The influence of corporate social responsibility (CSR) on the development of business sustainability in selected private sector in Sabah

Helmina Thomas and Toh Pei Sung and Stephen Laison Sondoh Jr. and Dean Nelson Mojolou (2021) The influence of corporate social responsibility (CSR) on the development of business sustainability in selected private sector in Sabah.

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Official URL: https://www.ums.edu.my/fpep/en/seminar-and-confere...

Abstract

The concept of Corporate Social Responsibility has become one of the initiatives to grow business development among many companies and their partner by emphasizing their mission and vision to get closer to the community. It has a significant impact on the development of business processes that are effective and efficient while also achieving a high level of performance toward a sustainable process. Therefore, the purpose of this paper is to investigate the influence of corporate social responsibility toward developing business sustainability in the private sector in Sabah. There are three corporate social responsibility variables to be tested, namely customer, employee, and environment. For the dependent variable, the three-bottom line of business sustainability theory is used. A questionnaire was developed to obtain data from the respondent using non-probability sampling techniques, which is purposive sampling techniques. The data are collected from selected private sectors in Sabah. The result implies that there is a relationship between corporate social responsibility and business sustainability. It can be concluded that corporate social responsibility can have an influence on an organization’s sustainability. To be more competitive in business nowadays, any organization should plan an effective strategy on their corporate social responsibility to enhance their chance to maximize profit and productivity. The study finding will assist the private sector in Sabah in addressing the weakness and strengths of their corporate social responsibility program that has been implemented and serve as a foundation or set of principles for future business sustainability strategies.

Item Type:	Proceedings
Keyword:	Corporate social responsibility , Customer , Employee , Environment , Business sustainability
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28-9999 Industries. Land use. Labor > HD4801-8943 Labor. Work. Working class H Social Sciences > HD Industries. Land use. Labor > HD28-9999 Industries. Land use. Labor > HD28-70 Management. Industrial management > HD60-60.5 Social responsibility of business
Department:	FACULTY > Faculty of Business, Economics and Accounting
Depositing User:	DG MASNIAH AHMAD -
Date Deposited:	18 Apr 2022 08:28
Last Modified:	18 Apr 2022 08:28
URI:	https://eprints.ums.edu.my/id/eprint/32256

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