On social responsibility
Earthquake Relief: In the face of disasters, the capital market should pay attention to social responsibility. Source: Network Author: Anonymous publishing date: May 2008-15 22: 39: 29 Reading times: 1 136 View permissions: General article Earthquake relief: In the face of disasters, the capital market should focus on social responsibility. May 2008: 65438. According to the statistics of the Ministry of Civil Affairs, as of the afternoon of 13, the earthquake in Wenchuan County, Sichuan Province had caused * * * 192 1 people to die and more than 500,000 houses collapsed in eight provinces and cities of Sichuan, Gansu, Shaanxi, Chongqing, Yunnan, Shanxi, Guizhou and Hubei. After the earthquake, the government immediately organized rescue activities, the PLA went to the disaster area, and a large number of relief materials also arrived in the disaster area. In the face of this disaster, our listed companies and investors can't just stand by and take social responsibility. The capital market is the market that has the closest contact with the public, and listed companies are also real public companies, and their every move affects the public's understanding of the capital market and corporate image. In the past, because they didn't realize this, some enterprises were slow to act after natural disasters in the country, which once caused public doubts. An enterprise with social responsibility can win the respect of the public and the trust of the market. After the earthquake disaster, China's listed companies acted quickly, leading the trend of China enterprises to seriously fulfill their social responsibilities in times of crisis. They donated money and materials to participate in the rescue: China Construction Bank donated 20 million yuan, China Life Insurance donated/kloc-0.50 million yuan, China Industrial and Commercial Bank and Bank of Communications each donated/kloc-0.20 million yuan, and China Bank, China Petrochemical, Oceanwide Holdings, Minsheng Bank and China Southern Airlines each donated/kloc-0.00 million yuan ... If you compare the past situation, you will find that In the face of disasters, many investors have also taken active actions. They donated money to the disaster area and prayed for the people in the disaster area. This kind of love is touching. A caring investor team is a blessing for the capital market. However, I also noticed some indifferent phenomena. After the earthquake, some stock analysts were still talking about the investment opportunities brought by the earthquake when they were doing programs on TV stations, and recommended medical care (rescuing the wounded), steel and cement (post-disaster reconstruction) and other sectors. They believed that the earthquake was good for these sectors, and suggested that investors should be good at seizing opportunities. In my opinion, as a public platform, it is very inappropriate for TV to ask stock critics to analyze the so-called "benefits" and "opportunities" at this time. When people sympathize with the people in the disaster area and actively help them, this attitude of grasping "opportunity" in the disaster will only make people think of two words-"cold blood", so it is also very easy to be spurned. Under the background of national disaster relief, any member of the capital market should seize the opportunity to express love and dedication, not the so-called investment opportunity. I know that in western developed countries, investors, especially institutional investors, generally pay attention to the principle of social responsibility. In other words, for those listed companies that endanger the environment and human health and peace, we should consciously resist and not buy their shares. Such as arms, tobacco, highly polluting listed companies, etc. , are the objects of their boycott. Through this boycott, relevant enterprises will be awakened. This practice of promoting the return of social responsibility of listed companies with practical actions has achieved good results and added a function to promote the progress of enterprises in the capital market. Social responsibility is everywhere in the capital market. The function of capital market is not only financing, finding prices, but also transmitting love. A caring market can become a high-quality market and win the respect of the world. In the face of earthquake disasters, every member of the capital market should actively assume social responsibility.