corporate social responsibility (CSR)

Corporate social responsibility means that while creating profits, enterprises should bear legal responsibilities to shareholders and employees, as well as to consumers' communities and environment.

Corporate social responsibility requires enterprises to go beyond the traditional concept of taking profit as the sole goal, and emphasize the concern for human value in the production process and the contribution to the environment, consumers and society.

Details are as follows:

1. Enterprises should undertake and fulfill their economic responsibilities and play their due role in greatly enriching people's material life and the rapid and stable development of the national economy. The most direct way is to make profits, expand sales as much as possible, reduce costs, make correct decisions, and ensure the legitimate rights and interests of stakeholders;

2. Enterprises should set an example, abide by laws and regulations, fulfill various contractual obligations, take the lead in operating in good faith, operate legally, and accept warranty commitments. Drive employees and communities where enterprises are located to abide by the law and build a society ruled by law;

3. Enterprises should strive to protect society from the negative impact of their own business activities, products and services. Accelerate the upgrading of industrial technology and the optimization of industrial structure, vigorously develop green enterprises, increase the ability of enterprises to absorb employment, and do their duty for environmental protection and social stability;

An important task of building a harmonious society at this stage is to vigorously develop social undertakings. The development of education, medical care, social security and other undertakings is directly related to the most direct interests of the people and directly determines the stability of society. Many places have insufficient or inability to invest in the development of social undertakings, and all available capital needs to be mobilized. Enterprises should give full play to their financial advantages, make contributions to the development of social undertakings and be good corporate citizens.

legal ground

Company Law of the People's Republic of China

Article 199 Whoever, in violation of the provisions of this Law, obtains company registration by falsely reporting registered capital, submitting false materials or concealing important facts by other fraudulent means, shall be ordered by the company registration authority to make corrections, and a fine of more than 5% 15% shall be imposed on the company that falsely reports registered capital, and a fine of more than 50,000 yuan but less than 500,000 yuan shall be imposed on the company that submits false materials or conceals important facts by other fraudulent means; If the circumstances are serious, the company registration or business license shall be revoked.