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Corporate Social Responsibility in Malaysia

Sheikh Muhamad Hizam, Zulkarnian Iylia Syazana binti Othman, Mohammad Mohammad Amin, Zalina Zainudin and Mohd Faiq Abdul Fattah

International Journal of Financial Research, 2019, vol. 11, issue 5, 381-386

Abstract: The field of corporate social responsibility (CSR) has developed exponentially in the last decade and is consistently getting to be a worldwide slant. Corporate social responsibility (CSR) has become a worldwide matter around the world that comes about an expanding number of studies on CSR universally as well as in Malaysia. Furthermore, the importance of CSR practices was emphasized by companies in order to ensure its sustainability in corporate world which are focused on (a) environment, (b) social dimension sustainability, (c) economic advancement, (d) stakeholder behaviour and (e) ethical evolution of society. In this manner, this paper gives a concept of CSR writing that has been conducted in Malaysia to assess the execution of CSR among organizations in Malaysia. It is presently anticipated that organizations expressly take into consideration all perspectives of their execution, not as it were their money related comes about, but moreover their social and commerce environment. Subsequently, most of organizations are presently locked in genuine endeavours to characterize and coordinated CSR into all perspectives of their businesses and exhibitions. The point of our think about is to get it this slant in Malaysia and particularly to explore (i) the status of CSR in Malaysia; (ii) different CSR practices in Malaysia; and (iii) future dissemination of CSR in Malaysia. Finally, over the last few decades, Malaysia has been gradually improving its alignment with global management practices such as quality management and ISO 9002.

Keywords: corporate social responsibility; perception (search for similar items in EconPapers)
Date: 2019
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DOI: 10.5430/ijfr.v10n5p381

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Handle: RePEc:jfr:ijfr11:v:10:y:2019:i:5:p:381-386