Corporate Social Responsibility in Chinese Law——On the Section 5 of the Company Law of China

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The Principle of Corporate Social Responsibility in Chinese Law In China,a lot of ill-formed business activities exist,the good market order hasn’t realized and the commerce hasn’t reached the perfect operating status.In addition to those,the personal and corporate credit systems haven’t been completely established yet,the merchants still place their profit in primary position without considering the public interest or with less consideration,and the social problems caused by many companies with bad faith are more outstanding,so it is necessary to supplement and strengthen corporate social responsibility in Chinese Law. The Principle of Corporate Social Responsibility in Chinese Law In China, a lot of ill-formed business activities exist, the good market order has not realized and the commerce has not reached the perfect operating status. In addition to those, the personal and corporate credit systems have not been completely established yet, the merchants still place their profit in primary position without considering the public interest or with less consideration, and the social problems caused by many companies with bad faith are more outstanding, so it is necessary to supplement and strengthen corporate social responsibility in Chinese Law.
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