China's SOEs bring in huge social capital in past decade
BEIJING, June 17 (Xinhua) -- China state-owned enterprises (SOEs) have brought in over 2.5 trillion yuan (373.56 billion U.S. dollars) of social capital since 2
Source: shanghaisun.com
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"State-owned capital and corporate social responsibility of private-hol" by Tao Zhang, Lishi Gu et al.
The undertaking of corporate social responsibility (CSR) has become a topic of widespread concern in society. Utilising a sample of 9872 private-holding companies listed on the Shanghai and Shenzhen securities markets from 2009 to 2019, this study examines the impact of state-owned capital on CSR activities. We find that CSR is enhanced when the proportion of state-owned capital in a private-holding listed company exceeds 5 percent. The appointment of directors, supervisors, and senior management by state-owned shareholders, and the participation of state-owned investment in company operation ...
Source: uow.edu.au