What Is Corporate Liability?

Corporate responsibility is the product of the development of social civilization, and the symbol and responsibility of social civilization. It is the product of mankind's march toward industrial civilization, and an obligation that enterprises must bear.

Corporate Responsibility

Corporate responsibility is the product of the development of social civilization, and the symbol and responsibility of social civilization. It is the product of mankind's march toward industrial civilization, and an obligation that enterprises must bear.

Corporate Social Responsibility

Completed in England as early as the mid to late 18th century

With economic and social progress, companies must be responsible not only for profit, but also for the environment, and assume corresponding social responsibilities

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Double responsibility

First of all, enterprises should assume and fulfill their economic responsibilities, play their due role in greatly enriching the people s material life, and for the rapid and stable development of the national economy. The most direct way is to make a profit, expand sales as much as possible, reduce costs, make correct decisions, and ensure

At present, some international organizations in the world

1924 American Scholar

1. Run a business well, make it stronger, bigger and longer

2. All business management behaviors of the enterprise shall conform to ethical standards

3. Community welfare investment

4. Social Charity

5. Consciously protect the natural environment

(1) Corporate responsibility to the government.

In modern society, the government has increasingly evolved into a social service agency, playing a role of serving citizens and various social organizations and implementing social justice. Under this institutional framework, enterprises are required to play the role of social citizens, consciously operate in accordance with relevant government laws and regulations, legally operate, pay taxes in accordance with regulations, bear other responsibilities and obligations prescribed by the government, and accept government supervision and legal intervention.

(2) The responsibility of the enterprise to shareholders.

In modern society, the ranks of shareholders are getting larger and larger, covering all areas of social life, the relationship between enterprises and shareholders gradually has the nature of the relationship between enterprises and society, and the responsibility of enterprises to shareholders is also social. First of all, enterprises should strictly abide by relevant laws and regulations, be responsible for the safety and profit of shareholders' funds, and strive to give shareholders a generous return on investment. Second, enterprises have the responsibility to provide shareholders with real and reliable information on operations and investment, and they must not deceive investors.

(3) Corporate responsibility to consumers.

Business and consumers are a contradictory unity. Ultimately, the maximization of corporate profits is achieved through the purchase of consumers. As an organization that obtains profits by providing products and services to consumers, it is the bounden duty of the company to provide consumers with affordable, safe, comfortable, and durable goods and services that meet the material and spiritual needs of the company. Social responsibility. Social responsibility to consumers requires companies to take responsibility for the quality of products and services they provide, fulfill their commitments to consumers in terms of product quality and service quality, and must not deceive consumers and make huge profits, and be conscious of product quality and service quality Under the supervision of the government and the public.

(4) The responsibility of the enterprise to employees.

Corporate responsibility to employees is a matter of internal stakeholders. Companies must consider employees' status, treatment, and satisfaction with considerable attention. In the context of globalization, the rights of workers have received widespread attention from governments and social groups around the world. In the 1990s, after the fact that Levi-Strauss, a well-known American jeans manufacturer, used young female workers under prison-like working conditions, it was revealed that in order to save its image, the first corporate social responsibility code was introduced, followed by some transnational In order to cope with the fierce global competition, companies have followed suit. In 1997, the Economic Priority Committee (CEP), which has long been engaged in social and environmental protection, established the Accreditation Committee (CE2PA), and was renamed Social Responsibility International (SAI) in 2001.According to the ILO Convention, the Universal Declaration of Human Rights International Conventions such as the United Nations Convention on the Rights of the Child and other international conventions have formulated the world's first international standard for corporate social responsibility, namely the SA8000 standard and its certification system (revised in 2001).

(5) Responsibility of the enterprise for resources, environment and sustainable development.

Practice has proved that, while industrial civilization has brought unprecedented prosperity to human society, it has also caused disastrous effects on the natural environment on which we depend. Enterprises have played a major role in the pollution and consumption of the natural environment. The environmental revolution in the past half century has changed the company's attitude towards the environment-from denying the damage to the environment to taking responsibility for no longer harming the environment, and then hoping to exert a positive impact on the environment. However, the environment is getting better and better only in developed countries, and the entire human race has not taken the path of sustainable development. The root cause of this situation lies in the rapid population and economic growth of emerging countries. Although these political and social issues are beyond the jurisdiction and ability of any enterprise, the only organization that integrates resources, technology, global influence and sustainable development is the enterprise, so the enterprise should assume the responsibility of building a sustainable global economy. This heavy task, and then use this historic transformation to achieve its own development.

(6) Corporate responsibility to the community.

Business is a part of society, but also a part of the community in which it resides. Building a harmonious and harmonious relationship with the community is an important social responsibility of the company. The responsibility of an enterprise to the community is to give back to the community, such as providing employment opportunities for the community, providing charitable donations to the community's public welfare undertakings, and disclosing to the community relevant information on business operations. Socially responsible companies realize that it is their obligation to return a portion of their profits to their communities through appropriate means. World-renowned management masters Kongz and Werrick believe that companies must communicate with the social environment in which they live, respond to changes in the social environment in a timely manner, and become active participants in community activities.