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Towards sustainable economic development through corporate social responsibility program with small medium enterprises in Indonesia / Lutfia Nurul Hidayati, Ary Miftakhul Huda and Merintha Suryapuspita

Corporate social responsibility (CSR) is where companies set aside a particular portion of their profits for the benefit of human development and environment in a sustainable manner. Its concept generally states that company’s responsibility is not only to its owners or shareholders, but also to oth...

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Main Authors: Hidayati, Lutfia Nurul, Huda, Ary Miftakhul, Suryapuspita, Merintha
Format: Article
Language:English
Published: Universiti Teknologi MARA 2020
Subjects:
HB Economic Theory. Demography
Small and medium-sized business. History
Small business. Medium-sized business
Management. Industrial Management
Online Access:http://ir.uitm.edu.my/id/eprint/47358/1/47358.pdf
http://ir.uitm.edu.my/id/eprint/47358/
http://jas.uitm.edu.my
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spelling my.uitm.ir.473582021-06-11T08:50:19Z http://ir.uitm.edu.my/id/eprint/47358/ Towards sustainable economic development through corporate social responsibility program with small medium enterprises in Indonesia / Lutfia Nurul Hidayati, Ary Miftakhul Huda and Merintha Suryapuspita Hidayati, Lutfia Nurul Huda, Ary Miftakhul Suryapuspita, Merintha HB Economic Theory. Demography Small and medium-sized business. History Small business. Medium-sized business Management. Industrial Management Corporate social responsibility (CSR) is where companies set aside a particular portion of their profits for the benefit of human development and environment in a sustainable manner. Its concept generally states that company’s responsibility is not only to its owners or shareholders, but also to other relevant stakeholders affected by its activities. CSR projects began in Indonesia following the passage of Article 74 paragraph 1 of Law no. 40 of 2007 on Limited Liability Companies and Article 15 letter (b) of Law Number 25 Year 2007 regarding Capital Investment. PT. Indofood SuksesMakmurTbk is one of the companies actively implementing CSR programs which focus on building human capital and strengthening economic value. The aim of this study is to analyze the impact of the company’s CSR programs towards economic development by looking at the Kampung Kue SME project in, Surabaya. This research conducted qualitative descriptive method to scrutinize the impacts following the CSR program in Kampung Kue. Data collection techniques include in-depth interviews and documentation while data analysis was carried out using interactive model analysis strategy. The results showed that the products by Kampung Kue were successfully developed. Hence, it strengthen the economy of the society. To create economic sustainability and reduce poverty levels, beneficial collaborations are conducted between the government, companies, and the community. It is expected that the practice of CSR can be improved by looking at various aspects that are developing for the betterment of the community. Universiti Teknologi MARA 2020-06 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/47358/1/47358.pdf ID47358 Hidayati, Lutfia Nurul and Huda, Ary Miftakhul and Suryapuspita, Merintha (2020) Towards sustainable economic development through corporate social responsibility program with small medium enterprises in Indonesia / Lutfia Nurul Hidayati, Ary Miftakhul Huda and Merintha Suryapuspita. Journal of Administrative Science, 17 (1). pp. 15-21. ISSN 1675-1302 http://jas.uitm.edu.my
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic HB Economic Theory. Demography
Small and medium-sized business. History
Small business. Medium-sized business
Management. Industrial Management
spellingShingle HB Economic Theory. Demography
Small and medium-sized business. History
Small business. Medium-sized business
Management. Industrial Management
Hidayati, Lutfia Nurul
Huda, Ary Miftakhul
Suryapuspita, Merintha
Towards sustainable economic development through corporate social responsibility program with small medium enterprises in Indonesia / Lutfia Nurul Hidayati, Ary Miftakhul Huda and Merintha Suryapuspita
description Corporate social responsibility (CSR) is where companies set aside a particular portion of their profits for the benefit of human development and environment in a sustainable manner. Its concept generally states that company’s responsibility is not only to its owners or shareholders, but also to other relevant stakeholders affected by its activities. CSR projects began in Indonesia following the passage of Article 74 paragraph 1 of Law no. 40 of 2007 on Limited Liability Companies and Article 15 letter (b) of Law Number 25 Year 2007 regarding Capital Investment. PT. Indofood SuksesMakmurTbk is one of the companies actively implementing CSR programs which focus on building human capital and strengthening economic value. The aim of this study is to analyze the impact of the company’s CSR programs towards economic development by looking at the Kampung Kue SME project in, Surabaya. This research conducted qualitative descriptive method to scrutinize the impacts following the CSR program in Kampung Kue. Data collection techniques include in-depth interviews and documentation while data analysis was carried out using interactive model analysis strategy. The results showed that the products by Kampung Kue were successfully developed. Hence, it strengthen the economy of the society. To create economic sustainability and reduce poverty levels, beneficial collaborations are conducted between the government, companies, and the community. It is expected that the practice of CSR can be improved by looking at various aspects that are developing for the betterment of the community.
format Article
author Hidayati, Lutfia Nurul
Huda, Ary Miftakhul
Suryapuspita, Merintha
author_facet Hidayati, Lutfia Nurul
Huda, Ary Miftakhul
Suryapuspita, Merintha
author_sort Hidayati, Lutfia Nurul
title Towards sustainable economic development through corporate social responsibility program with small medium enterprises in Indonesia / Lutfia Nurul Hidayati, Ary Miftakhul Huda and Merintha Suryapuspita
title_short Towards sustainable economic development through corporate social responsibility program with small medium enterprises in Indonesia / Lutfia Nurul Hidayati, Ary Miftakhul Huda and Merintha Suryapuspita
title_full Towards sustainable economic development through corporate social responsibility program with small medium enterprises in Indonesia / Lutfia Nurul Hidayati, Ary Miftakhul Huda and Merintha Suryapuspita
title_fullStr Towards sustainable economic development through corporate social responsibility program with small medium enterprises in Indonesia / Lutfia Nurul Hidayati, Ary Miftakhul Huda and Merintha Suryapuspita
title_full_unstemmed Towards sustainable economic development through corporate social responsibility program with small medium enterprises in Indonesia / Lutfia Nurul Hidayati, Ary Miftakhul Huda and Merintha Suryapuspita
title_sort towards sustainable economic development through corporate social responsibility program with small medium enterprises in indonesia / lutfia nurul hidayati, ary miftakhul huda and merintha suryapuspita
publisher Universiti Teknologi MARA
publishDate 2020
url http://ir.uitm.edu.my/id/eprint/47358/1/47358.pdf
http://ir.uitm.edu.my/id/eprint/47358/
http://jas.uitm.edu.my
_version_ 1703963430349701120
score 13.223943

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