证券市场导报
證券市場導報
증권시장도보
Securities Market Herald
2011年
11期
34~39
,共null页
社会责任投资 公司价值 企业行为
社會責任投資 公司價值 企業行為
사회책임투자 공사개치 기업행위
socially responsible investment, company value, corporate behaviour
社会责任投资的产生和发展与全球社会可持续发展策略密不可分,也是投资从简单追求股东利益最大化向追求满足利益相关者权利转变的实践体现。社会责任投资者通过各种股东行动去影响控股股东或经营管理层的行为,将社会责任投资者的社会价值观灌输、实现到企业行为中去,推动企业在履行社会责任过程中充分考虑利益相关者利益,利益相关者又因此对企业的生存和发展注入专用性投资并分担一定的企业经营风险。同时,企业践行社会责任会降低融资成本和经营风险。长期而言,公司社会责任价值将得到持续提升。
社會責任投資的產生和髮展與全毬社會可持續髮展策略密不可分,也是投資從簡單追求股東利益最大化嚮追求滿足利益相關者權利轉變的實踐體現。社會責任投資者通過各種股東行動去影響控股股東或經營管理層的行為,將社會責任投資者的社會價值觀灌輸、實現到企業行為中去,推動企業在履行社會責任過程中充分攷慮利益相關者利益,利益相關者又因此對企業的生存和髮展註入專用性投資併分擔一定的企業經營風險。同時,企業踐行社會責任會降低融資成本和經營風險。長期而言,公司社會責任價值將得到持續提升。
사회책임투자적산생화발전여전구사회가지속발전책략밀불가분,야시투자종간단추구고동이익최대화향추구만족이익상관자권리전변적실천체현。사회책임투자자통과각충고동행동거영향공고고동혹경영관리층적행위,장사회책임투자자적사회개치관관수、실현도기업행위중거,추동기업재리행사회책임과정중충분고필이익상관자이익,이익상관자우인차대기업적생존화발전주입전용성투자병분담일정적기업경영풍험。동시,기업천행사회책임회강저융자성본화경영풍험。장기이언,공사사회책임개치장득도지속제승。
The emergence and development of socially responsible investment is well bonded with global sustainable development strategies. It is also the reflection of change from simple pursuit of maximizing shareholders' benefits to the pursuit of meeting stakeholders' right. Socially responsible investors influence controlling shareholders or business management through a variety of shareholder activities, indoctrinating and achieving the social values in corporate behaviours. Therefore, the interests of relative stakeholders are fully considered during promoting corporate social responsibility, and in return, relative stakeholders share certain business risks by investment due to their concern about the survival and development of the companies. Corporate social responsibility can reduce the financing cost and business risks. In a long term, company's social responsibility value will be gradually increased.