Corporate accountability is the acknowledgement and assumption of responsibility for the consequences of a company's actions. It can be defined in narrowly financial terms, e.g. for a business to meet certain standards or address the regulatory requirements of its business activities.
Corporate accountability may also be applied more broadly, such as expectations for a publicly-traded company to be accountable to its employees and local community rather than focusing exclusively on earning profits in the short-term for the benefit of its shareholders.
See also
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Environmental, social and corporate governance
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Corporate social responsibility
Corporate social responsibility (CSR) is a form of international private business self-regulation which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethicall ...
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Corporate crime
In criminology, corporate crime refers to crimes committed either by a corporation (i.e., a business entity having a separate legal personality from the natural persons that manage its activities), or by individuals acting on behalf of a corp ...
References
{{DEFAULTSORT:Corporate accountability
Problems in business economics
Corporate conduct