Foreign-Funded Enterprises in China: Social Responsibility and Commitment

Abstract

With the constant increase of international capital enterprises in China's economic life—especially the occurrence of some international capital enterprises liability accident—the social responsibility of foreign capital enterprises has become a hot issue. For one element of corporate social responsibility—environmental protection, the commitment status of foreign capital enterprises in China is not inferior to domestic firms. At the national level, foreign investment scale enlargement can promote comprehensive treatment and utilization rate of “three wastes” (i.e. the wastes of solid, liquid and gas sources). Such a contribution is more evident in the Western region, while it is not clear in Eastern and Central China. This requires the government to treat foreign capital enterprise and domestic firms equally and exerts the first-mover advantage of the social responsibility of foreign capital enterprises.