Corporate Social Responsibility in Malaysia

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.

How does organizational leadership contribute to the firm performance through social responsibility strategies?

“…Nurjanah (2019) claimed that CSR in Malaysia is mostly dominated by charity activities, and those activities with a focus on reducing environmental damage are still very minimal. In another studies, Hizam et al. (2019) and Ismail et al.…”

“…Nurjanah (2019) claimed that CSR in Malaysia is mostly dominated by charity activities, and those activities with a focus on reducing environmental damage are still very minimal. In another studies, Hizam et al (2019) and Ismail et al (2014) found that high percentage of the sampled managers and leaders in Malaysia do not fully appreciate the importance of CSR, while are relatively aware of CSR programs. Accordingly, more experimental research are needed on the practical benefits of CSR at the corporate and national levels.…”

“…In Malaysia, as one of the most active emerging economies, the evidences show a rapid development of CSR, but, it has never been adequately addressed in the business and academic environment (Hizam et al, 2019;Ismail et al, 2014). In this regard, Janang et al (2020) claimed that, while the perception of CSR among Malaysians' managers has been improved compared to last decade, still CSR implementation in Malaysia is at moderate level.…”

“…In Malaysia, as one of the most active emerging economies, the evidences show a rapid development of CSR, but, it has never been adequately addressed in the business and academic environment ( Hizam et al., 2019 ; Ismail et al., 2014 ). In this regard, Janang et al.…”

Corporate Social Responsibility Management

“…When a company is committed to its social responsibilities, it can disclose it to stakeholders (Wang & Sarkis, 2017;Advantage, 2020). This allows stakeholders and the community to distinguish such companies from other companies (Bessong & Tapang, 2012;Hizam et al, 2019). Corporate Social Responsibility Reporting or Corporate Social Responsibility Disclosure and Disclosure of Environmental and Social Information in Annual Reports and Websites is gaining popularity.…”