scholarly journals Corporate Social Responsibility in Perspective of Public Administration (A Governance Study)

2017 ◽  
Vol 7 (1) ◽  
Author(s):  
Dr.Sc. Said Achmad Lamo
Keyword(s):  
Corporate Social Responsibility ◽  
Service Life ◽  
Social Responsibility ◽  
Private Sector ◽  
Public Administration ◽  
Public Service ◽  
Government Regulation ◽  
Limited Liability ◽  
The Government ◽  
Corporate Social

The Implementation of CSR in Indonesia, most of them are not run in accordance with the existing theory because the government and society in CSR activities are not fully authorised to engage in these activities, due to the fact that private sector directly manages the CSR fund. Thus, the theory of governance puts three pillars as a principal provider of public service life, those are, (1) the state, (2) the civil society and (3) the private sector.  CSR has to involve all parts or elements which know about CSR, with a focus on the implementation of CSR has to be published and transparent;  the CSR Fund is administered by a forum / team through a memorandum of understanding facilitated by the government in accordance with its role as mandating, facilitating, partnering, and endorsing; the CSR forum consists of government, private sector, and society; the form of regional regulation on CSR by reference to Constitution Number 40 of 2007 on the Limited Liability Private sectors and Government Regulation Number 47 of 2012 on Corporate Social Responsibility so that CSR is considered as one of the important instruments in public administration.

scholarly journals IMPLEMENTATION OF CORPORATE SOCIAL RESPONSIBILITY IN SEMARANG CITY

2017 ◽  
Vol 1 (2) ◽  
pp. 77
Author(s):  
Sigit Irianto
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Poverty Reduction ◽  
Government Regulation ◽  
Limited Liability ◽  
City Government ◽  
Limited Liability Company ◽  
The Government ◽  
Set Up ◽  
Corporate Social

<p>Research of social responsibility of companies in the city of Semarang is a research about the activities of the company as a partner of the Government and people in building the environment and the society. Implementation of corporate social responsibility attached to the values of the local wisdom. Article 74 of Act Number 40 of 2007 about Limited Liability Company and Government Regulation Number 47 Year 2012 about Social and Environmental Responsibility of Limited Liability Company has been set up corporate social responsibility as a part of the company's activities. The substance of corporate social responsibility is not only in the aspect of physical development, but also the empowerment of local communities. Semarang City Government has been managing corporate social responsibility with the funding through Gardu Kempling Program; this program isan Integrated Movement in Health, Economics, Education, Infrastructure, and Environment. Management of corporate social responsibility is used mostly to assist poverty reduction programs. The process of implementation of corporate social responsibility is accepted by the Semarang Regional Secretariat Cooperation Section. The company's understanding of the basis for the laws governing corporate social responsibility, most informants do not know the exact rules and regulations of governing the provision of corporate social responsibility. The focus of corporate social responsibility is to improve the quality of life until it finally emerged establishment communities to address social problems.</p>

scholarly journals Who Values Corporate Social Responsibility in the Korean Stock Market?

2019 ◽  
Vol 11 (21) ◽  
pp. 5924 ◽  
Author(s):  
Sangki Lee ◽  
Insu Kim ◽  
Chung-hun Hong
Keyword(s):  
Corporate Social Responsibility ◽  
Stock Market ◽  
Social Responsibility ◽  
Private Sector ◽  
Abnormal Returns ◽  
Pension Funds ◽  
Public Pension ◽  
Korean Stock Market ◽  
The Government ◽  
Corporate Social

In this study, we explore the stock market’s response to new information that a firm has been included in the Dow Jones Sustainability Index (DJSI) in Korea. In addition, we investigate which investor group contributes to the changes, if any significant increase in returns is found, after a firm’s incorporation into the DJSI. This study aims to identify which investors value corporate social responsibility (CSR) in the Korean stock market and examine whether the government-led campaigns for CSR have affected private sector investors, as well as those from the public sector. We find statistically significant abnormal returns for firms after their first listing in the index, implying that investors in Korean markets consider a firm’s inclusion in the DJSI as good news for the firm value. Using a unique dataset from the Korea Exchange (KRX) on investors, we classify investors into four groups: individual investors, public pension funds, other institutional investors, and foreign investors. Unlike prior studies that focus only on the existence of abnormal returns, we investigate the trading behavior of each investor group for such announcements. We find that it is mainly the buying pressure of public pension funds that generates abnormal returns. By contrast, we cannot find statistically significant results for the other investor groups. This result implies that the government-led campaign for CSR has only had limited effects in the Korean stock market, and that awareness of CSR in the private sector should be improved.

scholarly journals Corporate Social Responsibility Program of BRI Peduli for Increasing the Image of PT Bank Rakyat Indonesia

2019 ◽  
Vol 1 (3) ◽  
pp. 120
Author(s):  
Yoyoh Hereyah ◽  
Hendra Ardiansyah P
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Environmental Sustainability ◽  
Limited Liability ◽  
Economic Benefits ◽  
Primary Data ◽  
Structured Interviews ◽  
Bottom Line ◽  
The Government ◽  
Corporate Social

Many companies that have been established are no longer just business-oriented efforts that are focused on maximizing economic benefits but have also carried out activities aimed at corporate social concern for the external environment in the social and environmental aspects, known as Corporate Social Responsibility. (CSR), which is a manifestation of the company's commitment to developing company profits indirectly and sustainably by paying attention to social responsibility and environmental sustainability in which the company is located. PT Bank Rakyat Indonesia (BRI) is one of the State-Owned Enterprises (SOEs) that runs CSR through the BRI Care program, where SOEs and Limited Liability Companies are required to carry out CSR programs established by the Government, especially in Article 74 of Law No. RI. 40 of 2007. This study aims to find out through the application of BRI Peduli CSR programs ranging from preparation, implementation to evaluation of BRI Peduli CSR programs capable of raising the image of PT BRI itself by using a qualitative descriptive research method where researchers use structured interviews with the Head of Section, Supervisor, and Executive Staff of PT BRI CSR, also non-participant observations to Al-Falah Mosque, located in Bendungan Hilir, zone 1 BRI Tower Central Jakarta as primary data, and through BRI Peduli's official website as secondary research data. The results show that BRI Peduli's CSR program has created a positive image for the community towards PT BRI through the implementation of the CSR program, from planning, implementation, to evaluations that have fulfilled the triple bottom line concept of CSR, people, planet and profit based on three CSR principles, namely sustainability, accountability, and transparency. Because of the vast scope of the environment that must be reached by PT BRI in carrying out BRI Peduli's CSR programs, running this CSR program in a sustainable and in-depth manner for implementation and facing obstacles in the implementation of BRI Cares CSR.. Keywords: CSR; BRI Peduli; company image

scholarly journals Community Participation in Maintenance of Environment Corporate Social Responsibility (CSR) PT. Pegadaian Region X Bandung

2019 ◽  
Vol 4 (2) ◽  
pp. 28-34
Author(s):  
Riany Laila Nurwulan ◽  
Nina Kurniasih ◽  
HR. Sumardhani
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Community Participation ◽  
Development Program ◽  
Limited Liability ◽  
Growth Conditions ◽  
Poor Growth ◽  
Environmental Preservation ◽  
The Government ◽  
Corporate Social

This research has produced a model of three-pillar cooperation between government - private - community in the implementation of an activity for development. The government as a regulator issues development programs that aim to improve the welfare of the community, including development in the environmental field. Sustainable environment has an impact on comfort and public health. Not all of these programs are covered by the government due to government budget constraints. Therefore, in order for programs to be implemented it is necessary to have cooperation with the private sector, especially business entities in the form of limited liability companies, as stated in Law no. 40/2007 concerning Limited Liability Company article 74. In this case utilizing funds from a corporate social responsibility (CSR) program. Companies in the form of State-Owned Enterprises (BUMN) put them in the Partnership and Community Development Program (PKBL), including PT. Pegadaian. The statement of the problem in this study is that the need for community participation in environmental preservation. The study used qualitative methods with in-depth interview and observation data collection techniques. Data triangulation is used to complement data analysis. PT. Pegadaian Region X in the Pungkur Region realized the Environmental Development program in the environment in the Balonggede Sub-District of Regol Sub-District in 2016, namely planting ornamental plants in pots (red shoots) along the sidewalks of the Pungkur road and the Dalem Kaum road for approximately 80 units. After being handed over to the government of the Balonggede Village, its maintenance is the responsibility of the Balonggede Village by involving the surrounding community, especially the people who are close to or in contact with the object. The diversity of people's treatment of plants reflects different perceptions resulting in plants that are not in uniform growth conditions, some are well maintained and grow well, and some are in poor growth conditions. This shows a lack of ownership of public facilities, thus indicating a low level of community participation in environmental preservation, especially environmental facilities as asistance of PT. Pegadaian Region X.

scholarly journals The Administration of Corporate Social Responsibility in the District Regulation in Indonesia

2015 ◽  
Vol 5 (1) ◽  
pp. 207
Author(s):  
Mukti Fajar
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Local Governments ◽  
Research Method ◽  
Limited Liability ◽  
Regional Area ◽  
The Law ◽  
The Government ◽  
Regulation Model ◽  
Corporate Social

In Indonesia, Corporate Social Responsibility (CSR) is corporate activity that is regulated by the law. By means of the Investment Law No.25 year of 2007 and the Limited Liability Company Act No. 40 year of 2007, it is regulated that every company in Indonesia is obliged to implement CSR. However, these regulations are not set technically; therefore some local governments have made guidelines for the implementation of CSR through the District Regulations. The problems of this study are: (1) how is the CSR regulation model in the District Regulation? (2) What are the company’s attitude and the company’s request towards the CSR regulation in the District ? This study uses normative law research method that examines the provisions of the law, as well as empirical legal research method that used to observe the behavior and the attitude of the government and corporate actors. This research took place in several provinces in Indonesia.The results of this research are: First, the CSR regulation in regional area is formulated based on local government authorities. The provisions of these district regulations are customized to the interests of each region, although it still normatively refers to the standard legislation. Second: The Company’s attitudes prefer the self-regulated regulations arranged by their respective companies. Additionally, the setting of CSR can make the arrangement of CSR activities in accordance with the District Government program; as a result it can speed up the community development.

Corporate Social Responsibility in Water Services

2012 ◽  
pp. 227-237
Author(s):  
George Tsogas
Keyword(s):  
Developing Countries ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Public Service ◽  
Service Industry ◽  
Water Companies ◽  
The Government ◽  
Corporate Social ◽  
Role Of The Government

Water companies have attracted minimal attention in the corporate social responsibility literature. This chapter examines conceptual issues regarding the applicability and relevance of CSR principles in a public service industry. It aims to bridge the gap that exists between the CSR and water service discourses by offering some initial ideas on the CSR issues of particular relevance to this industry, with emphasis on developing countries. We suggest re-examination of relationships with poor communities, a different understanding of the role of the government, and the adoption of industry-wide, as opposed to company-specific, social responsibility schemes.

scholarly journals Competitiveness Analysis of Indonesian Banking Industry Based on Corporate Social Responsibility Impacts

2021 ◽  
Vol 07 (08) ◽  
Author(s):  
Lindiawati . ◽  
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Government Regulation ◽  
Word Of Mouth ◽  
Banking Industry ◽  
Business Impact ◽  
The Government ◽  
Corporate Social ◽  
The Impact

Corporate Social Responsibility (CSR) has been becoming more attention for both companies and consumers. People are more aware of giving consideration on what companies have been doing for public as the representative of their responsibilities, and they use this to make buying decision and producing word-of-mouth. Corporate Social Responsibility has also been involved in banking industry since bank is an industry that is considered fragile or very easy to be affected by publis psychology leading bank customers then rush during a negative issue impacting the bank industry. By the government regulation pushing the banks to implement CSR, the kinds of CSR activities must reflect what banks wanth to achieve. Based on some studies on CSR impacts, it has been identified that the impact of CSR activities can be classified into four categories namely: phylanthophy, promotion, business impact, and mindset change. By knowing the map of the banks’ CSR activities based on those four categories, it can be concluded the competitiveness of the bank especially from the perspective of their social exposures. The result shows There are four banks that have well implemented CSR in term of that they have many CSR activities and whose impact levels are high. Three of of the four banks, have completed CSR whose impacst are complete, namely philanthropy, promotion, Business Impact, and Mindset Change.

scholarly journals Private Sector and Corporate Social Responsibility: Understandings and Perspectives of Different Stakeholders. Case study of a Mining Company in Laos

2021 ◽  
Author(s):  
◽  
Pisay Souvansay
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Private Sector ◽  
Significant Role ◽  
Mining Company ◽  
Wide Range ◽  
The Government ◽  
Negative Impacts ◽  
Corporate Social

<p>Corporations play a significant role in social and economical development globally. They play a significant role in supporting and boosting economic growth and local development as they provide job opportunities, contribute to infrastructure development, and generate income and wealth in societies. However, corporations also bring some negative impacts. Corporations, in particular those in extractive industries, can create a wide range of harmful effects and hazards to human health and livelihoods as well as to the environment. The negative impacts have attracted significant attention from related parties and prompted corporations to take a great deal of care in managing their impacts. As a result, companies are trying to improve their business strategies and corporate social responsibility (CSR) is one of these strategies by which companies try to differentiate themselves from others and to mitigate their negative impacts.  CSR has gradually emerged over many decades and recently became a focus of discussion among businesses and other stakeholders. However, the consensus on the definition of CSR is still limited. Various definitions of CSR have been created based on the interests, perspectives and expectations of different organisations.  This research explores the different understandings and perspectives of different groups of people around the way private sector is implementing CSR in Lao PDR, focusing on a foreign mining company as the case study. The research will also identify how these perspectives and expectations impact the strategies of CSR, especially regarding to rural development and poverty reduction in Laos.  The results of this thesis show that CSR is relatively a new concept in Laos but it is increasingly significant with the government and businesses themselves both paying more attention to CSR concerns. There is still unclear and common understanding among key stakeholders namely, government, business and other related stakeholders such as communities and other organisations. Fulfilling the legal obligations seems to be sufficient for the business and the government to claim that they are CSR companies while the community and other organisations expect corporations to do more than what only in the contract. In order to promote and encourage CSR to be effective and efficient, mutual understanding needs to be created, negotiated and agreed among keys stakeholders.</p>

scholarly journals Private Sector and Corporate Social Responsibility: Understandings and Perspectives of Different Stakeholders. Case study of a Mining Company in Laos

2021 ◽  
Author(s):  
◽  
Pisay Souvansay
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Private Sector ◽  
Significant Role ◽  
Mining Company ◽  
Wide Range ◽  
The Government ◽  
Negative Impacts ◽  
Corporate Social

<p>Corporations play a significant role in social and economical development globally. They play a significant role in supporting and boosting economic growth and local development as they provide job opportunities, contribute to infrastructure development, and generate income and wealth in societies. However, corporations also bring some negative impacts. Corporations, in particular those in extractive industries, can create a wide range of harmful effects and hazards to human health and livelihoods as well as to the environment. The negative impacts have attracted significant attention from related parties and prompted corporations to take a great deal of care in managing their impacts. As a result, companies are trying to improve their business strategies and corporate social responsibility (CSR) is one of these strategies by which companies try to differentiate themselves from others and to mitigate their negative impacts.  CSR has gradually emerged over many decades and recently became a focus of discussion among businesses and other stakeholders. However, the consensus on the definition of CSR is still limited. Various definitions of CSR have been created based on the interests, perspectives and expectations of different organisations.  This research explores the different understandings and perspectives of different groups of people around the way private sector is implementing CSR in Lao PDR, focusing on a foreign mining company as the case study. The research will also identify how these perspectives and expectations impact the strategies of CSR, especially regarding to rural development and poverty reduction in Laos.  The results of this thesis show that CSR is relatively a new concept in Laos but it is increasingly significant with the government and businesses themselves both paying more attention to CSR concerns. There is still unclear and common understanding among key stakeholders namely, government, business and other related stakeholders such as communities and other organisations. Fulfilling the legal obligations seems to be sufficient for the business and the government to claim that they are CSR companies while the community and other organisations expect corporations to do more than what only in the contract. In order to promote and encourage CSR to be effective and efficient, mutual understanding needs to be created, negotiated and agreed among keys stakeholders.</p>

scholarly journals STRATEGI TANGGUNG JAWAB SOSIAL STARBUCK DALAM MEWUJUDKAN LINGKUNGAN YANG BERKELANJUTAN

2020 ◽  
Vol 6 (3) ◽  
pp. 192
Author(s):  
Alima Fikri Shidiq ◽  
Fitri Hajar Purnama ◽  
Santoso Tri Raharjo ◽  
Sahadi Humaedi
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Private Sector ◽  
Social Institutions ◽  
Marketing Strategies ◽  
Environmentally Sustainable ◽  
The People ◽  
The Government ◽  
Corporate Social

ABSTRAK Pemerintah Indonesia berkomitmen untuk mewujudkan ke 17 tujuan SDG ini dengan melibatkan seluruh komponen masyarakat Indonesia mulai dari masyarakat itu sendiri, akademisi, pemerintahan hingga pihak swasta. Dengan melibatan pihak swasta dalam mewujudkan SDGs diharapkan akan membawa dampak lebih luas terhadap masyarakat, mengingat bahwa di Indonesia banyak terdapat perusahaan yang bergerak di bidang usaha pelayanan baik barang ataupun jasa kepada masyarakat Indonesia. Salah satu cara yang bisa dilakukan perusahaan dalam mewujudkan tujuan tersebut yaitu melalui program tanggung jawab sosial perusahaan (CSR). Hal ini ditanggapi positif oleh berbagai pihak, salah satunya Starbucks Coffee Company yang mengusung tujuan SDGs ke dalam program CSR (Corporate Social Responsibility) perusahaan. Sebagai green company Starbuck mengambil peran dalam pembangunan lingkungan berkelanjutan sebagai bentuk tanggung jawab sosialnya melalui program CSR yang diintegrasikan dengan strategi marketing. Adapun program CSR tersebut dilakukan baik secara langsung kepada masyarakat, bermitra dengan lembaga sosial ataupun kepada konsumennya.  ABSTRACT The Government of Indonesia is committed to realizing these 17 SDG objectives by involving all components of Indonesian society from the community itself, academics, government to the private sector. By involving the private sector in realizing SDGs, it is expected to have a wider impact on the community, given that in Indonesia there are many companies engaged in the business of providing goods or services to the people of Indonesia. One way companies can do in realizing thes e goals is through corporate social responsibility (CSR) programs. This was positively responded by various parties, one of which was Starbucks Coffee Company which brought the SDGs goals into the company's CSR (Corporate Social Responsibility) program. As a green company Starbuck takes a role in the development of environmentally sustainable as a form of social responsibility through CSR programs that are integrated with marketing strategies. The CSR program is carried out either directly to the community, in partnership with social institutions or to consumers.

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