IDEAS home Printed from https://ideas.repec.org/a/hur/ijarbs/v7y2017i6p39-51.html
   My bibliography  Save this article

Implementation of Corporate Social Responsibility Program for Education in Government Banking of Malang

Author

Listed:
  • Dewi Sri Sejati
  • Budi Eko Soetjipto
  • Wening Patmi Rahayu

Abstract

This study was done in two State-owned enterprise banking which are Bank Rakyat Indonesia and Bank Negara Indonesia. The aim of this study is to know the underlying reason of the companies do the activity of CSR for education and their strategies in implementing the CSR program for education. This study used qualitative research method with descriptive approach with multi-sites study type. The result of this study showed that both companies have less striking similarities and differences, since both banks are stateowned banks which have been recognized by the people in terms of Corporate Social Responsibility for education. The underlying reason for the company to do CSR activities is because of government regulations about the obligation of SOEs (BUMN) to implement CSR. The strategies of the two companies do not have a significant difference. Since the researcher conducted the research in the branch office that has central office, then all activities undertaken must get approval from the regional and central office by sending a letter of recommendation. As seen in the objectives of the Corporate Social Responsibility program undertaken by the company, there are things that cannot be separated with corporate objectives. The development of CSR for education is very useful for companies and corporate partners for the implementation of social activities and the achievement of corporate goals. As performed by BRI and BNI in carrying out CSR activities, BRI has included it in the Vision of the company, while BNI has included it on the Mission of the company so that the implementation of CSR is in line with corporate goals.

Suggested Citation

  • Dewi Sri Sejati & Budi Eko Soetjipto & Wening Patmi Rahayu, 2017. "Implementation of Corporate Social Responsibility Program for Education in Government Banking of Malang," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 7(6), pages 39-51, June.
    • Handle: RePEc:hur:ijarbs:v:7:y:2017:i:6:p:39-51
    as

    Download full text from publisher

    File URL: http://hrmars.com/hrmars_papers/Implementation_of_Corporate_Social_Responsibility_Program_for_Education_in_Government_Banking_of_Malang.pdf
    Download Restriction: no
    File URL: http://hrmars.com/hrmars_papers/Implementation_of_Corporate_Social_Responsibility_Program_for_Education_in_Government_Banking_of_Malang.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Peter Wright & Stephen P. Ferris, 1997. "Agency Conflict And Corporate Strategy: The Effect Of Divestment On Corporate Value," Strategic Management Journal, Wiley Blackwell, vol. 18(1), pages 77-83, January.
    2. Razvan Catalin Dobrea & Felicia Alina Dinu, 2011. "Social Responsibility: Support for the Economic Performance of Romanian SMEs," MIC 2011: Managing Sustainability? Proceedings of the 12th International Conference, Portorož, 23–26 November 2011 [Selected Papers],, University of Primorska, Faculty of Management Koper.
    3. Epstein, Marc & Flamholtz, Eric & McDonough, John J., 1976. "Corporate social accounting in the United States of America: State of the art and future prospects," Accounting, Organizations and Society, Elsevier, vol. 1(1), pages 23-42, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fabien Martinez, 2014. "Corporate strategy and the environment: towards a four-dimensional compatibility model for fostering green management decisions," Post-Print hal-02887618, HAL.
    2. Christopher Groening & Vamsi K. Kanuri, 2018. "Investor Reactions to Concurrent Positive and Negative Stakeholder News," Journal of Business Ethics, Springer, vol. 149(4), pages 833-856, June.
    3. Eng, Li Li & Fikru, Mahelet G. & Vichitsarawong, Thanyaluk, 2021. "The impact of toxic chemical releases and their management on financial performance," Advances in accounting, Elsevier, vol. 53(C).
    4. Nagib Salem Bayoud & Marie Kavanagh & Geoff Slaughter, 2012. "An Empirical Study Of The Relationship Between Corporate Social Responsibility Disclosure And Organizational Performance: Evidence From Libya," International Journal of Management and Marketing Research, The Institute for Business and Finance Research, vol. 5(3), pages 69-82.
    5. Vikraman R & Shulagna Sarkar & Vishnukumar K & Selvarasu A, 2021. "Leading Sustainable CSR Efforts: A Case of Sneha Opportunity School by NLCIL," Indian Journal of Corporate Governance, , vol. 14(1), pages 110-125, June.
    6. Wenbin Sun & Shanji Yao & Rahul Govind, 2019. "Reexamining Corporate Social Responsibility and Shareholder Value: The Inverted-U-Shaped Relationship and the Moderation of Marketing Capability," Journal of Business Ethics, Springer, vol. 160(4), pages 1001-1017, December.
    7. Saeidi, Sayedeh Parastoo & Sofian, Saudah & Saeidi, Parvaneh & Saeidi, Sayyedeh Parisa & Saaeidi, Seyyed Alireza, 2015. "How does corporate social responsibility contribute to firm financial performance? The mediating role of competitive advantage, reputation, and customer satisfaction," Journal of Business Research, Elsevier, vol. 68(2), pages 341-350.
    8. Zhonghua Wu & Andrew Delios, 2009. "The Emergence of Portfolio Restructuring in Japan," Management International Review, Springer, vol. 49(3), pages 313-335, June.
    9. Adam Arian & John Sands & Stuart Tooley, 2023. "Industry and Stakeholder Impacts on Corporate Social Responsibility (CSR) and Financial Performance: Consumer vs. Industrial Sectors," Sustainability, MDPI, vol. 15(16), pages 1-21, August.
    10. Liwei Shan & Shihe Fu & Lu Zheng, 2017. "Corporate sexual equality and firm performance," Strategic Management Journal, Wiley Blackwell, vol. 38(9), pages 1812-1826, September.
    11. Shveta Kapoor & H.S. Sandhu, 2010. "Does it Pay to be Socially Responsible? An Empirical Examination of Impact of Corporate Social Responsibility on Financial Performance," Global Business Review, International Management Institute, vol. 11(2), pages 185-208, June.
    12. Wenjing Li & Xiaoyan Lu, 2016. "Institutional Interest, Ownership Type, and Environmental Capital Expenditures: Evidence from the Most Polluting Chinese Listed Firms," Journal of Business Ethics, Springer, vol. 138(3), pages 459-476, October.
    13. Comincioli, Nicola & Poddi, Laura & Vergalli, Sergio, 2012. "Corporate Social Responsibility and Firms’ Performance: A Stratigraphical Analysis," Economy and Society 139488, Fondazione Eni Enrico Mattei (FEEM).
    14. Mauro Sciarelli & Mario Tani & Giovanni Landi & Ornella Papaluca, 2019. "The Impact of Social Responsibility Disclosure on Corporate Financial Health: Evidences from Some Italian Public Companies," International Business Research, Canadian Center of Science and Education, vol. 12(3), pages 109-122, March.
    15. Etilé, Fabrice & Teyssier, Sabrina, 2013. "Corporate social responsibility and the economics of consumer social responsibility," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement (RAEStud), Institut National de la Recherche Agronomique (INRA), vol. 94(2).
    16. Sandra Escamilla-Solano & Antonio Fernández-Portillo & Jessica Paule-Vianez & Paola Plaza-Casado, 2019. "Effect of the Disclosure of Corporate Social Responsibility on Business Profitability. A Dimensional Analysis in the Spanish Stock Market," Sustainability, MDPI, vol. 11(23), pages 1-17, November.
    17. Kim, Sooin & Yoo, Jungmin, 2022. "Corporate Opacity, Corporate Social Responsibility, and Financial Performance," Finance Research Letters, Elsevier, vol. 49(C).
    18. Falck, Oliver & Heblich, Stephan, 2006. "Corporate Social Responsibility: Einbettung des Unternehmens in das Wirtschaftssystem," Passauer Diskussionspapiere, Volkswirtschaftliche Reihe V-45-06, University of Passau, Faculty of Business and Economics.
    19. Chung-Hua Shen & Yuan Chang, 2012. "Corporate Social Responsibility, Financial Performance and Selection Bias: Evidence from Taiwan’s TWSE-listed Banks," Chapters, in: James R. Barth & Chen Lin & Clas Wihlborg (ed.), Research Handbook on International Banking and Governance, chapter 25, Edward Elgar Publishing.
    20. Ebrahim Soltani & Jawad Syed & Ying-Ying Liao & Abdullah Iqbal, 2015. "Managerial Mindsets Toward Corporate Social Responsibility: The Case of Auto Industry in Iran," Journal of Business Ethics, Springer, vol. 129(4), pages 795-810, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hur:ijarbs:v:7:y:2017:i:6:p:39-51. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Hassan Danial Aslam (email available below). General contact details of provider: http://hrmars.com/index.php/pages/detail/IJARBSS .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.