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Rewards to stakeholders outweigh social responsibility in business: Sino Group Spokesman

出自香港新聞網 - 樹仁新傳系學生實習習作

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095086 2012年3月6日 (二) 23:10 (UTC)


-- 6 March 2012


Property developers are accused of unethical sales practice, but Sino Group Corporate Communications Assistant General Manager, Ivan Yau, believes that listed companies bear larger responsibility to their stakeholders insteand of the public. [Good introduction - it indicates that the focus of the article will be on explaining why "listed companies bear larger responsibility to their stakeholders insteand of the public"]


During the General Assembly held today in Hong Kong Shue Yan University, Yau said that corporates should bear social responsibility, but the public should not take it for granted. He thinks that his company has already played their part in public charities, such as participating in The Community Chest's Walks for Millions. “As a business, especially listed companies, our biggest responsibility lies on our stakeholders’ benefit [Why?]. Taking care of different needs in the society is not our largest concern [Why not?],” said Yau.


In regard to the debate over Sino Group's development Oceanaire, which allegedly issued misleading brochures to buyers, Yau thinks that the company has made no mistake legally [Explain what the legal implications are, or why no mistake was made]. He believes that such complaint is caused by the rising expectation of the public towards developers [Is this a bad thing?].

[You have some good basic ideas, but they need to be developed and more fleshed out.]

[Grade: B-]

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