Entrepreneurship and Sustainability Issues (Dec 2020)
Conceptual model of corporate social responsibility impact on community well-being
Abstract
Sustainable mining industry contributes to the community well-being and country development. Thus, this research constructs a measurement and model in conducting an empirical study on the corporate social responsibility (CSR) practice and community well-being (CWB) in the mining industry. Accordingly, this study aims to review the structural analysis of CSR and CWB in this particular mining industry. CSR focused on four main dimensions, namely, economic, legal, ethical, and philanthropic. By contrast, CWB is focused on the dimensions of social, economic empowerment, environment, health, service, and facilities. This study also proposes a structural relationship model between CSR practice and CWB in the surrounding mining industry. Research hypotheses were formulated on the basis of the proposed model. This study concludes with a suggested future research.