Law Thinking About The Social Responsibility Of Commercial Banks In China

With the maturing of Corporate Social Responsibility, corporate social responsibilityhas been recognized by the majority of people. Commercial banks operating target forfinancial assets and liabilities in the financial core status, the greater the influence of social,commercial banks should assume more social responsibility. In recent years, the outbreakof the financial crisis, the problem of environmental pollution, human rights abuses,problems continue to occur, and the same time, China also proposed to build a harmonioussociety concept, these commercial banks have made to practice social responsibility hasbecome an inevitable trend. Although the level of China’s commercial banks to practicesocial responsibility has been greatly improved, but there is still some shortcomings, it isnecessary in the practice of social responsibility of the foreign commercial banks on thebasis of the lessons learned to improve the social responsibility of Chinese commercialbanks practice.In addition to the introduction and conclusion, this paper has four parts. The first partis an overview about the social responsibility of the commercial banks and their practicemechanism, Defined as the bank of the social responsibility of the commercial banks inthe pursuit of maximizing their own interests at the same time, responsibility of thestakeholders should be taken into consideration. Including shareholders, employees,customers, community, environment, national economic responsibility, legal responsibilityand moral responsibility. Pointed out the need for commercial banks to practice socialresponsibility and legal aspects from the practical reasons. At the same time I believe that,commercial banks to practice social responsibility must be a sound mechanism,thismechanism should include both external mechanisms and internal mechanisms. Thesecond part of the domestic commercial banks to practice social responsibility Status andProblems. China’s commercial banks to practice social responsibility is still relativelybackward, external mechanism is not perfect, law there is inadequate legislation and laxenforcement, supervision missing, On the internal, lack of reasonable the InternalOversight governance institutions. The inadequacies of China’s commercial banks topractice social responsibility detailed summary. The third part is the analysis of the statusquo of foreign commercial banks to practice social responsibility, sum up experience.Analysis focusing on the norms and standards of the foreign commercial banks to practice social responsibility, summing up the advanced experience of foreign countries,improvement of the Practice Mechanism for reference for the next chapter. The fourth partis to perfect the mechanism of the practitioner of Chinese commercial banks reasonablerecommendations. From external oversight speaking, perfect legislation clearly stipulatesthat commercial banks must practice social responsibility; actors, it is pointed out that thegovernment, social intermediate layer, the commercial banks in the practice of socialresponsibility to continue to play a role; construction of the behavior of specific systems,highlighted a list of "green credit", the establishment of the system of "communityinvestment"; in order to implement the commercial banks social responsibility, but alsoresponsibility system perfect. Internally, to constantly improve the governance structure ofthe bank, including optimization on equity, improve on the Board of Directors, SocialResponsibility Committee, the establishment of specialized commercial banks, at the sametime improve the internal accountability, improve the mechanism of internal urge.