Stakeholders Perception on Mandated CSR Laws in Indonesia

UNIVERSITAS BINA DARMA, UNIVERSITAS BINA DARMA (2022) Stakeholders Perception on Mandated CSR Laws in Indonesia. Stakeholders Perception on Mandated CSR Laws in Indonesia.

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Abstract

Indonesia has been known as one of the first country having CSR mandatory regulatory approach. This paper tries to examine the perception of the companies and the local community members on the implementation of this CSR law. The paper firstly identifies what has been mandated by CSR law in Indonesia, and some circumstances that may affect the implementation of CSR law. Then, it continues to examine the companies and local community perceptions. The research finds that the implementation of CSR law is challenged by some circumstances in the local context, as a result of the decentralization that has distributed the power and authority to the local stakeholders. The dark side of decentralization such as the local corruption and bribery has impacted the way CSR implemented in the field. Therefore, the implementation of the law probably are not in line with its goal anymore, which is to improve the local people life.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: Mr Edi Surya Negara
Date Deposited: 21 Jun 2022 05:03
Last Modified: 21 Jun 2022 05:03
URI: http://eprints.binadarma.ac.id/id/eprint/13690

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