On Ways Of Realizing Corporate Social Responsibility

The theory of corporate social responsibility originates in The US and Germany. This theory in the true sense originates in The US in the 1930s and it is concerned with such disciplines and fields as economics, law, management, etc. Its aim is mainly to relieve such social problems as environmental protection, public welfare, etc. that have been brought about by the increasingly greater size of companies with a view to coordinating the relations between companies and society. There is much debate as regards this issue in the academic circles both at home and abroad and many beneficial research results have been achieved. Now how to realize corporate social responsibility has been clearly defined in law in many countries. The first section of Article 5 of "Company Law" in our country stipulates that companies engaging in business activities must comply with laws, administrative regulations, social ethics, business ethics, and be honest and trustworthy; at the same time, companies should accept the supervision of the government and the public and undertake social responsibility. But in this section what is defined is only the general principle of corporate social responsibility. And there are no specific measures.With reference to the present research situation of the academic circles in this field, this paper deals with the theory of corporate social responsibility to a greater degree. Taking into consideration the current situation in China and the research situation of foreign countries, ways of realizing corporate social responsibility are also dealt with.This paper begins with the origination of corporate social responsibility. The concept of corporate social responsibility and its subject are dealt with. After this a basic understanding of corporate social responsibility can be obtained. Then the theory of corporate social responsibility is explored from the perspectives of the development of corporate market, the legal theoretical basis of corporate social responsibility, the theory of social benefits, the integration of rights and duties, the theory of the interested party, economic analysis, etc. After this, this paper deals with the contents of corporate social responsibility, including the social responsibilities for the working staff, customers, creditors, community, environment, and public welfare. Ways of realizing corporate social responsibility in Britain, the US, Japan, Germany, etc. are also introduced.At last, this paper introduces the situation of legislation as regards the ways of realizing corporate social responsibility in China. In light of the current situation in China, as for how to realize corporate social responsibility, the following suggestions are offered:through the standards of corporate social responsibility of ethics and the holding stock system of the working staff and their participation into corporate governance to realize the social responsibility for the working staff; through the improvement of product recall system and the system of supervision by the customers realize the social responsibility for the product buyers; through the participation of the financial sectors into the supervision and governance of companies to realize the protection of the interests of the main creditors of the company; through the improvement of the legislation of environment protection, public welfare,etc. to safeguard the realization of social responsibility by the company.