Responsibility Programs Research Articles

THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY ON BANK PERFORMANCE IN NIGERIA

The objective of the study was to investigate the impact of corporate social responsibility on bank’s performance in Nigeria. The ex-post-facto research design was adopted, and the study focused on selected banks. A yearly panel series data from 2007-2016 were sourced from the banks’ annual reports and Nigerian Exchange Group. The data was subjected to panel regression analysis to estimate the parameters of the model. The findings revealed that CSR have a significant and positive impact on net profit margin, suggesting that firms actively engaged in corporate social responsibility initiatives tend to experience better profitability. The analysis also shows a negative relationship between corporate social responsibility and earnings per share, indicating that corporate social responsibility may contribute to long-term value creation. Firm size emerges as a crucial factor in determining financial performance. Larger firms generally enjoy higher returns on equity and are more efficient in utilizing their assets to generate returns. The study concluded that the dual-edged nature of corporate social responsibility engagement, where the benefits to profitability and long-term value must be balanced against the potential short-term financial drawbacks. The study therefore recommended that firms should strategically integrate corporate social responsibility initiatives with their core business objectives to maximize the positive impact on profitability. firms should carefully evaluate the timing and scale of their corporate social responsibility investments. Firms should focus on streamlining operations to prevent the erosion of net profit margins. This can be achieved by adopting advanced technologies, optimizing supply chains, and reducing unnecessary overhead costs. Banks should establish clear metrics for evaluating the success of their corporate social responsibility programs, regularly review their impact on financial performance, and adjust as needed to maintain a balance between social responsibility and profitability.

Managing Goals in the Implementation of Corporate Social and Environmental Responsibility Programs in North Kalimantan Province

This study is intended to determine how the implementation of Managing Goals in the Implementation of Corporate Social and Environmental Responsibility Programs in North Kalimantan Province. By that contained in the Regulation of the Governor of North Kalimantan Province Number 11 of 2023. The data is then compiled in a qualitative study. Based on the results of the study, the research findings show that there are differences in the objectives of the three main elements of this TJSLP program. Starting from companies that see this program not purely as a development program but also as a fulfillment of obligations and the government and society view this program as a whole as sustainable development of the social environment of the North Kalimantan community. As well as the differences in the roles carried out by each stakeholder element in implementing the TJSLP program in North Kalimantan Province.

Responsive Corporate Social Responsibility: Insights Into Institutional and Agency Factors Influencing Japanese Multinational Enterprises

ABSTRACTThis manuscript investigates the factors influencing the selection of responsive corporate social responsibility (CSR) programmes in the subsidiaries of Japanese manufacturing multinational enterprises (MNEs) operating in Indonesia. With a significant and growing manufacturing sector funded by foreign direct investment—of which Japanese MNEs are a major participant—Indonesia offers a novel but significant focus given its low GDP per capita, ecological challenges and being one of the first nations in South‐East Asia to mandate CSR practices. Institutional and agency theories provide a multitheoretical lens for this responsive CSR study enabling a rich, robust framework for addressing both the external and internal drivers of CSR. This study uses a qualitative approach with a sample of four Japanese manufacturing MNEs. The data were collected by interviewing managing directors and CSR personnel of the subsidiary organisations and investigating the CSR practices in secondary data sources from websites and CSR reports from both the headquarter and subsidiary organisations. A proximity effect based on a combination of the size and location of the subsidiary operation was found to be important in determining responsive CSR activities. Personal preferences and connections with the community were also identified as key factors. Feedback loops were identified through MNE CSR reports and websites, which could influence other MNEs and community stakeholders seeking funding. This study's main contribution to the literature is the development of a conceptual framework that details both the internal and external factors influencing the decision‐making process of responsive CSR.

Strategi Diplomasi PT Indofood dalam Ekspansi Produk Indomie di Nigeria

The expansion of PT Indofood Sukses Makmur through its flagship instant noodle product, Indomie, in the Nigerian market serves as an example of the successful strategy of economic and corporate diplomacy. This study aims to examine the strategic steps implemented by PT Indofood in entering the international market, particularly Nigeria. The method used is a qualitative approach with analysis of secondary data such as journals, reports, and other official sources. The research results show that the success of Indomie in Nigeria is supported by strategic collaboration with Tolaram Group, product adaptation to local tastes, and the implementation of corporate social responsibility (CSR) programs. In addition to increasing market share, this approach also contributes to local economic development through job creation and diversification of the manufacturing sector. However, PT Indofood faces challenges, including inadequate infrastructure, economic fluctuations, and competition from local products. To ensure business sustainability, continuous adaptation strategies are needed. This study highlights the importance of synergy between economic diplomacy and corporate diplomacy in supporting business expansion into international markets, while also strengthening bilateral relations between Indonesia and Nigeria.

Implementation Of Creating Shared Value (CSV) In Corporate Social Responsibility (CSR) Programs To Enhance Business Value And Employee Performance (Case Study Of PT Len Industri (Persero), Bandung, West Java)

This study investigates the implementation of Creating Shared Value (CSV) in Corporate Social Responsibility (CSR) programs at PT Len Industri (Persero), focusing on the SolarPump and SolarTree initiatives. By aligning societal and business objectives, these programs have demonstrated tangible impacts, including increased corporate revenue, enhanced employee performance, and improved public reputation. The SolarPump initiative addresses clean water scarcity in rural areas, while SolarTree provides urban communities with access to renewable energy solutions. The findings reveal that CSV not only enhances business value through market expansion and revenue growth but also improves employee motivation, skill development, and loyalty. This study concludes that CSV is a strategic approach capable of fostering sustainable development and corporate competitiveness, providing valuable insights for businesses seeking to integrate social impact with their core objectives

Sinergi MNC University, SHARP Class, dan SMK Boedi Luhur dalam Pengembangan UMKM

The development of Micro, Small and Medium Enterprises (MSMEs) is one of the strategic efforts to encourage local and national economic growth. However, low technological literacy and data analytical capabilities are the main obstacles for MSMEs in facing competition in the digital era. To answer these challenges, MNC University, in collaboration with the SHARP Class Corporate Social Responsibility (CSR) program from PT SHARP Electronics Indonesia, as well as Boedi Luhur Bekasi Vocational School, is implementing a technology-based community service program. This program focuses on providing data analytics skills to vocational school students as young people who have the potential to support MSMEs in their surrounding environment. This activity includes intensive training on data processing using computer science-based tools and methods, designed to improve students' ability to understand, analyze and apply data in making business decisions. A collaborative approach involving academics, industry practitioners and vocational educators ensures that the material presented is relevant to the needs of industry and MSMEs. The results of this program show a significant increase in participants' understanding and skills in data analytics, as well as the real contribution of Boedi Luhur Vocational School students in supporting the development of local MSMEs. This study provides empirical evidence that synergy between educational institutions, industry and vocational schools can be a model of sustainability in developing technology-based human resource capacity.

Assessing the Cocoa Farmer Empowerment Program through the Lens of Stufflebeam's Evaluation Framework: A Farmer-Centric Approach

This study evaluates the effectiveness of PT. Berau Coal's Corporate Social Responsibility (CSR) program for empowering cocoa farmers in Berau Regency, Indonesia, using Stufflebeam's Context, Input, Process, and Product (CIPP) evaluation model. Through in-depth interviews, focus group discussions, and observations involving 28 key informants, including representatives from PT. Berau Coal, local government, NGOs, and cocoa farmers, the study assesses the program's alignment with farmers' needs, the provision of resources and training, implementation challenges, and outcomes. The findings reveal that the program addresses farmers' aspirations for economic improvement and capacity building, with PT. Berau Coal providing essential facilities, knowledge-sharing opportunities, and a supportive environment. However, challenges persist, including the need for enhanced collaboration with the government, expanded socialization efforts, and a comprehensive monitoring and evaluation system. Despite these challenges, the program has yielded positive results, such as increased cocoa production and sales, and the emergence of skilled farmer champions. The study recommends strengthening partnerships within the cocoa value chain and continuously adapting the program to ensure its long-term sustainability and scalability in driving the empowerment of cocoa farmers in Berau Regency.

The Urgency of Community Participation and Empowerment in Corporate Social Responsibility (CSR) Programs: A Case Study in Riau Province, Indonesia

Community empowerment is crucial for poverty alleviation, allowing communities to develop their potential and strengthen their power. However, government funding is limited, leading to the need for Corporate Social Responsibility (CSR) programs. In Riau Province, Indonesia, CSR implementation is not optimal, resulting in a poverty rate of 8.42%. The research uses a qualitative method with a case study approach to analyze the situation. CSR programs should focus on community empowerment and partnership, using principles like democratic, transparent, accountable, and responsive. However, issues such as involving the community in program development, focusing on community economic development, lack of community economic empowerment, lack of sustainability, lack of synergy with the government, and assistance provided hinder community empowerment.

Indian mining industry: exploring the significance of social audit in fostering sustainable corporate social responsibility

PurposeThis study aims to understand the relationship between social audit (SA) and sustainable corporate social responsibility (SCSR). Furthermore, this study will investigate the mediating effect of corporate social innovation (CSI) on the relationship between SA and SCSR and the moderating impact of community participation (CP) on the relationship between CSI and SCSR.Design/methodology/approachThis research was conducted in Odisha, a state in India, with 448 respondents and a response rate of 89%. The convenience sampling technique was used, and questionnaires were prepared in English and translated into regional languages during data collection. Psychological separation and Harman’s single-factor test were used to avoid common method bias. Exploratory factor analysis and confirmatory factor analysis were performed step by step to validate the proposed model.FindingsThe current study indicates that SA positively impacts SCSR. Findings from the analysis show that CSI partially mediates the relationship between SA and SCSR. Furthermore, this study indicates that CP moderates the relationship between CSI and SCSR.Originality/valueThis study is one of its kind concerning the variables considered, and it can work as a stepping stone for upgrading the delivery mechanism for corporate social responsibility (CSR) programs, which can solve the fundamental problems faced in society more effectively. It will provide new paths for future researchers to study in the area of audit and CSR.

Legal Certainty of Sustainable Finance Provisions in Relation to Corporate Social Responsibility (CSR) Programs at Financial Services Institutions

Corporate Social Responsibility (CSR) has become an essential element in the operations of companies, particularly financial service institutions, in line with the growing attention to the concept of sustainable finance. This research is motivated by the legal uncertainty in implementing sustainable finance linked to CSR programs, which often face issues such as inconsistent definitions, unclear sanctions, and non-standardized reporting mechanisms across various regulations. The objective of this study is to analyze the regulation of sustainable finance in relation to CSR and evaluate the legal certainty embedded in its implementation by financial service institutions. This study employs a juridical-normative method with an analytical approach to legislation, official documents, and case studies in several companies within the financial services industry. The results indicate that the regulations on sustainable finance and CSR in Indonesia still face several challenges. Law No. 40 of 2007 on Limited Liability Companies regulates CSR obligations generally but does not impose specific sanctions. Meanwhile, Law No. 25 of 2007 on Investment provides for administrative sanctions but lacks clear enforcement mechanisms. Additionally, the Financial Services Authority Regulation (POJK) No. 51/POJK.03/2017 mandates financial service institutions to develop sustainability action plans and sustainability reports, but its implementation is limited to certain sectors without addressing inclusivity. Existing regulations also fail to optimally provide tax incentives that can encourage consistent CSR implementation by businesses. The conclusion of this study highlights the need for regulatory harmonization to create legal certainty that supports the implementation of sustainable finance and CSR. This includes aligning definitions, strengthening reporting mechanisms, establishing clear sanctions, and improving oversight. With legal certainty, financial service institutions can be more confident in investing in sustainability projects and executing CSR programs that positively impact society, the environment, and business continuity. This research aims to serve as a reference for policymakers and companies in promoting inclusive social and economic development.

Stakeholder Dialogue in PT Telkom Indonesia's Corporate Social Responsibility Program

Stakeholder dialogue is an important element because it allows constructive participation with parties involved in Corporate Social Responsibility. PT Telkom Indonesia, which runs a Micro, Small and Medium Enterprises development program as CSR, builds dialogue with business actors to jointly make the program a success. This study starts from problems that need to be communicated between the two parties, such as conveying complaints and aspirations. Thus, this study aims to examine stakeholder dialogue in MSME development as a CSR activity of Telkom Indonesia. This study uses a qualitative approach with a case study method. The results of the study show that stakeholder dialogue is carried out both internally and externally. The stakeholder dialogue that occurs is in the form of interaction through social media channels for coordination, as well as conducting company visits to fostered partners offline. In addition, dialogue occurs in monitoring and evaluation activities where the company discusses feedback provided by fostered partners as external parties.

Transforming Human Resource Management for Common Good Agenda: An Outside-in Approach

Purpose: The main purpose of this paper is to delineate the concept and challenges of sustainable human resource management (sustainable HRM) to manage people from an outside-in approach. Methodology/Design: This paper is a very conceptual type and presents the views of authors drawn from the scholarly contributions of human-side enterprises in the context of business as usual, corporate social responsibility, triple bottom line, and sustainable development goals (SDGs-2030). Findings: Since concepts and perspectives of sustainable HRM are emerging, there are challenges to designing and implementing it from an outside-in approach. Traditional organizational structure, inadequate reward, role conflict, ambiguity, and support from management and shareholders are some of the challenges. However, since sustainable HRM is an ethical responsibility to the survival and longevity of businesses/organizations through promoting environmental, economic, and social advantages in the long run, stakeholders could be interested and benefit from it. Research limitations/Implications: Adequate scientific inquiry is required in the future to comprehend sustainable HRM concepts, practices, challenges, and outcomes in relation to SDGs to promote the common good. Practice implications: Since Nepal has ratified the SDGs and incorporated these goals into the national development plan, it is the responsibility of private, public, and higher education institutions to act in accelerating the SDG movement to cope with economic, environmental, and social challenges at the organizational level through transforming HRM purposes. Originality/value: This study highlights the need for a paradigm shift in management practices by framing HRM transformation within the "Common Good Agenda" and positioning HRM as a force for positive social change through an outside-in approach. Such an approach would be especially relevant in light of corporate social responsibility (CSR) programs and sustainable development goals (SDGs).

Correlation of the Effect of Mentoring on the Profits of UMKM Fostered by Corporate Social Responsibility (CSR) Pertamina Sumbagsel

The purpose of this study is to look into the relationship between increased profitability and a mentoring program among Micro, Small, and Medium-Sized Enterprises (MSMEs) taking part in Pertamina Sumbagsel's Corporate Social Responsibility (CSR) program. This research is motivated by the important role of MSMEs in the Indonesian economy and the potential of CSR initiatives to improve their performance. Through a survey of 170 MSMEs in South Sumatra, this research analyzes the impact of various aspects of mentoring, including training frequency, financial assistance, and duration of mentoring, on MSME profitability. Adopting a quantitative strategy, This research undertakes a regression analysis to statistically determine the extent to which mentoring influences profits. The conclusions drawn from this study reveal a favorable and statistically significant relationship between participating MSMEs' increased profitability and the level of mentorship. This shows that the mentoring program carried out by Pertamina Sumbagsel is effective in contributing to business financial growth. Additionally, this research identifies specific mentoring components that have the greatest impact on profitability, providing valuable insights for targeted program improvements.

Strategi Implementasi Perubahan Organisasi di Era Digital untuk Meningkatkan Efisiensi dan Daya Saing pada PT. Barito Renewables Energy Tbk

PT Barito Renewables Energy, Tbk (BREN) has emerged as one of the leaders in the renewable energy sector in Indonesia with a focus on diversifying energy sources, including solar and wind power development. The company utilizes advanced technologies such as Internet of Things (IoT) and Big Data to improve operational efficiency and reliability of energy supply. Through strategic partnerships with global companies and collaboration with the government, BREN contributes to Indonesia's clean energy transition. Funding through an Initial Public Offering (IPO) in 2023 successfully raised IDR 3.13 trillion in capital to support expansion and innovation. Commitment to sustainability is reflected in environmentally friendly projects and corporate social responsibility (CSR) programs that empower local communities. By continuously increasing production capacity and exploring new projects, BREN demonstrates real steps in change management that support business sustainability and competitiveness in the digital era. BREN's success serves as a model for other energy companies in facing global challenges and contributing to Indonesia's green energy transition.

Persepsi Masyarakat Rw 05 Karang Asem Barat Citeureup Kabupaten Bogor Terhadap Program Tanggung Jawab Sosial Lingkungan

This research aims to determine the perception of the RW 05 community towards the environmental social responsibility program of PT Argha Karya Prima Industri Tbk. The independent variable (X1) is individual characteristics, (X2) environmental social responsibility and the dependent variable (Y) is community perception. The indicators used are individual characteristic variables, gender, age, marital status, number of dependents. And indicators of environmental social responsibility (X2) are health, economy, socio-culture. Meanwhile, indicators of public perception include cognitive, affective and conative. This research was carried out in RW 05, Karang Asem Barat sub-district, Citeureup sub-district, Bogor regency. This research uses a descriptive approach with quantitative methods. The sampling technique uses non-probability sampling with the criteria of the RW 05 community. The data collection technique is by distributing questionnaires to 80 respondents and observing. The results found that there was a relationship between environmental social responsibility programs and community perceptions. Respondents felt fulfilled by the TJSL program which was clear and responsible for the environment. Environmental social responsibility programs with economic indicators have a real and significant relationship with affective variables. From these results it can be clearly seen that the influence is unidirectional or positive

Effectiveness of Babada Corp's Corporate Social Responsibility (CSR) Program in Pekanbaru City

The presence of a company within the society is fundamentally anticipated to be beneficial and capable of fostering a mutually symbiotic relationship between the two entities. Each company is obligated to attend to its surrounding environment through Corporate Social Responsibility (CSR) programs or social responsibilities. Many companies overlook the well-being of the society around them and engage in CSR merely as a formality. However, Babada Corp, operating in the food industry, consistently implements CSR programs and internalizes them as a matter of consciousness. This study aims to discover the effectiveness of Babada Corp's Corporate Social Responsibility (CSR) program on the surrounding community and to identify the hindering factors that impede the company in fulfilling its obligations through CSR programs.The methodological approach implemented in this research is qualitative method with descriptive phenomenological approach, using data collection techniques such as observation, interviews, and documentation. The study draws upon Sutrisno's theory of program effectiveness as its theoretical framework. Data for this study consists of primary and secondary data. Primary data obtained through interviews with research informants and secondary data acquired through observations and documentation of the research object.The findings of the study indicate that Babada Corp focuses its CSR efforts on five areas: religious preaching, economic, education, healthcare, and humanity. Despite encountering challenges in implementation, the programs have been effective and sustainable. One of the inhibiting factors is the absence of a predefined schedule due to financial constraints hindering program disbursement.

KEMITRAAN STRATEGIS DALAM IMPLEMENTASI CSR DI KOTA MAKASSAR : PERAN AKTOR UTAMA

This study explores the implementation of the Corporate Social Responsibility (CSR) program in Makassar City, focusing on the roles of government, private sector and society in supporting sustainable development. Through analysis of local regulations and active contributions from various parties, this research shows how the collaboration of these three actors can create a positive impact in overcoming social, economic and environmental challenges at the local level. These findings provide important insights for practitioners and researchers to understand the dynamics of CSR implementation in local government contexts, with implications for more effective and sustainable public policy.

Zero Plastic Drive: A Comprehensive Review on Unveiling Innovative Sustainable Solutions for a Circular Plastics Economy

Living in a society where plastic has become a necessity, the over-reliance on these materials is quite disturbing as they have social and economic effects, especially in waste disposal and resource management. Such issues have introduced the circular plastics economy (CPE), which aims to eliminate plastic waste by focusing on reducing, recycling, and reusing (3R) and designing biodegradable plastic products. Owing to these facts, a systematic literature review (SLR) was conducted to analyze the existing literature on circular economy principles and plastic waste management systems in terms of 3R initiatives. Also, this study showcases the CPE by investigating how it is possible to manage plastic within a circular economy instead of a linear system. Additionally, system dynamics modeling (SDM) was applied to examine the inter-relationships between key elements such as plastic production, waste generation, recycling rates, and regulatory actions, along with the cognizance phase of waste diversion and advanced sorting technology to minimize landfill dependency and environmental pollution initiatives, including producer responsibility programs and zero-landfill targets. This study accumulated that zero waste strategies, such as plastic circularity, national waste management, and high-quality recycling, have achieved recycling rates ranging from 30% to 81% across various countries, significantly reducing plastic waste and enhancing resource efficiency. However, the added strategies in countries that are related to policy-driven initiatives can prospectively be useful for increasing recycling capacity to eliminate plastic waste in landfills, promoting a circular economy and sustainable waste management practices. This study also involved the critical stakeholders of the CPE who will make the utilization of plastic waste a reality. Ultimately, this research contributes to the fast-growing knowledge base on plastic waste management by presenting an interdisciplinary framework based on model synthesis and mathematical modeling, which is crucial for decision-makers, industries, and researchers.

Government Digital Communication Model in Corporate Social Responsibility Programs (Study in Gunung Kidul, Yogyakarta-Indonesia)

Government Digital Communication Model in Corporate Social Responsibility Programs (Study in Gunung Kidul, Yogyakarta-Indonesia)

Empowering future leaders: a cross-university study on integrating SDGS in university social responsibility programs in Taiwan

Purpose This study aims to examine the efforts of two universities in Taiwan, particularly their engagement in coastal rural communities, and provides insights into the substantial contributions of University Social Responsibility (USR) projects toward achieving the sustainable development goals (SDGs) in rural settings. The objective of this research is to analyze the outcomes of these case projects on the SDGs and, consequently, to propose a theoretical model aimed at enhancing student participation in achieving SDGs through USR programs. Design/methodology/approach This study adapted the methodology comprising SDGs contribution analysis and participant observation. The SDGs contribution analysis unfolds in three steps. First, the authors conducted evaluation of the 2030 Agenda for Sustainable Development. This step involved a thorough analysis of all 17 SDGs and their respective targets to establish a foundational understanding. Second, analyzed the outcomes of the case projects to examine the specific contributions of case projects toward achieving the SDGs. Third, the information from the preceding steps is analyzed to determine the extent of the case projects’ contributions to the SDGs. Findings The study proposes a theoretical model to enhance student engagement in achieving SDGs, emphasizing student empowerment, community partnership and robust evaluation methods aligned with SDGs and social impacts. This model could offer guidance for higher education institutions (HEIs) globally on utilizing USR programs to contribute to the SDGs, while simultaneously enriching student learning experiences through practical engagement and empowerment. Research limitations/implications This model can be enhanced and validated by applying more rigorous scientific methods. For instance, conducting surveys on students and community participants of events and activities, utilizing a statistically rigorous approach such as pre-post testing, can analyze the effectiveness of these programs on various SDG-related variables (e.g. awareness of SDGs). Additionally, exploring the relationships between the tested variables can be a potential research direction. For instance, examining whether community engagement can positively increase the social impacts of USR projects, or whether student empowerment can enhance community capacity building, are important issues worthy of discovery. Practical implications This model emphasizes the pivotal role of student empowerment, advocating for an educational approach that not only enhances students’ proficiency in community development but also potentially shapes their career trajectories, as evidenced by the case projects examined in this study. In essence, this model offers HEIs a structured pathway to enrich student engagement in realizing SDGs through USR initiatives. It posits student empowerment as the foundational element, fostering a learning environment where students gain valuable skills and insights into community development, potentially guiding their future professional endeavors. This research provides practical direction for those HEIs implementing USR projects, which will increase the positive impacts brought by HEIs, especially for the students and local community. Originality/value To the best of the authors’ knowledge, no previous studies have proposed a theoretical model specifically designed to engage students in achieving SDGs through USR programs in a rural context. The significance of this study lies in its potential to serve as a guide for higher education institutions globally, enabling them to effectively leverage USR programs to contribute toward SDGs. This makes the study an invaluable resource for researchers, policymakers and educators who are committed to fostering sustainability.