Corporate Social Responsibility in The Realm of Islamic Work Ethics

This book is discussing on the concept of Corporate Social Responsibility (CSR) in Malaysian scenario. CSR is broadly recognized as a business corporation managing it's business activities while considering a community's larger interest by making a purely profit-making decision. First, this book is describing on the history of CSR. Then, CSR theories is deliberated such as stakeholder theory, legitimacy theory and exchange theory, to name a few. Next, a four-part dimension of CSR by Carroll namely economic, legal, ethical, and philanthropic is introduced. CSR benefits such as, enhanced reputation, market value, supportive communities, increase customer loyalty, improved quality and productivity, and greater employee loyalty and retention among others will motivates firm to continue practice good behaviour. However, CSR do pose challenges to company such as high cost involved among others. Finally, CSR from Islamic perspective CSR and ethics, and Islamic work ethics are also unveiled in this book.