Study on the role of the Civil Code in promoting the legalization of corporate social responsibility
Year: 2024
Type: article
Abstract: The promulgation and implementation of the Civil Code of the People's Republic of China provides important legal guarantees for corporate social responsibility (CSR), marking a key process in the transformation of corporate responsibility from moral constraints to legal norms. This paper takes the Civil Code as the core to explore its role in promoting the legalization of corporate social responsibility. First, by analyzing the provisions related to corporate responsibility in the Civil Code, this paper reveals its requirements for the standardization of corporate social responsibility. Secondly, this paper points out that the Civil Code promotes enterprises from self-discipline to external discipline through institutional innovation and responsibility balance mechanism, and promotes the balance between economic development and social interests of enterprises. At the same time, this paper analyzes the impact of the Civil Code on corporate social responsibility and the challenges faced by enterprises in the process of implementation, such as the lack of awareness of legal obligations by enterprises and the legal risks when fulfilling their responsibilities, etc. Finally, this paper puts forward countermeasures and suggestions for further improving the legalization of corporate social responsibility, including strengthening legal supporting measures, improving corporate responsibility awareness and government-driven policy support, in order to provide theoretical support and practical reference for promoting the legalization of corporate social responsibility in my country.
DOI: 10.54691/nyds7611
Authors: Jinyu Shi, Wei Lv
Institution: Anhui University of Finance and Economics
Language: English
Field: Social Sciences
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4403626703