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Initiating the Concept of Ihsan into Shari�ah�s Corporate Social Responsibility

Author

Listed:
  • Ririn Irmadariyani

    (Jember University, Indonesia Author-2-Name: Isti Fadah Author-2-Workplace-Name: Jember University, Indonesia Author-3-Name: Diana Sulianti K. Tobing Author-3-Workplace-Name: Jember University, Indonesia Author-4-Name: Siti Maria Wardayati Author-4-Workplace-Name: Jember University, Indonesia)

Abstract

"Objective � The objective of this study is to propose the implementation of the concept of ihsan into a company�s Shari�ah Corporate Social Responsibility (CSR). Methodology/Technique � Ihsan, as a concept in Islam, can be assessed from several approaches i.e., normative approach, theoretical approach, and empirical approach. A Company�s CSR activities aim to provide welfare to stakeholders but many theories propose different points of view. The entity theory argues that stakeholders are the shareholders only while the enterprise theory holds a broader view suggesting that stakeholder are not only the shareholders but that other stakeholders are involved. Meanwhile, the Shari'ah�s enterprise theory states that stakeholders include God, human, and nature. The difference existing among these theories motivate every company to implement the CSR activities based on the concept of ihsan. Findings � Results of this study show that the implementation of the concept of ihsan into the Shari�ah�s CSR could provide the Shari'ah added value. Novelty � This study contends that the CSR is not only to improve the reputation of the company but also to worship God via the concept of ihsan."

Suggested Citation

  • Ririn Irmadariyani, 2016. "Initiating the Concept of Ihsan into Shari�ah�s Corporate Social Responsibility," GATR Journals afr113, Global Academy of Training and Research (GATR) Enterprise.
    • Handle: RePEc:gtr:gatrjs:afr113
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    References listed on IDEAS

    as
    1. Parker, Lee D., 2014. "Corporate social accountability through action: Contemporary insights from British industrial pioneers," Accounting, Organizations and Society, Elsevier, vol. 39(8), pages 632-659.
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    More about this item

    Keywords

    Ihsan Concept; Shari�ah Corporate Social Responsibility; Shari�ah Enterprise Theory; Shari�ah Added Value.;
    All these keywords.

    JEL classification:

    • L53 - Industrial Organization - - Regulation and Industrial Policy - - - Enterprise Policy
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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