Legal Regulation Of Social Responsibility Of Transnational Financial Institutions

From the perspective of international financial institutions, the legal regulation of social responsibility of transnational corporation was demonstrated and emphasized in this thesis, which is a crucial method for settle the social matters resulted from the process of globalization of the international financial institutions. Both domestic and international legislation and practice of social responsibility of transnational corporation were analyzed, and then some recommendations were presented to improve the laws and regulations about social responsibility of transnational financial institutions in our country.In chapter1, the legal background of the theory about social responsibility of transnational corporation was reviewed and expounded, which indicated that transnational corporation were becoming the direction of the development of social responsibility of companies. In this chapter the theoretical basis about social responsibility of multinational companies------stakeholder theory and global civil theory------was illustrated, then the concept of a transnational financial institutions and the unique content of social responsibility, of it were discussed on the basis of those two theory.The reason and necessity of legislation about social responsibility of transnational financial institutions were analyzed in chapter2. The first reason was the core and pivotal status of transnational financial institutions in the modern global economy that played a different role from ordinary multinational companies. The other reason was we needed a law to solve the problems in the process of transnational financial institutions fulfilling its social responsibility, especially after the United States financial crisis erupted in2007.The chapter3was about the domestic laws and regulations of social responsibility of multinational companies. The legislation and practice of the United States, Europe and our country were discussed respectively in this thesis. Through the comparison and analysis of the legislation and practice in various countries, the shortcoming of legislation about social responsibility of transnational financial institutions in our country was showed at the end of this chapter.The international laws and regulations of social responsibility of transnational corporation were presented in chapter4. Many fruitful efforts about the normalization of the social responsibility of transnational financial institutions were made by international organizations, and multi-level standard systems were formed, but some shortcomings still existed in the contents and effects.In chapter5, some recommendations were presented to improve the laws and regulations about social responsibility of transnational financial institutions in our country on basis of above discussion. We emphasized that not only the construction of domestic legal system needed to be strengthened, but also we should accept and join the establishment of international rules on transnational financial institutions, and strengthen the cooperation with the home country of transnational financial institutions in China to obtain good results.