Traditional Culture Encyclopedia - Traditional virtues - Describe the relationship between corporate social responsibility and corporate economic performance.
Describe the relationship between corporate social responsibility and corporate economic performance.
In China, for enterprises that fulfill their social responsibility better, their economic and social benefits are also very obvious and lasting. For example, China Tongrentang enterprise, to "virtue, sincerity, trust" as the main business ideas. "Virtue", the business purpose of nourishing the world; "Sincerity", the spirit of dedication to excellence; "Faith", the professional ethics of the child and the old man. Tongrentang emphasizes the responsibility of the enterprise to the society, and has become the most trustworthy enterprise and brand for consumers in China and even in the world through the careful management of successive generations.
In summary, good corporate performance is obvious when companies emphasize social responsibility. CSR brings more benefits than just costs to enterprises, and the key lies in the change of enterprise concepts and how to implement CSR.
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