Research On Corporate social responsibility
---A law and Economics Explanation
Abstract
With the globalization of production factors, enterprise has become the most basic market power and the most important economic strength in social economy, which also plays an increasingly important role in our society. However, the relationship between enterprise and other social relations is not optimistic, while enterprise creating huge wealth, there is also a lot of serious events turned up, such as the phenomena of again sting the interests of consumers, false information disclosure, environmental pollution and so on. Heavy social costs as well as enormous social costs paying led to deterioration of the relationship between enterprise and other non-shareholder benefit counterparts, and at the same time affected the healthy and rapid development of enterprise itself. Central Shareholder -the traditional economic theory is more and more questioned, and the theory of "corporate social responsibility" has been made more and more right to speak.
So what is corporate social responsibility? What is the foundation of the rationality of its existence from the Law and Economics point of view ? On the basis of combing and analyzed related theories of predecessors, this paper will solve those problems with law and economics research methods. In the first part of this paper, by summarizing related literatures, this paper made an outline of the origin of enterprise community responsibility, and summarized the development of enterprise community responsibility on the basis of related research abroad. In the second part, analyzed enterprise community responsibility frome the law and economic point of view. Firstly, studied the difference of defying enterprise socialy responsibility between domestic and foreign scholars, and proposed the author’s own opinion on the basis of summaring those definitions; secondly, elaborated the enterprise community responsibility’s validity with law and economic theory based on the transaction cost theory and the modus operandi between the enterprise and non-shareholder benefit counterparts. In the third part of this article, obtained the necessity of the rules and regulations of enterprise community responsibility on the basis of “cost - - income” method, and summaried the related legislations of enterprise community responsibility in our country. finally ,carried on practive exploration to the enterprise community responsibility construction of our country on our country’s actual situation
Key words: Enterprise, corporate social responsibility, Law and Economics
