THE ANTECEDENTS OF CORPORATE SOCIAL RESPONSIBILITY IN INDONESIAN BANKING COMPANIES: A PUBLIC POLICY PERSPECTIVE

Abstract

This research aims to predict and analyze the effects of antecedents on Corporate Social Responsibility and its implication that are very significant for improving Corporate Social Responsibility at the ontological and sociological levels. The problem is very interesting to be analyzed by conducting a quantitative research method based on Public Policy, Corporate Social Responsibility, Good Corporate Governance, Administrative Management, and Knowledge Management. Data were collected through survey questionnaires and documentation related to managing Corporate Social Responsibility policy cases in Indonesia. Data were analyzed by using Partial Least Square models. The results show that Good corporate governance has no significant effect on corporate social responsibility. Administrative Management has a significant positive effect on corporate social responsibility. Knowledge Management has no significant effect on corporate social responsibility. Based on the ontological level and sociological level using public policy perspective for improving Corporate Social Responsibility policy and practice for The Indonesian Banking Company, the vision and mission of public policy in managing Corporate Social Responsibility are needed for providing information to the related stakeholders regarding the regulations and sanctions in Corporate Social Responsibility. This result provides inputs for making better regulation on Corporate Social Responsibility policy in Indonesia for state agencies as public officials and practitioners.