Social responsibility and SOE restructuring

SHEN Zhiyu ( 沈志渔 )1, LIU Xingguo ( 刘兴国 )1,2 and ZHOU Xiaohu ( 周小虎 )
1Institute of Industrial Economics, the Chinese Academy of Social Sciences
2School of Economic Management at the Nanjing University of Science and Technology

Editorial Note:

China’s restructuring of state-owned enterprises (SOEs) has remained a hot spot that deserves social attention. For 30 years, China has achieved remarkable success in SOE restructuring. The special status of SOEs in China dictates that they should assume more social responsibilities and this has to a great extent affected SOE restructuring. In this article, the authors conduct an in-depth analysis of SOE restructuring from the unique perspective of corporate social responsibility (CSR), dividing the evolution of SOE social responsibility into three stages. They argue that based on corporate social responsibility, SOE managers should improve CSR systems and strengthen SOE social responsibility supervisory mechanisms. In respect to corporate governance models, SOEs should reform to strengthen corporate citizen governance. These studies provide invaluable insight
into the furtherance of SOE restructuring in China.

¥0.01加入购物车