Status of the Development of Corporate Social Responsibility in China and Suggested Countermeasures for Improvement
Science Journal of Business and Management
Volume 1, Issue 4, December 2013, Pages: 98-103
Received: Nov. 11, 2013; Published: Jan. 20, 2014
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Authors
Wenzhong Zhu, School of English for International Business and Researcher of Research Center for Cantonese Merchants, Guangdong University of Foreign Studies, Guangzhou 510420, China
Min Zhang, Postgraduate student of SEIB, Guangdong University of Foreign Studies, Guangzhou 510420, China
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Abstract
There is a growing recognition that firms that practice Corporate Social Responsibility (hereinafter referred to as CSR) actively perform better both socially and economically than those that are inactive. In China, CSR has drawn increasing attention in recent years. Despite the progress which has been achieved, CSR in China is still in its infancy. This paper traces the emergence and evolution of the concept of CSR and points out the CSR progress that China has achieved and the problems that China is facing now. It is suggested that joint efforts should be made by the government, corporations, media, and NGOs to form a mature CSR system with Chinese characteristics.
Keywords
Corporate Social Responsibility, CSR Progress, CSR Problem, Countermeasure
To cite this article
Wenzhong Zhu, Min Zhang, Status of the Development of Corporate Social Responsibility in China and Suggested Countermeasures for Improvement, Science Journal of Business and Management. Vol. 1, No. 4, 2013, pp. 98-103. doi: 10.11648/j.sjbm.20130104.16
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