Meaning of  Corporate Social Responsibility (CSR):-

 corporate social responsibility means that it is Relates to human rights, environment, labour standards and community involvement.
  
* To ensure effective social responsiveness there is a need to combine

 *Statutory regulation 

* Self-regulation by companies on social and environmental matters.

Social responsibility :- social responsibility can be  defined as the obligation and commitment of managers to take steps for protecting.

social responsibility as a managers:-

* Precautionary measure - if an organization lingers on dealing with the social issues.
* Moral obligation :- It is the moral responsibility of the organization to assist solving or removing the social problems.
* Better Organizational Environment - Employee hiring would be easier and employee would of a superior quality.
*  Efficient and Effective Employees - Recruiting employees becomes easier for socially responsible organization. 

Corporate governance:- 
*corporate governance is a system by which companies are directed and managed.

*corporate governance are covered
- conduct of the board of directors
- Relation between the board management and shareholders.

Principles of corporate governance
-the rights of shareholders
-the equitable treatment of shareholders.
-disclosure and transparency
-the responsibilities of the board

There are two elements of corporate governance
Internal elements
External elements
* Internal factors of corporate governance
-shareholders rights protection
-rights and responsibilities of board of director and shareholders
-quality of disclosure 
-monitoring
External elements of corporate governance
- stakeholders
- takeovers
- investor and creditors
- agents : management
- enterprise restructuring