In other words, it is good to do public welfare, and the value of creating employment and innovation for society is also good. In essence, this also corresponds to the two types of corporate social responsibility mentioned by Michael Porter, a professor at Harvard University: donating with love, which is called reactive social responsibility; Focus on finding opportunities for enterprises and society to enjoy value and strategically assume social responsibilities. In his view, the former can bring competitive advantages to enterprises, but it is difficult to last; The social benefits of the latter will be more lasting.
For enterprises, they can make full use of their own advantages and characteristics to solve people's pain points, combine the practice of social responsibility with their own advantages, and give consideration to "doing what others need" and "doing what others need". Embedding their own business and public interests in a reasonable and self-consistent way is also the most ideal way for enterprises to practice social responsibility.
Legal basis: Company Law of People's Republic of China (PRC) Article 1 This Law is formulated for the purpose of regulating the organization and behavior of companies, protecting the legitimate rights and interests of companies, shareholders and creditors, maintaining social and economic order and promoting the development of socialist market economy.