The Impact of Chinese New Energy Vehicle Companies' Corporate Social Responsibility Actions on Stakeholders - Taking SAIC as an Example
DOI:
https://doi.org/10.54097/ehss.v23i.13871Keywords:
Corporate social responsibility; Stakeholders; New energy vehicle companies.Abstract
Corporate social responsibility is also an important strategy for the development of today's businesses. The automotive industry has always been a rapidly growing sector. With the increasing awareness of environmental protection, the automotive industry is innovating and developing new energy vehicles for production and sale. This article analyzes the impact of corporate social responsibility of Chinese new energy vehicle companies on stakeholders by reading a large number of scholarly literature and combining it with the case of SAIC Motor Corporation Limited. The analysis reveals that the company still lacks self-sufficiency in core technologies, so SAIC Motor Corporation should increase its investment in research and development. The contribution of the company's infrastructure construction is insufficient; hence it is recommended that SAIC Motor Corporation should improve the construction of infrastructure for new energy vehicles. The company lacks a more innovative product strategy; therefore it is suggested that SAIC Motor Corporation should increase its investment in innovative strategies.
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