According to the United States Flag Code, hanging the flag upside down is a signal that the owner of the flag is in extreme danger. The person's life or property has to be threatened. If the flag is hung upside down, military personnel recognize this as a call for help.
corporate citizenship. 1. The legal status of a corporation in the jurisdiction in which it was incorporated. 2. A company's role in, or responsibilities towards society. See corporate social responsibility.
Corporate governance is defined as the structures and processes by which companies are directed and controlled. Good corporate governance helps companies operate more efficiently, improve access to capital, mitigate risk, and safeguard against mismanagement. It makes companies more accountable and transparent to investors and gives them the tools to respond to stakeholder concerns. Corporate governance also contributes to development.