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Social responsibility of insurance industry
The concept of "corporate social responsibility" was first put forward by British scholar Oliver Shelton in 1923. Then, in 1953, Bowen gave the initial definition of businessman's social responsibility in his book "Businessman's Social Responsibility": "Businessmen have the obligation to make policies, make decisions or take some actions according to the goals and values expected by society." Since then, he has created the research field of corporate social responsibility, so he is known as the "father of corporate social responsibility". And then what? First of all, corporate social responsibility is a moral orientation. Morality is an important cornerstone and link to maintain social stability. As the "economic cell" of society, the operation and development of enterprises must also be constrained by morality. Together with legal constraints, * * * constitutes the two major constraints on corporate behavior. Without these two factors, the profit-seeking desire of enterprises will expand viciously, and ultimately "overturn" corporate social responsibility, especially legal responsibility, which is the guidance of business ethics and professional ethics and the drive of conscience. An enterprise with moral conscience must be an enterprise that consciously abides by the law and consciously fulfills its social responsibilities. Secondly, corporate social responsibility is a legal requirement. Although there are many social responsibilities of enterprises, the most important and basic responsibilities are those stipulated by law, including protecting the legitimate rights and interests of employees, consumers, creditors and competitors, paying taxes according to regulations, protecting the environment and saving resources. Which ... (This article is 1 page) [Continue reading this article] Like it.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.