Poverty Alleviation by SOEs in China: Is it a Substantive Corporate Social Responsibility and How it Performs?
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DOI: 10.23977/icemgd.2019.025
Author(s)
Pan Zhang and Xin Zhang
Corresponding Author
Pan Zhang
ABSTRACT
This paper analyses the essential characteristics of poverty alleviation management in state-owned enterprises (SOE), and explains from the perspective of shareholders' interests that the participation of SOEs in poverty alleviation is a substantive social responsibility, which is of great significance to the enterprise itself and to the whole society. Based on this, by comparing the difference between the Central SOE Poverty Alleviation Fund and the traditional government's poverty alleviation, we summarize and refine the concept, mechanism, model and management method of SOEs’ participation in poverty alleviation, which further proves the important value of SOEs’ direct participation. The result provides an important reference for further promoting the better implementation of poverty alleviation by SOEs.
KEYWORDS
SOE; Poverty Alleviation; Corporate Social Responsibility