Role of Corporate Social Responsibility in Sustainable Energy Development in Emerging Economy

Le Thanh Tiep, Ngo Quang Huan and Tran Thi Thuy Hong
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Le Thanh Tiep: Ho Chi Minh City University of Economics and Finance, Vietnam
Ngo Quang Huan: University of Economics Ho Chi Minh City, Vietnam,
Tran Thi Thuy Hong: International School of Business, University of Economics Ho Chi Minh City, Vietnam.

International Journal of Energy Economics and Policy, 2021, vol. 11, issue 2, 172-186

Abstract: This research aims to evaluate the impact of corporate social responsibility (CSR) on sustainable energy development (SED) by developing the role of mediating variables such as usage of renewable energy resources (URR) and sustainable energy supply (SES). We use qualitative and quantitative technique such as Partial Least Squares Structural Equation Modeling (PLS-SEM) to analyze the data of collection from experts, economists, executives in Vietnam in 2020. The study has proved the corporate social responsibility (CSR) affecting directly to the sustainable energy development (SED). Besides, the findings suggest a positively significant impact of both sustaining energy supply (SES) and the usage of renewable energy resources (URR) on sustainable energy development (SED). Thus, the research brings the whole view of corporate social responsibility affects to the sustainable energy development (SED) through the URR and SES. This study contributed empirical work in the literature of corporate social responsibility, renewable energy, sustainable energy supply (SES) and sustainable energy development (SED). The outcomes of this study can be used by policy makers, economists, top management in the governmental office and even the corporate. A mediating role of SES as a value-added contribution to this study and can be consolidated and strengthened more in coming research.

Keywords: Corporate Social Responsibility; Renewable Energy; Sustainable Energy Development; Renewable Energy Resources; Sustaining Energy Supply. (search for similar items in EconPapers)
JEL-codes: M14 Q21 Q25 Q43 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2021-02-23

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