The Current Practice of Corporate Governance of Chinese Listed Companies from the Perspective of Corporation Social Responsibility

Lin Zhang
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Lin Zhang: Shandong University of Technology

Chapter Chapter 8 in Venture Capital and the Corporate Governance of Chinese Listed Companies, 2024, pp 125-143 from Springer

Abstract: Abstract In the past 10 years, corporate social responsibility (CSR) has become an increasingly important topic, and companies are required to take more and more social responsibility gradually [1]. However, the fulfillment of social responsibility often exceeded the companies’ short-term interests [2]. Therefore, undertaking social responsibility has become a voluntary activity of companies to satisfy different stakeholders [3], which also builds the foundation and becomes the source of companies’ long-term development. In reality, on the one hand, with the rapid development of the economy, serious damage to the environment has been caused by the production and operation activities of many companies, and many of them even pursue high short-term returns with the sacrifice of ecological systems. On the other hand, as the government attaches increasing importance to environmental issues and becomes stricter in environmental regulation, more and more companies include environmental protection in their company social responsibility [4], which directly gives rise to the new concept of “green company social responsibility.”

Date: 2024
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DOI: 10.1007/978-3-030-67572-1_8

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