Envisioning Responsible Business Strategies and Corporate Compliance in China

ABSTRACT China has enacted laws to strengthen compliance while noncompliance could lead to personal liability and limit a company's market access. These developments emphasize the relentless need for compliance strategies in the boardroom. This research presents a novel qualitative study into corporate responsibility, fraud, regulatory development, and sustainability by exploring drivers of China's corporate compliance. Using the Nominal Group Technique, a group of eight senior corporate compliance managers participated in four stages of data collection and identified the top five corporate compliance drivers: Sustainability, Awareness, Framework, Business Integration, and Leadership. These are examined in regard to their relevance to CSR and responsible business strategies. The findings of the study provide practical and theoretical contributions.

Ҳали таржима қилинмаган