as their environmental, social, and

Corporate Custom Definition, Characteristics, and Importance

Corporate Custom Definition, Characteristics, and Importance

What Is Corporate Culture? Corporate culture refers to the values, beliefs, and behaviors that determine how a company’s employees and management interact, perform, and handle business transactions. Often, corporate culture is implied, not expressly defined, and develops organically over time from the cumulative traits of the people that the company hires. A company’s culture will

How It Works, Regulations, and Examples

How It Works, Regulations, and Examples

What Is Corporate Governance? Corporate governance is the system of rules, practices, and processes by which a firm is directed and controlled. Corporate governance essentially involves balancing the interests of a company’s many stakeholders, such as shareholders, senior management executives, customers, suppliers, financiers, the government, and the community. Since corporate governance provides the framework for

Corporate Headquarters (HQ): Definition, Importance, and Example

Corporate Headquarters (HQ): Definition, Importance, and Example

What Is a Corporate Headquarters (HQ)? A corporate headquarters (HQ) is a place where a company’s executive management and key managerial and support staff are located. A corporate headquarters is considered a business’s most important location and may also lend prestige to its host city and help attract other businesses to the area. Businesses frequently