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China ((ii) Listed company and its controlling shareholders (Certain…
China
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(vi) Stakeholders
The section of the Code that deals with stakeholders states that, ‘while maintaining the listed company’s development and maximizing the benefits of shareholders, the company shall be concerned with the welfare, environmental protection and public interests of the community in which it resides, and shall pay attention to the company’s social responsibilities’.
The company should respect the legal rights of the various stakeholder groups and provide them with information as appropriate