CSR Implementation Concept of Mining Company in Indonesia According to Applicable Law and Theory
- DOI
- 10.2991/iceml-18.2018.43How to use a DOI?
- Keywords
- CSR Implementation concept of mining company in Indonesia according to applicable law and theory
- Abstract
Particularly Corporate Social Responsibility (CSR) by Mining Company in Indonesia is regulated in Law Number 40 Year 2007 regarding Limited Liability Company (UUPT ). However, there are implementation constraints when it turns out that in the CSR arrangements between the articles in the Company Law there is a blurring of norms. if thoroughly observed, CSR arrangements are mandatory as in Article 74 of the Company Law on the background of the government's concern over the frequency of corporations neglecting the social aspects of the environment in the practice of its operations resulting in loss on the part of the local community. Besides also to place state entities in the standards of social activities environment in accordance with national and local contexts. As for the obscurity of norm in article 74 UUPT can be formulated a legal interpretation through comparative approach (comparative approach) and also theoretical approach (theoretical approach). Various forms of CSR implementation by other countries can serve as a starting point for building the right CSR concept for companies in Indonesia. In general, developed countries in Europe do not formulate the concept of CSR in the form of legislation but with the bottom line theory. The formulation of other forms of CSR activities can also be done as in the guidelines of economic organizations such as the Organization for Economic Cooperation and Development (OECD). The regulation of CSR is mandatory through applicable law provide opportunities for improved conditions of society and the environment at Indonesia. In other words, the proper economic arrangements should be directed to the creation and availability of social benefits that support common interest. By considering other regulations related to CSR, it is necessary to find the best CSR concept to be applied in Indonesia and to give sanction if they violated the law
- Copyright
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - M. Rizky Aldila AU - Faisal Santiago PY - 2018/09 DA - 2018/09 TI - CSR Implementation Concept of Mining Company in Indonesia According to Applicable Law and Theory BT - Proceedings of the 2018 International Conference on Energy and Mining Law (ICEML 2018) PB - Atlantis Press SP - 197 EP - 200 SN - 2352-5428 UR - https://doi.org/10.2991/iceml-18.2018.43 DO - 10.2991/iceml-18.2018.43 ID - Aldila2018/09 ER -