Topic > Essay on Social Responsibility in Social Media

Also, the Chinese government sets many regulations regarding some social problems. For example, the "Law of the People's Republic of China on Protection of Women's Rights and Interests" aims to address gender inequality and the "Enterprise Minimum Wage Regulations" aims to protect the legal rights of workers. All these regulations contain CSR elements and requirements. It is crucial that foreign companies are aware of the importance of corporate social responsibility in today's China. In other words, companies that conduct a corporate social responsibility (CSR) strategy will be more sustainable and competitive in the Chinese market, as Porter (2011) pointed out. found that there is a connection between competitiveness and business health. Johnson proposed four definitions of CSR in 1971. One element is that CSR can add profits to their organization. Porter (2011), the leading authority in competitive strategy research, further introduced a new business concept called creating shared value (CSV) in 2011. Therefore, this thesis will also provide some explanations on how CSR can be helpful for foreign social media companies to enter Chinese