The social responsibility of corporation and its impact on the reformation of corporate governance structure: a discussion from the perspective of law
- DOI
- 10.2991/icssr-14.2014.99How to use a DOI?
- Keywords
- Company; Corporation social responsibility; Corporate governance
- Abstract
Corporation social responsibility is no longer only a concept existing in theoretical research field, but has extended its scope into solving practical problems. The emergence and development of theories concerning corporation social responsibility has exerted a vast and even subversive influence on the modification of traditional company law and the reshaping of corporate governance structure. From the perspective of law, this paper gives a brief introduction to the world's major countries’ reaction towards the reform of corporate governance models under the influence of corporation social responsibility. In view of the status quo of the operation of corporate governance and the existing laws and regulations in China, this paper aims to puts forward a feasible corporate governance system and development path specific to China’s national conditions from three aspects: "expanding its explanation of corporate purpose and perfecting the duty rules of the board of directors", "setting up social responsibility committee under the board of directors" and "strengthening the protection of workers’ interests", which altogether will make a great contribution to the advancement of corporate governance in China.
- Copyright
- © 2014, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Beiling Li AU - Jing Wang PY - 2014/06 DA - 2014/06 TI - The social responsibility of corporation and its impact on the reformation of corporate governance structure: a discussion from the perspective of law BT - Proceedings of the 3rd International Conference on Science and Social Research PB - Atlantis Press SP - 415 EP - 419 SN - 2352-5398 UR - https://doi.org/10.2991/icssr-14.2014.99 DO - 10.2991/icssr-14.2014.99 ID - Li2014/06 ER -