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Corporate Social Responsibility in Chinese state owned enterprises

Hinz, Florian (2009)
Department of Economics
Abstract
The interest in Corporate Social Responsibility (CSR) has grown tremendously within the last
decades. Due to the pressure from different stakeholders, this concept was introduced by
multinational corporations (MNC) in China. Since the strong focus on economic growth has
been determining the way of doing business, environmental and social concerns were not
taken into account appropriately. Since MNCs started to demand the implementation of CSR
standards in their supply chains, China entered the World Trade Organization (WTO) and the
Chinese Communist Party (CCP) started to set social and environmental problems on top of
the agenda, CSR is becoming more prevalent in China. Very little literature examines the
CSR activities of SOEs. Their... (More)
The interest in Corporate Social Responsibility (CSR) has grown tremendously within the last
decades. Due to the pressure from different stakeholders, this concept was introduced by
multinational corporations (MNC) in China. Since the strong focus on economic growth has
been determining the way of doing business, environmental and social concerns were not
taken into account appropriately. Since MNCs started to demand the implementation of CSR
standards in their supply chains, China entered the World Trade Organization (WTO) and the
Chinese Communist Party (CCP) started to set social and environmental problems on top of
the agenda, CSR is becoming more prevalent in China. Very little literature examines the
CSR activities of SOEs. Their special role in China´s economic development makes them a
research object of great interest. Therefore the aim of this thesis is to analyze the CSR
activities of the largest stock listed state owned enterprises (SOE) in China since 2005.
In order to undertake this analysis, an index which is including different CSR related
indicators will be introduced to assess CSR practices of the SOEs. The results of qualitative
research on site in China will be integrated as well.
This thesis is concluding that since 2005 Chinese SOEs became more aware of CSR and their
activities in this field increased which is likely to be caused by the new policy guidelines of
the government among other factors. SOEs are increasingly engaged in multi stakeholder initiatives such as the
Global Compact (GC), the World Business Council for Sustainable Development (WBCSD)
and others. Especially CSR reporting became more prevalent, but is still far beyond
international peers due to the low quality of the reports and limited adaptation of existing
international standards. Besides these findings, the thesis is showing the need for a more
sophisticated comparative method in order to analyze CSR objectives. (Less)
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author
Hinz, Florian
supervisor
organization
year
type
H1 - Master's Degree (One Year)
subject
keywords
China, sustainability, corporate social responsibility, State Owned Enterprises, Economics, econometrics, economic theory, economic systems, economic policy, Nationalekonomi, ekonometri, ekonomisk teori, ekonomiska system, ekonomisk politik
language
English
id
1497052
date added to LUP
2009-10-28 00:00:00
date last changed
2011-06-01 12:43:57
@misc{1497052,
  abstract     = {The interest in Corporate Social Responsibility (CSR) has grown tremendously within the last
decades. Due to the pressure from different stakeholders, this concept was introduced by
multinational corporations (MNC) in China. Since the strong focus on economic growth has
been determining the way of doing business, environmental and social concerns were not
taken into account appropriately. Since MNCs started to demand the implementation of CSR
standards in their supply chains, China entered the World Trade Organization (WTO) and the
Chinese Communist Party (CCP) started to set social and environmental problems on top of
the agenda, CSR is becoming more prevalent in China. Very little literature examines the
CSR activities of SOEs. Their special role in China´s economic development makes them a
research object of great interest. Therefore the aim of this thesis is to analyze the CSR
activities of the largest stock listed state owned enterprises (SOE) in China since 2005.
In order to undertake this analysis, an index which is including different CSR related
indicators will be introduced to assess CSR practices of the SOEs. The results of qualitative
research on site in China will be integrated as well.
This thesis is concluding that since 2005 Chinese SOEs became more aware of CSR and their
activities in this field increased which is likely to be caused by the new policy guidelines of
the government among other factors. SOEs are increasingly engaged in multi stakeholder initiatives such as the
Global Compact (GC), the World Business Council for Sustainable Development (WBCSD)
and others. Especially CSR reporting became more prevalent, but is still far beyond
international peers due to the low quality of the reports and limited adaptation of existing
international standards. Besides these findings, the thesis is showing the need for a more
sophisticated comparative method in order to analyze CSR objectives.},
  author       = {Hinz, Florian},
  keyword      = {China,sustainability,corporate social responsibility,State Owned Enterprises,Economics, econometrics, economic theory, economic systems, economic policy,Nationalekonomi, ekonometri, ekonomisk teori, ekonomiska system, ekonomisk politik},
  language     = {eng},
  note         = {Student Paper},
  title        = {Corporate Social Responsibility in Chinese state owned enterprises},
  year         = {2009},
}