Abstract
This paper considers scientific designing of decision-making mechanism is the key to solve corporate social responsibility problems. It compares the B-C index and finds stakeholder contingent governance arrangements can achieve better internal balance of power. Quantitative research evaluates corporate decision-making mechanism and results show that the coordination effectiveness and decision effectiveness are significantly impacted by corporate governance arrangements; favorable executive power of corporate governance is also can ensure the interests protection of stakeholder; otherwise, the external market governance can be regarded as a strong supplement.
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