The challenges to achieve commonwealth in an industrial area: case study in Bandar Lampung industrial area
Angrita Denziana and
Erwin Octavianto
International Journal of Economic Policy in Emerging Economies, 2018, vol. 11, issue 4, 355-366
Abstract:
In many countries, most of the companies in the industrial area, which is engaged in the manufacturing, agribusiness and agro-industries, believe that corporate social responsibility (CSR) is an investment which has positive impact in the form of growth and sustainability development towards the company. Ironically, the practices of CSR are just implemented as 'cosmetics', do good on the surface but turned out to be just lip service, sheer polish, and done only as a global fulfilment without substance distribution for economic welfare, social and environmental sustainability. The aim of this study is to evaluate the beneficial impact of CSR activities on community that lives around these kinds of companies in the Bandar Lampung industrial area by using consumer satisfaction index. This study is expected to provide recommendations for the policy model to create a commonwealth between companies and community that lives among the area.
Keywords: corporate social responsibility; CSR; commonweal; Bandar Lampung industrial area. (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijepee:v:11:y:2018:i:4:p:355-366
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