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Corporate Social Responsibility In Corporate Society

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Research Methodology Assignment THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY (CSR) TO COMPANY’S VALUE IN PROPERTY AND REAL ESTATE COMPANY LISTED IN INDONESIA STOCK EXCHANGE Angga Arifiawan Sudibyo 041211332113 Accounting Department Faculty of Economic and Business Airlangga University Surabaya 2014 PART 1 INTRODUCTION 1.1 Research Background In recent years, the demand of property is increasing significantly, especially in big cities like Jakarta and Surabaya. This massive amount of demand is a chance for companies in real estate industry to earn big profit. Some big players in these industries are already listed in Indonesia Stock Exchange, they compete each other, develop and expand their business insanely to be going concern …show more content…

Most consumers believe companies doing charity will receive a positive response. During years, number of companies that concern about CSR is increasing significantly. They put serious efforts to integrate CSR in their business. Shareholders, activists, employees, community organizations, and off course the media demand the company to be open transparent and accountable about their CSR programs. As we know, the way a company implements their CSR programs is vary each other’s. The differences depend on such factors as the specific company’s size, the particular industry involved, the firm’s business culture, stakeholder demands, and how historically progressive the company is in engaging CSR. Some companies focus on a single area, which is regarded as the most important for them or where they have the highest impact, while others aim to integrate CSR in all aspects of their …show more content…

Corporate social responsibility is expressed in a report called Sustainability Reporting. Sustainability Reporting is reporting on economic policy, environmental and social, influence and performance of the organization and its products in the context of sustainable development (sustainable development). Sustainability Reporting includes reporting on economic, environmental and social influences on organizational performance (ACCA, 2004 in Anggriani, 2006). Related to the implementation of CSR, companies can be grouped into several categories. Although it tends to simplify the reality, this typology illustrates the ability and commitment of the company when implementing CSR. This categorization can motivate companies to develop CSR programs, and can also be used as a mirror and a guideline to determine the exact model of CSR (Suharto, 2007). 2.1.3 Customer Awareness and

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