ABSTRACT
The current economic crisis has highlighted not only the importance of governance and corporate social responsibility (CSR), it has also shown that standards and regulations for sustainability are a central part and the result of governance. The globalization of financial markets has led to an increase in the need for some international rules such as: international financial reporting standards, corporate governance, ethics, and corporate social responsibility principles. In business activity, these standards have been set forth with a view to minimizing uncertainty, and with developing an atmosphere of confidence in a web of emerging complex relations. With the impact of these developments, it is very important for financial markets and the businesses operating within these markets to accommodate and implement some necessary rules.
