Implementation of Corporate Social Responsibility to Realize Prosperity for the Community
Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 09
Abstract
The existence of a company cannot be separated from its environment and society. Companies must balance economic achievement with social and environmental responsibility through Corporate Social Responsibility (CSR) activities. However, only a few companies realize the importance of implementing CSR to maintain the company's sustainability. Some companies consider CSR one of the costs that must be incurred to reduce profits. This condition motivates researchers to identify the motivation of business actors in conducting CSR activities. This study explores CSR practices in construction companies whose business activities significantly impact the surrounding community and the environment. This study uses a qualitative method: a single case study using PT. BASA is one of the construction companies in Bali, Indonesia. Research data were obtained through structured interviews with company management. The results show that the motivation of management to implement the CSR program is to contribute and be responsible for sustainability. The company project must get support from the community to avoid unwanted things during the project. The company has been able to implement its CSR program well. This activity provides a positive impact on the community.
Authors and Affiliations
Ni Nyoman Santi Dewi , Ni Wayan Rustiarini,
Keywords
Related Articles
- EP ID EP743932
- DOI 10.47191/jefms/v7-i9-07
- Views 22
- Downloads 0
Investment Intensity Risk, Investor Irrationality and Stock Returns in Kenya
The purpose of this paper is to investigate the effect of investor irrationality on the relationship between investment intensity risk and stock returns in Kenya.The study utilized monthly time series data for 60 compani...
Socio-Economic Challenges Affecting Construction Women Labourers (WCLs) in The Nigerian Construction Sector (NCS)
Women constitute about half of the population of Nigeria and thus a critical mass in the human capital of the country. They make significant contributions to social and economic development of the society, yet they are n...
Analysis of the Implementation of Preparation of Islamic Boarding Schools' Financial Reports Based on Boarding Images Accounting Guidelines in Southeast Sulawesi
This research aims to determine the extent to which the Islamic Boarding School Foundation implements and understands the preparation of Financial Reports properly in accordance with the Islamic Boarding School Accountin...
Public Governance Mechanisms and Organizational Performance Case Study: Cameroon Military Engineering
Reflecting on governance mechanisms and organizational performance of the Cameroon Military Engineering raised some questions on the role of the Army in society in general, developing countries in particular and in the s...
Analysis of The Effect of Reliability, Privacy and Security, Website Design, Customer Service and Support, and Satisfaction towards Loyalty of Livin’ by Mandiri users in Medan
Along with the rapid development of technology coupled with the Covid-19 pandemic, the internet has become an important necessity and has made mobile banking such as Bank Mandiri mobile banking (Livin’ by Mandiri) increa...