Corporate social responsibily: The alternative financing to regional development in East Java Province, Indonesia

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Budi Eko Soetjipto, Puji Handayati, Cipto Wardoyo, Tuhardjo, Sunaryanto, Suharto

2017 International Journal of Economic Research Vol. 14 Issue 6 Article Cited by 1

Abstract

The objectives of this study are to identify the companies' profile that conduct CSR programs; variety identification CSR program on the implementation and activities conducted by the company through a partnership and grants to communities in the East Java province; the evaluation of CSR activities of the company (enterprises, public enterprises, and private enterprises) in East Java; analyze and map CSR programs and activities conducted by the companies. The findings showed that the implementation of CSR in East Java is constantly increasing. Out of the 287 companies surveyed in 2015, it found that there is 2.5 trillion rupiahs of CSR funds that contribute to community development in East Java. A variety of CSR funds were allocated to several programs and activities such as education, health, environmental, social, public facilities and partnerships. For the implementation of programs in education as much as 148 activities, the health sector as many as 94 activities, the environment as much as 149 activities, the field of public utilities as much as 265 activities, social areas as many as 437 activities, field partnership of 123 activities, field of religious/renovation of places of worship as much as 118 activities, field culture as much as 7 activities, as many as 15 sports fields, other fields as many as 13, and aid for natural disasters as much as 7 activities. © Serials Publications Pvt. Ltd.

Affiliations

Faculty of Economics, Universitas Negeri Malang-Indonesia, Indonesia