1A comparison of corporate social responsibility (CSR) practiced with employees in Chinese and Multinational private Financial Intermediation and

Corporate Social Responsibility (CSR) has been introduced to the Chinese in the past decade through requirements to comply for example with Social Accountability 8000 (SA8000 is a standard of behavior deemed suitable to show respect for and accountability to society). Compliance has been required by buyers in western markets and by multinational companies as they have entered the Chinese market. Still a clear concept of CSR is not yet widespread among Chinese corporations and employers. Problems raised by unethical behaviors of corporations continue to exist in China. As Klein (2002)1 once famously stated, it could perhaps be argued that the entire western society has been influenced by companies which did not behave ethically, and almost all of those same problems can be found in China today. Culture and education have been strongly influenced by marketing; mergers, predatory franchising, synergy and corporate censorship have decreased the variety of consumers’ choices; job opportunities have moved to countries where labour is much cheaper etc. Therefore, it is important to measure the level of CSR being employed in China by organisations at present. This research measures the level of CSR practiced with employees in private financial intermediation and accounting companies in Shanghai in terms o