Study On China’s Policy Banks Social Responsibility Evaluation Index System

In China, corporate social responsibility is going to be an important dimension when various stakeholders evaluatean enterprise. With the theory and practice of corporate social responsibility is being constantly updated and increasingly improved, to carry out corporate social responsibility seems to be an overwhelming trend for enterprises worldwide. Since the SA8000standard was introduced to China in the1990s, the research and practice of corporate social responsibility has a rapid development. Although there were some encouraging exploration in policy banks’social responsibility in recent years, an evaluation index system that cover policy banks special social responsibility has not yet been established.As an important part of China’s financial system, three policy banks in China are playing positive roles in promoting their respective fields of China’s economic development,undertaking social responsibility that commercial banks do not bear. Therefore, it is necessary to establish a scientific evaluation system of social responsibility for policy banks to formulate modern financial enterprise system, and perfect the financial services system under the socialist market economic system. A scientific and rational social responsibility evaluation index system of policy banks plays a crucial role in guiding policy banks to fulfill their social responsibilities, enhancing their capacity of sustainable development, and would have a significance effect on policy banks in the reform and development.This paper starts with the policy banks and corporate social responsibility, summarizes domestic and foreign scholars’research of this field. It thenelaborates the content of social responsibility of policy banks, from the perspective of various stakeholders such as employees, consumers, government, business partners, community andthe public; explicate the content of policy banks’social responsibility, with a particular focus on special social responsibility of these banks. It clarifies the principles of constructing policy banks’social responsibility evaluation system, designs and screens specific indicatorsfrom the rights and interests of shareholders, employees, consumers, the government, businesspartners, community and the public through factor analysis approach.It applies AHP to determine the index weight and fuzzy comprehensive evaluation method to construct a multi-level policy banks social responsibility evaluation system of21indicators (combining quantitative and qualitative indicators)with six dimensions, and containsaspects of shareholders, employees, consumers, government, business partners, the society and public.The paper also selects the China Development Bank to do empirical research and the foundingindicates that China development Bank fulfills its social responsibilityin general. To be specific, itfulfilled the responsibility for the government and business partners "very good",staffsreached "relatively good", shareholders and consumers got "general", community and the publicgot "relatively poor ".