Articles: Corporate Social Responsibility

China Evergrande (3333) top at giving away shareholders' money
South China Morning Post, 13-Oct-2017
The company donated RMB1,608m in 2016, or about 9.1% of net profit. It's difficult to see how such largesse can be consistent with the board's fiduciary duty to shareholders.
Webb on "Backchat" re taxes and Trump
RTHK, 6-Oct-2016
The Community Collusion Fund
We look at the numerous problems with Donald Tsang's proposed Community Care Fund. The boards of listed companies which support it either expect sufficient corporate benefit in return or are breaching their fiduciary duties. We call on Legislators to kill the CCF by vetoing the HK$5bn allocation and instead get the government to reform its welfare system using the normal budgetary process. (4-Nov-2010)
Webb, other key business leaders interviewed by IFAC
International Federation of Accountants, 6-Aug-2010
See Theme 3: Business reporting through the lens of the investor.
Webb on Social Corporate Responsibility in Exon, the magazine of Exeter College, Oxford

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