JURIDICAL ANALYSIS OF CREDIT FINANCING MODELS AS IMPLEMENTATION OF CORPORATE SOCIAL RESPONSIBILITY

Abstract

The modern business model is not only based on the company's internal interests to get the maximum profit materially, but also to have an impact on the environment in which the company operates in a sustainable manner. This action became known as corporate social responsibility. This concept is based on a philanthropic understanding through the charity principle, namely the company provides appropriate assistance to the community without expecting reciprocity for the assistance provided. However, in practice, in Indonesia, through the Regulation of the Minister of State-Owned Enterprises Number Per-05/MBU/04/2021 concerning the Social and Environmental Responsibility Program for State-Owned Enterprises, one model of corporate social responsibility practice is permitted with a financing model for micro and small businesses; of course this creates problems because of conceptual and practice conflicts in corporate social responsibility. Therefore this study will discuss the juridical analysis in the provision of collateral loans as a model for implementing corporate social responsibility. This study uses normative research methods, by analyzing various related laws and regulations. The approach used in this study is a statutory and conceptual approach. This study found that the financing model in corporate social responsibility contradicts the original intent concept of corporate social responsibility. Therefore this study will discuss the juridical analysis in the provision of collateral loans as a model for implementing corporate social responsibility. This study uses normative research methods, by analyzing various related laws and regulations. The approach used in this study is a statutory and conceptual approach. This study found that the financing model in corporate social responsibility contradicts the original intent concept of corporate social responsibility. Therefore this study will discuss the juridical analysis in the provision of collateral loans as a model for implementing corporate social responsibility. This study uses normative research methods, by analyzing various related laws and regulations. The approach used in this study is a statutory and conceptual approach. This study found that the financing model in corporate social responsibility contradicts the original intent concept of corporate social responsibility. The approach used in this study is a statutory and conceptual approach. This study found that the financing model in corporate social responsibility contradicts the original intent concept of corporate social responsibility. The approach used in this study is a statutory and conceptual approach. This study found that the financing model in corporate social responsibility contradicts the original intent concept of corporate social responsibility.

Keywords

• corporate social responsibility
• financing
• collateral loans
• philanthropy
• original intent