Abstract: General Secretary Xi Jinping pointed out at the 2022 Entrepreneur Symposium that enterprises have both economic and legal responsibilities, as well as social and moral responsibilities. In 2023, the Central Enterprise Leaders' Meeting proposed that central enterprises should pay more attention to enhancing the value of five aspects, which are added value, functional value, economic added value, revenue and proportion of strategic emerging industries, and brand value. This research report focuses on analyzing how to reasonably evaluate the functional value created by central enterprises in fulfilling their corporate social responsibility.
This report first starts from the practice and practical significance of central enterprises fulfilling their social responsibilities, and discusses the inherent connection between fulfilling the social responsibilities and realizing the functional value. Furthermore, this report introduces the basic situation and background of the functional value of central enterprises in China from three dimensions, which are the connotation, evolution process, and practical significance. Next, this report gives a brief introduction to the current practice in evaluating the functional value of central enterprises in China, compares it with other evaluation systems related to functional value concepts that exist in domestic and foreign markets, and analyzes the characteristics of the current evaluation of the functional value of central enterprises. Based on the above analysis, this report further summarizes and explains the key issues that may exist in the current evaluation system for the functional value of central enterprises. Finally, adhering to a problem-oriented approach, this report puts forward policy recommendations to attempt to solve current problems and promote the rapid development of the functional value evaluation system for central enterprises.
