Understanding Corporate Social Responsibility in Hong Kong

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Corporate philanthropy is widely practiced in Hong Kong where many large companies donate staggering amount of money to various local and international charitable organizations. However, while these companies are praised for their philanthropic activities, they may not be environmentally and socially responsible. There have been articles arguing that Hong Kong companies are more focused on philanthropy than corporate social responsibility (CSR). This research investigates into Hong Kong companies’ philanthropic and CSR activities. The results show that companies are no doubt philanthropic but they are not lagging behind in CSR as many perceived. Many Hong Kong companies are at the early stage of CSR and slowly progressing, especially those companies with business operations in overseas countries. Non-governmental organisations can play an important role in assisting Hong Kong companies to incorporate CSR to their business operations than the government can.

Keywords: Corporate Social Responsibility, Corporate Philanthropy, Hong Kong
Stream: Economics and Management
Presentation Type: Paper Presentation in English
Paper: A paper has not yet been submitted.

Mary Ho

Instructor, Department of Applied Social Sciences, The Hong Kong Polytechnic University
Hong Kong, Hong Kong

Mary Ho is teaching Social Policy and Administration at Department of Applied Social Science, The Hong Kong Polytechnic University. She is also currently undertaking her PhD at University of Hong Kong. Her current research focus is socially responsible investment (SRI) indicies in Asian markets.

Ref: I08P0059