LI Geng-kun. Analyzing the Legal System of Corporate Social Responsibility with the Article 19 of the Company Law (Revised Draft)[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2022, 38(4): 449-458. doi: 10.19979/j.cnki.issn10082689.2021120060
Citation: LI Geng-kun. Analyzing the Legal System of Corporate Social Responsibility with the Article 19 of the Company Law (Revised Draft)[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2022, 38(4): 449-458. doi: 10.19979/j.cnki.issn10082689.2021120060

Analyzing the Legal System of Corporate Social Responsibility with the Article 19 of the Company Law (Revised Draft)

doi: 10.19979/j.cnki.issn10082689.2021120060
  • Received Date: 2022-01-28
  • Publish Date: 2022-08-18
  • The pursuit of maximizing shareholders’ interests can not meet the needs of China’s social and economic development. The Article 19 of the Company Law of the People’s Republic of China (Revised Draft) further refines the corporate social responsibility (CSR) system, but it is still a principled provision. By analyzing the article of the law, we can obtain the basic framework of CSR system in two aspects and four dimensions. From an abstract viewpoint, the legislative thinking reflected in the two aspects mirrors the selection of legislative value between pursuing efficiency and paying attention to fairness; from a specific viewpoint, it judges the legislative concept between the pursuit of maximizing the interests of shareholders and the protection of the rights and interests of multiple interest subjects of the company. The four dimensions are embodied in the construction of specific systems, namely, the legal dimension, moral dimension, human rights dimension, and public dimension. Therefore, it is necessary to balance the relationship between the two aspects in legislation and improve the specific CSR legal system from four dimensions.

     

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