Comparative Research Implementation of CSR (Corporate Social Responsibility) in Various Sectors of the Indonesian Stock Exchange

Purpose: Up until now, no study has compared how CSR (Corporate Social Responsibility) is implemented across different business sectors. This article's purpose is to close this knowledge gap by examining how businesses across many industries modify and incorporate social responsibility into th...

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Main Authors: Irma Wagestia Pudza, Nurabiah
Format: Article
Language:English
Published: CSRC Publishing 2023-12-01
Series:Journal of Accounting and Finance in Emerging Economies
Subjects:
Online Access:https://www.publishing.globalcsrc.org/ojs/index.php/jafee/article/view/2821
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author Irma Wagestia Pudza
Nurabiah
author_facet Irma Wagestia Pudza
Nurabiah
author_sort Irma Wagestia Pudza
collection DOAJ
description Purpose: Up until now, no study has compared how CSR (Corporate Social Responsibility) is implemented across different business sectors. This article's purpose is to close this knowledge gap by examining how businesses across many industries modify and incorporate social responsibility into their fundamental business practices to draw in both domestic and foreign investors. Design/Methodology/Approach: The study employs a descriptive quantitative research design, utilizing secondary data collecting via examination of annual reports or company sustainability reports from the three primary industries that are listed on the Indonesian Stock Exchange (BEI) and frequently engage in voluntary corporate social responsibility. Findings: The analysis's findings demonstrate how the three sectors embrace the idea of social responsibility, albeit with various implementation strategies. The major consumer sector is more focused on the environment, the technological sector focuses on social issues, and the finance sector prioritizes corporate social responsibility from an economic perspective. Implications/Originality/Value: Offers a global perspective on corporate social responsibility (CSR), pertinent data and analysis for investors from different nations, and the potential to grow into a significant global resource for the community at large for comprehending how CSR affects sustainable investment choices in the global market.
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spelling doaj.art-6326744bf200474bb9a3c75d435e790f2024-01-06T13:58:34ZengCSRC PublishingJournal of Accounting and Finance in Emerging Economies2519-03182518-84882023-12-019410.26710/jafee.v9i4.2821Comparative Research Implementation of CSR (Corporate Social Responsibility) in Various Sectors of the Indonesian Stock ExchangeIrma Wagestia Pudza0Nurabiah1Mataram University Jl. Majapahit No 62 Mataram, Kota Mataram, NTB, IndonesiaMataram University Jl. Majapahit No 62 Mataram, Kota Mataram, NTB, Indonesia Purpose: Up until now, no study has compared how CSR (Corporate Social Responsibility) is implemented across different business sectors. This article's purpose is to close this knowledge gap by examining how businesses across many industries modify and incorporate social responsibility into their fundamental business practices to draw in both domestic and foreign investors. Design/Methodology/Approach: The study employs a descriptive quantitative research design, utilizing secondary data collecting via examination of annual reports or company sustainability reports from the three primary industries that are listed on the Indonesian Stock Exchange (BEI) and frequently engage in voluntary corporate social responsibility. Findings: The analysis's findings demonstrate how the three sectors embrace the idea of social responsibility, albeit with various implementation strategies. The major consumer sector is more focused on the environment, the technological sector focuses on social issues, and the finance sector prioritizes corporate social responsibility from an economic perspective. Implications/Originality/Value: Offers a global perspective on corporate social responsibility (CSR), pertinent data and analysis for investors from different nations, and the potential to grow into a significant global resource for the community at large for comprehending how CSR affects sustainable investment choices in the global market. https://www.publishing.globalcsrc.org/ojs/index.php/jafee/article/view/2821CSR (Corporate Social Responsibility)BEI (Indonesian Stock Exchange)GRI (Global Reporting Initiative)InvestorsGlobal Markets
spellingShingle Irma Wagestia Pudza
Nurabiah
Comparative Research Implementation of CSR (Corporate Social Responsibility) in Various Sectors of the Indonesian Stock Exchange
Journal of Accounting and Finance in Emerging Economies
CSR (Corporate Social Responsibility)
BEI (Indonesian Stock Exchange)
GRI (Global Reporting Initiative)
Investors
Global Markets
title Comparative Research Implementation of CSR (Corporate Social Responsibility) in Various Sectors of the Indonesian Stock Exchange
title_full Comparative Research Implementation of CSR (Corporate Social Responsibility) in Various Sectors of the Indonesian Stock Exchange
title_fullStr Comparative Research Implementation of CSR (Corporate Social Responsibility) in Various Sectors of the Indonesian Stock Exchange
title_full_unstemmed Comparative Research Implementation of CSR (Corporate Social Responsibility) in Various Sectors of the Indonesian Stock Exchange
title_short Comparative Research Implementation of CSR (Corporate Social Responsibility) in Various Sectors of the Indonesian Stock Exchange
title_sort comparative research implementation of csr corporate social responsibility in various sectors of the indonesian stock exchange
topic CSR (Corporate Social Responsibility)
BEI (Indonesian Stock Exchange)
GRI (Global Reporting Initiative)
Investors
Global Markets
url https://www.publishing.globalcsrc.org/ojs/index.php/jafee/article/view/2821
work_keys_str_mv AT irmawagestiapudza comparativeresearchimplementationofcsrcorporatesocialresponsibilityinvarioussectorsoftheindonesianstockexchange
AT nurabiah comparativeresearchimplementationofcsrcorporatesocialresponsibilityinvarioussectorsoftheindonesianstockexchange