Abstract
The study aimed to investigate the impact of corporate social responsibility implementation in Jordanian public shareholding companies on sustainable development. The study used descriptive analytical methodology. A questionnaire was designed and distribute over a sample consisting of 135 reponsedents, 125 were collected and 5 questionnaires were removed. The study results indicated that there a statistically significant impact at the level of significance (α≤0.05) of social responsibility in Jordanian public shareholding companies on sustainable development. It also indicated that there is a statistically significant impact at the level of significance (α≤0.05) of economic, legal, ethical and philanthropic responsibility in Jordanian public shareholding companies on sustainable development. The study recommended a set of recommendations.
Highlights
The field of corporate social responsibility has grown considerably over the last decade
This study aims to identify the role of social responsibility with its dimensions for Jordanian public shareholding companies to contribute to sustainable development, as well as to achieve the following sub-goals: 1-To find out the most important social activities that Jordanian shareholding companies carry out
F calculated value =156.045which is more than the tabulated value (2.46), at a level significance (α≤0.05), which represents the significant of this model. (R2) = (0.569) indicates that legal responsibility interpret (46.9%) of the change in the sustainable development in Jordanian shareholding companies and it is a strong relationship between the variables, because the value of (R) = 75.5%
Summary
The field of corporate social responsibility has grown considerably over the last decade. Corporate social responsibility issues are being integrated into all aspects of business operations and explicit commitment to CSR is made in the visions, missions and value statements of an increasing number of companies all over the world. Corporate social responsibility reports issued usually go beyond profit maximization to include the company’s responsibilities to a broad range of stakeholders including employees, customers ,community and the environment. It is worth to mention that corporate social responsibility has four types namely: economic responsibility, legal responsibility ethical responsibility and Philanthropic responsibility. Corporate social responsibility and sustainability are among the most widely researched areas of business research, there are various studies that address CSR and sustainability either issues in specific industries or in the worldwide economy (Riasi & Purmiri, 2016)
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