Corporate Social Responsibility of China Telecom Dissertation

bodily Social Responsibility of China Telecom - Dissertation utilizationCenter of discussion in this paper is Corporate Social Responsibility (CSR) that has become a corporal custom. The CSR has been defined as the inclusion of social and environmental concerns into business actions on a voluntary basis. The primary(prenominal) purpose of CSR practices is to mitigate the concerns of various internal and outer stakeholders and shareholders. The stakeholders have been defined as those who have lay on the line or interests in companies actions and processes. The internal stakeholders complicate employees. Normally, employees constantly prefer that their stakes such as surface in salaries, bonuses and fringe benefits essential not be violated and they should be appropriately satisfied. The external stakeholders include restrictive authorities, suppliers, financial institutions, local communities, customers, competitors and physical and geographical environment. The regulator y authorities take that the companies must perpetually be transparent and they should comply with the relevant regulatory requirements. In addition to that, the regulatory authorities support that the companies should remain responsible corporate citizens. The suppliers expect that the companies must not delay or violate charter terms and they should of all time process timely payments so that they also become in a government agency to sustain business relationship with them. The financial institutions want that the companies to pay their outstanding debt and interest payments the financial institutions always extend credit facility after financial evaluation of the financial statements of the companies.... plifment 50 Supporting mankind Events 52 Spreading Healthy Information 52 Guaranteeing Emergency Communications 53 Caring for employees 55 Environment Protection Practices 58 Summary 64 Conclusion and Recommendations 66 References 70 Introduction Corporate Social Responsibi lity (CSR) has become a corporate custom. The CSR has been defined as the inclusion of social and environmental concerns into business actions on a voluntary basis. The main purpose of CSR practices is to mitigate the concerns of various internal and external stakeholders and shareholders. The stakeholders have been defined as those who have stakes or interests in companies actions and processes. The internal stakeholders include employees. Normally, employees always prefer that their stakes such as rise in salaries, bonuses and fringe benefits must not be violated and they should be appropriately satisfied. The external stakeholders include regulatory authorities, suppliers, financial institutions, local communities, customers, competitors and physical and geographical environment. The regulatory authorities want that the companies must always be transparent and they should comply with the relevant regulatory requirements. In addition to that, the regulatory authorities expect that the companies should remain responsible corporate citizens. The suppliers expect that the companies must not delay or violate contract terms and they should always process timely payments so that they also become in a position to sustain business relationship with them. The financial institutions want that the companies to pay their outstanding debt and interest payments the financial institutions always extend credit facility after financial evaluation of the financial statements of the companies. The local