• ISSN: 2010-023X (Print)
    • Abbreviated Title: Int. J. Trade, Economics and Financ.
    • Frequency: Quaterly
    • DOI: 10.18178/IJTEF
    • Editor-in-Chief: Prof.Tung-Zong (Donald) Chang
    • Managing Editor: Ms. Shira. W. Lu
    • Abstracting/ Indexing:  Crossref, Electronic Journals Library , EBSCO
    • E-mail: ijtef.editorial.office@gmail.com
HOME > Archive > 2018 > Volume 9 Number 3 (Jun. 2018) >
IJTEF 2018 Vol.9(3): 125-130 ISSN: 2010-023X
DOI: 10.18178/ijtef.2018.9.3.601

Corporate Social Performance: A multi-Stakeholder Analysis of Indonesian Energy Companies’ Sustainability Report

Amelia Kurniawati, TMA Ari Samadhi, Iwan Inrawan Wiratmadja, Indryati Sunaryo, Rayinda Pramuditya Soesanto, and Fadel Muhammad

Abstract—Energy companies in Indonesia hold an important role in the Indonesian economy. Related to their important roles and responsibility in maintaining corporate sustainability in managing the business that related to non-renewable resources, energy companies in Indonesia publish their Sustainability Report as their commitment to providing information for stakeholders on corporate governance, performance, and strategy. As a part of performance measurement, energy companies in Indonesia also consider the importance of multi-stakeholder perspective in the making of a sustainability report. Performance measurement which involves multi-stakeholder is known as Corporate Social Performance. The purpose of this research is to develop the CSP measurement indicators from the multi-stakeholder perspective, to identify the most and the least discussed indicators in the sustainability reports of seven energy companies in Indonesia from the latest three years reports, and then to be compared with sustainability reports from two automotive companies and two cement companies. The result of this research are developing CSP measurement consisting of 38 indicators that categorized into six categories, which are customer focused, community focused, shareholder focused, supplier focused, an environment focused, and employee focused. The most discussed indicators in Sustainability Reports of energy companies in Indonesia are in environment focused category and the least discussed indicators are in supplier focused category.

Index Terms—Corporate social performance, energy company, sustainability, multi-stakeholder perspective.

Amelia Kurniawati is with the Department of Industrial Engineering, Bandung Institute of Technology, Bandung, Indonesia and also with the Department of Industrial Engineering, Telkom University, Bandung, Indonesia (e-mail: amelia.kurniawati@gmail.com).
TMA Ari Samadhi, Iwan Inrawan Wiratmadja, Indryati Sunaryo, and Rayinda Pramuditya Soesanto are with the Department of Industrial Engineering, Bandung Institute of Technology, Bandung, Indonesia (e-mail: asamadhi@mail.ti.itb.ac.id, iwan@lspitb.org, rya_ryo@yahoo.com, raysoesanto@telkomuniversity.ac.id).
Fadel Muhammad is with the Department of Information System, Telkom University, Bandung, Indonesia (e-mail: fadelmuhammad24@gmail.com).

[PDF]

Cite: Amelia Kurniawati, TMA Ari Samadhi, Iwan Inrawan Wiratmadja, Indryati Sunaryo, Rayinda Pramuditya Soesanto, and Fadel Muhammad, "Corporate Social Performance: A multi-Stakeholder Analysis of Indonesian Energy Companies’ Sustainability Report," International Journal of Trade, Economics and Finance vol.9, no.3, pp. 125-130, 2018.

PREVIOUS PAPER
How Effective Has ECB’s Monetary Policy Been during Crisis? The Case of CDS Spreads and Bond Yields
NEXT PAPER
Leverage Measurement and Multinational Comparison of Listed Commercial Banks in China

Copyright © 2008-2024. International Journal of Trade, Economics and Finance. All rights reserved.
E-mail: ijtef.editorial.office@gmail.com