Stakeholders Perception on Mandated CSR Laws in Indonesia
- DOI
- 10.2991/aebmr.k.200131.046How to use a DOI?
- Keywords
- CSR, Stakeholder, Perception, Indonesia
- 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.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Rabin Ibnu Zainal PY - 2020 DA - 2020/02/07 TI - Stakeholders Perception on Mandated CSR Laws in Indonesia BT - Proceedings of the 3rd Global Conference On Business, Management, and Entrepreneurship (GCBME 2018) PB - Atlantis Press SP - 210 EP - 216 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200131.046 DO - 10.2991/aebmr.k.200131.046 ID - Zainal2020 ER -