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CSR Audit in China: with case study of supply chain CSR audit

Zhou, Hui LU (2012) In IIIEE Master thesis IMEN56 20121
The International Institute for Industrial Environmental Economics
Abstract
This research gives a special attention to CSR audit in China, from both theoretical and
practical perspectives. The research starts with the analysis of theoretical foundation that
underlies the emergence and development of CSR and CSR audit. Both stakeholder theory
and principal-agent theory are applicable to explain it. In the context of these two theories, the
corporate management is not only responsible for fiduciary finicial duty to shareholders, but
also responsible for fiduciary social duty to other stakeholders. Under the need to inspect the
implementation status of this fiduciary social duty, CSR audit has gained fast development
since its emergence. However since the lack of universal standard or guideline and the
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This research gives a special attention to CSR audit in China, from both theoretical and
practical perspectives. The research starts with the analysis of theoretical foundation that
underlies the emergence and development of CSR and CSR audit. Both stakeholder theory
and principal-agent theory are applicable to explain it. In the context of these two theories, the
corporate management is not only responsible for fiduciary finicial duty to shareholders, but
also responsible for fiduciary social duty to other stakeholders. Under the need to inspect the
implementation status of this fiduciary social duty, CSR audit has gained fast development
since its emergence. However since the lack of universal standard or guideline and the
different perception to CSR, there is no unified CSR audit scope and depth, which in most
cases are determined by the guideline or standard adopted. In light of this several most seen
standards and guidelines in China are studied. In China those standards are widely used by the
most direct actors of CSR audit – CSR auditors, which majorly comprises of MNCs’ internal
audit team and international audit firms. Two case studies also give the focus on these two
different types of auditors, trying to closely look at their audit practices in supply chain CSR
audit in China. Since the ultimate goal for CSR audit at site level is to achieve the practical
improvement of CSR, those two cases are analyzied in a contrast and comparison fasion to
reveal the impacting factors to on-site audit process and desion of correction/improvement.
Some beneficial learning points are expected to see so that a more effective audit could be
developed and practicaly carried out. (Less)
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author
Zhou, Hui LU
supervisor
organization
course
IMEN56 20121
year
type
H2 - Master's Degree (Two Years)
subject
keywords
CSR, audit, supply chain
publication/series
IIIEE Master thesis
report number
2012:16
ISSN
1401-9191
language
English
id
3126220
date added to LUP
2012-10-04 14:43:28
date last changed
2012-10-04 14:43:28
@misc{3126220,
  abstract     = {This research gives a special attention to CSR audit in China, from both theoretical and
practical perspectives. The research starts with the analysis of theoretical foundation that
underlies the emergence and development of CSR and CSR audit. Both stakeholder theory
and principal-agent theory are applicable to explain it. In the context of these two theories, the
corporate management is not only responsible for fiduciary finicial duty to shareholders, but
also responsible for fiduciary social duty to other stakeholders. Under the need to inspect the
implementation status of this fiduciary social duty, CSR audit has gained fast development
since its emergence. However since the lack of universal standard or guideline and the
different perception to CSR, there is no unified CSR audit scope and depth, which in most
cases are determined by the guideline or standard adopted. In light of this several most seen
standards and guidelines in China are studied. In China those standards are widely used by the
most direct actors of CSR audit – CSR auditors, which majorly comprises of MNCs’ internal
audit team and international audit firms. Two case studies also give the focus on these two
different types of auditors, trying to closely look at their audit practices in supply chain CSR
audit in China. Since the ultimate goal for CSR audit at site level is to achieve the practical
improvement of CSR, those two cases are analyzied in a contrast and comparison fasion to
reveal the impacting factors to on-site audit process and desion of correction/improvement.
Some beneficial learning points are expected to see so that a more effective audit could be
developed and practicaly carried out.},
  author       = {Zhou, Hui},
  issn         = {1401-9191},
  keyword      = {CSR,audit,supply chain},
  language     = {eng},
  note         = {Student Paper},
  series       = {IIIEE Master thesis},
  title        = {CSR Audit in China: with case study of supply chain CSR audit},
  year         = {2012},
}