Education, Science, Technology, Innovation and Life
Open Access
Sign In
  1. Home
  2. Journals
  3. Science of Law Journal
  4. Vol 2, Issue 1, 2023

Corporate Social Responsibility in China from the Perspective of Economic Law

Download as PDF

DOI: 10.23977/law.2023.020110 | Downloads: 5 | Views: 450

Author(s)

Xueping Liu 1, Bo Wei 2

Affiliation(s)

1 School of Management, Guangzhou Technology and Business College, Guangzhou, Guangdong, China
2 Academic Affairs Department, Guangdong Administrative Vocational College, Guangzhou, Guangdong, China

Corresponding Author

Xueping Liu

ABSTRACT

Corporate social responsibility is a new term. It began to appear at the end of the 1980s. With the rapid development of China's economy and the deepening of people's understanding of enterprises, as well as the continuous improvement of the theoretical system of its research in western countries. This paper will use a combination of theoretical analysis and empirical testing. First, it expounds the current situation and lack of corporate social responsibility in China, and then proposes solutions. Finally, it gives a general description of how to improve the social responsibility of China's nonferrous industries by improving the relevant system from the legal system level, building and improving the internal control mechanism of enterprises, and strengthening the external supervision of the government and the public. After that, this paper adopts a questionnaire survey to study corporate social responsibility in China. The survey results show that there is a correlation coefficient between social responsibility and economic indicators. The more socially responsible enterprises are, the higher their economic performance indicators will be. Therefore, it shows that the performance of corporate social responsibility can improve the economic performance of enterprises.

KEYWORDS

Economic Law Perspective, Corporate Society, Social Responsibility, Responsibility Research

CITE THIS PAPER

Xueping Liu, Bo Wei, Corporate Social Responsibility in China from the Perspective of Economic Law. Science of Law Journal (2023) Vol. 2: 79-87. DOI: http://dx.doi.org/DOI: 10.23977/law.2023.020110.

REFERENCES

[1] Doddy Setiawan, Andi Asrihapsari, Rayenda Khresna Brahmana, Harumi Puspa Rizky, Mega Wahyu Widawati: Role of Family Ownership in the Relationship between Corporate Social Responsibility and Firm Performance. Complex. 2022: 1318875:1-1318875:9 (2022).
[2] Hirofumi Fukuyama, Yong Tan: Implementing strategic disposability for performance evaluation: Innovation, stability, profitability and corporate social responsibility in Chinese banking. Eur. J. Oper. Res. 296(2): 652-668 (2022).
[3] R. V. Naveenan, T. Jarin, S. R. Boselin Prabhu: Corporate social responsibility of Canara Bank - a systematic status review. Int. J. Bus. Inf. Syst. 40(3): 376-398 (2022)
[4] Rajesh Veluthan: Long-term corporate social responsibility agenda considering climate change policy and conservation of forest - an exploratory analysis of Kerala-based companies. Int. J. Data Anal. Tech. Strateg. 14(2): 159-168 (2022).
[5] Khawaja K. Mehmood, Jalal Rajeh Hanaysha: Impact of Corporate Social Responsibility, Green Intellectual Capital, and Green Innovation on Competitive Advantage: Building Contingency Model. Int. J. Hum. Cap. Inf. Technol. Prof. 13(1): 1-14 (2022).
[6] Peivand Ghasemzadeh, Seyed Mahdi Rezayat Sorkhabadi, Abbas Kebriaeezadeh, Jamal A. Nazari, Mandana Farzaneh, Gholamhossein Mehralian: How does organizational learning contribute to corporate social responsibility and innovation performance? The dynamic capability view. J. Knowl. Manag. 26(10): 2579-2601 (2022).
[7] Janice Lo, Monica Lam, Sijing Wei: Comparing IT and non-IT firms in corporate social responsibility and financial context for attracting and retaining employees. J. Syst. Inf. Technol. 24(3): 157-177 (2022).
[8] Anxia Wan, Zhaoqiang Zhong, Chaoyu Zheng, Xuan Zhao, Ehsan Elahi: Use of cloud model to evaluate corporate social responsibility of pharmaceutical companies. Kybernetes 51(2): 896-915 (2022).
[9] Jessica M. Smith: The Everyday Ethics of Corporate Social Responsibility. IEEE Technol. Soc. Mag. 41(3): 96-97 (2022).
[10] Iordanis Kalaitzoglou, Hui Pan, Jacek Niklewski: Corporate social responsibility: How much is enough? A higher dimension perspective of the relationship between financial and social performance. Ann. Oper. Res. 306(1): 209-245 (2021).
[11] Roya Tat, Jafar Heydari, Masoud Rabbani: Corporate social responsibility in the pharmaceutical supply chain: An optimized medicine donation scheme. Comput. Ind. Eng. 152: 107022 (2021).
[12] Magdalena Kapelko, Alfons Oude Lansink, Spiro E. Stefanou: Measuring dynamic inefficiency in the presence of corporate social responsibility and input indivisibilities. Expert Syst. Appl. 176: 114849 (2021).
[13] Khuong Ngoc Mai, An Khoa Truong Nguyen:The Impact of Corporate Social Responsibility Performance on Competitive Advantage and Business Success: A Case of Vietnamese Enterprises. Int. J. Asian Bus. Inf. Manag. 12(3): 1-15 (2021).
[14] Edwin M. Agwu: Corporate Social Responsibility as an Organizational Tool for Competitive Advantage. Int. J. Strateg. Decis. Sci. 12(2): 1-15 (2021).
[15] Anura De Zoysa, Nobyuki Takaoka, Yuqian Zhang: Impact of corporate social responsibility (CSR) awareness, affordability and management system sophistication on CSR performance. Ind. Manag. Data Syst. 121(7): 1704-1722 (2021).
[16] Nikunja Mohan Modak, Peter Kelle: Using social work donation as a tool of corporate social responsibility in a closed-loop supply chain considering carbon emissions tax and demand uncertainty. J. Oper. Res. Soc. 72(1): 61-77 (2021).
[17] Francesco Caputo: Towards a holistic view of corporate social responsibility. The antecedent role of information asymmetry and cognitive distance. Kybernetes 50(3): 639-655 (2021).
[18] Alexander Nikolaevich Raikov: Convergent social responsibility as the key to corporate strategic success. Kybernetes 50(3): 785-793 (2021).

All published work is licensed under a Creative Commons Attribution 4.0 International License.

Copyright © 2016 - 2031 Clausius Scientific Press Inc. All Rights Reserved.