The influence of corporate social responsibility (CSR) on the development of business sustainability in selected private sector in Sabah

The concept of Corporate Social Responsibility has become one of the initiatives to grow business development among many companies and their partner by emphasizing their mission and vision to get closer to the community. It has a significant impact on the development of business processes that are e...

Full description

Bibliographic Details
Main Authors: Helmina Thomas, Toh Pei Sung, Stephen Laison Sondoh Jr., Dean Nelson Mojolou
Format: Proceedings
Language:English
English
Published: Faculty of Business, Economics and Accountancy 2021
Subjects:
Online Access:https://eprints.ums.edu.my/id/eprint/32256/3/The%20influence%20of%20corporate%20social%20responsibility%20%28CSR%29%20on%20the%20development%20of%20business%20sustainability%20in%20selected%20private%20sector%20in%20Sabah.ABSTRACT.pdf
https://eprints.ums.edu.my/id/eprint/32256/2/THE%20INFLUENCE%20OF%20CORPORATE%20SOCIAL%20RESPONSIBILITY%20%28CSR%29%20ON%20THE%20DEVELOPMENT%20OF%20BUSINESS%20SUSTAINABILITY%20IN%20SELECTED%20PRIVATE%20SECTOR%20IN%20SABAH.pdf
_version_ 1825714661439307776
author Helmina Thomas
Toh Pei Sung
Stephen Laison Sondoh Jr.
Dean Nelson Mojolou
author_facet Helmina Thomas
Toh Pei Sung
Stephen Laison Sondoh Jr.
Dean Nelson Mojolou
author_sort Helmina Thomas
collection UMS
description The concept of Corporate Social Responsibility has become one of the initiatives to grow business development among many companies and their partner by emphasizing their mission and vision to get closer to the community. It has a significant impact on the development of business processes that are effective and efficient while also achieving a high level of performance toward a sustainable process. Therefore, the purpose of this paper is to investigate the influence of corporate social responsibility toward developing business sustainability in the private sector in Sabah. There are three corporate social responsibility variables to be tested, namely customer, employee, and environment. For the dependent variable, the three-bottom line of business sustainability theory is used. A questionnaire was developed to obtain data from the respondent using non-probability sampling techniques, which is purposive sampling techniques. The data are collected from selected private sectors in Sabah. The result implies that there is a relationship between corporate social responsibility and business sustainability. It can be concluded that corporate social responsibility can have an influence on an organization’s sustainability. To be more competitive in business nowadays, any organization should plan an effective strategy on their corporate social responsibility to enhance their chance to maximize profit and productivity. The study finding will assist the private sector in Sabah in addressing the weakness and strengths of their corporate social responsibility program that has been implemented and serve as a foundation or set of principles for future business sustainability strategies.
first_indexed 2024-03-06T03:15:11Z
format Proceedings
id ums.eprints-32256
institution Universiti Malaysia Sabah
language English
English
last_indexed 2024-03-06T03:15:11Z
publishDate 2021
publisher Faculty of Business, Economics and Accountancy
record_format dspace
spelling ums.eprints-322562022-04-18T00:28:21Z https://eprints.ums.edu.my/id/eprint/32256/ The influence of corporate social responsibility (CSR) on the development of business sustainability in selected private sector in Sabah Helmina Thomas Toh Pei Sung Stephen Laison Sondoh Jr. Dean Nelson Mojolou HD4801-8943 Labor. Work. Working class HD60-60.5 Social responsibility of business The concept of Corporate Social Responsibility has become one of the initiatives to grow business development among many companies and their partner by emphasizing their mission and vision to get closer to the community. It has a significant impact on the development of business processes that are effective and efficient while also achieving a high level of performance toward a sustainable process. Therefore, the purpose of this paper is to investigate the influence of corporate social responsibility toward developing business sustainability in the private sector in Sabah. There are three corporate social responsibility variables to be tested, namely customer, employee, and environment. For the dependent variable, the three-bottom line of business sustainability theory is used. A questionnaire was developed to obtain data from the respondent using non-probability sampling techniques, which is purposive sampling techniques. The data are collected from selected private sectors in Sabah. The result implies that there is a relationship between corporate social responsibility and business sustainability. It can be concluded that corporate social responsibility can have an influence on an organization’s sustainability. To be more competitive in business nowadays, any organization should plan an effective strategy on their corporate social responsibility to enhance their chance to maximize profit and productivity. The study finding will assist the private sector in Sabah in addressing the weakness and strengths of their corporate social responsibility program that has been implemented and serve as a foundation or set of principles for future business sustainability strategies. Faculty of Business, Economics and Accountancy 2021-12-20 Proceedings PeerReviewed text en https://eprints.ums.edu.my/id/eprint/32256/3/The%20influence%20of%20corporate%20social%20responsibility%20%28CSR%29%20on%20the%20development%20of%20business%20sustainability%20in%20selected%20private%20sector%20in%20Sabah.ABSTRACT.pdf text en https://eprints.ums.edu.my/id/eprint/32256/2/THE%20INFLUENCE%20OF%20CORPORATE%20SOCIAL%20RESPONSIBILITY%20%28CSR%29%20ON%20THE%20DEVELOPMENT%20OF%20BUSINESS%20SUSTAINABILITY%20IN%20SELECTED%20PRIVATE%20SECTOR%20IN%20SABAH.pdf Helmina Thomas and Toh Pei Sung and Stephen Laison Sondoh Jr. and Dean Nelson Mojolou (2021) The influence of corporate social responsibility (CSR) on the development of business sustainability in selected private sector in Sabah. https://www.ums.edu.my/fpep/en/seminar-and-conference/seminar-on-business-and-management-sbm/sbm-2021
spellingShingle HD4801-8943 Labor. Work. Working class
HD60-60.5 Social responsibility of business
Helmina Thomas
Toh Pei Sung
Stephen Laison Sondoh Jr.
Dean Nelson Mojolou
The influence of corporate social responsibility (CSR) on the development of business sustainability in selected private sector in Sabah
title The influence of corporate social responsibility (CSR) on the development of business sustainability in selected private sector in Sabah
title_full The influence of corporate social responsibility (CSR) on the development of business sustainability in selected private sector in Sabah
title_fullStr The influence of corporate social responsibility (CSR) on the development of business sustainability in selected private sector in Sabah
title_full_unstemmed The influence of corporate social responsibility (CSR) on the development of business sustainability in selected private sector in Sabah
title_short The influence of corporate social responsibility (CSR) on the development of business sustainability in selected private sector in Sabah
title_sort influence of corporate social responsibility csr on the development of business sustainability in selected private sector in sabah
topic HD4801-8943 Labor. Work. Working class
HD60-60.5 Social responsibility of business
url https://eprints.ums.edu.my/id/eprint/32256/3/The%20influence%20of%20corporate%20social%20responsibility%20%28CSR%29%20on%20the%20development%20of%20business%20sustainability%20in%20selected%20private%20sector%20in%20Sabah.ABSTRACT.pdf
https://eprints.ums.edu.my/id/eprint/32256/2/THE%20INFLUENCE%20OF%20CORPORATE%20SOCIAL%20RESPONSIBILITY%20%28CSR%29%20ON%20THE%20DEVELOPMENT%20OF%20BUSINESS%20SUSTAINABILITY%20IN%20SELECTED%20PRIVATE%20SECTOR%20IN%20SABAH.pdf
work_keys_str_mv AT helminathomas theinfluenceofcorporatesocialresponsibilitycsronthedevelopmentofbusinesssustainabilityinselectedprivatesectorinsabah
AT tohpeisung theinfluenceofcorporatesocialresponsibilitycsronthedevelopmentofbusinesssustainabilityinselectedprivatesectorinsabah
AT stephenlaisonsondohjr theinfluenceofcorporatesocialresponsibilitycsronthedevelopmentofbusinesssustainabilityinselectedprivatesectorinsabah
AT deannelsonmojolou theinfluenceofcorporatesocialresponsibilitycsronthedevelopmentofbusinesssustainabilityinselectedprivatesectorinsabah
AT helminathomas influenceofcorporatesocialresponsibilitycsronthedevelopmentofbusinesssustainabilityinselectedprivatesectorinsabah
AT tohpeisung influenceofcorporatesocialresponsibilitycsronthedevelopmentofbusinesssustainabilityinselectedprivatesectorinsabah
AT stephenlaisonsondohjr influenceofcorporatesocialresponsibilitycsronthedevelopmentofbusinesssustainabilityinselectedprivatesectorinsabah
AT deannelsonmojolou influenceofcorporatesocialresponsibilitycsronthedevelopmentofbusinesssustainabilityinselectedprivatesectorinsabah