sustainable development – Jurnal Pengurusan

Corporate Social Responsibility and SME Sustainability: A Systematic Literature Review

asriwn — Wed, 02 Jul 2025 00:03:11 +0000

Given the growing importance of sustainability and the unique challenges faced by small and medium-sized enterprises (SMEs), this study conducted a systematic literature review on the relationship between SMEs’ corporate social responsibility (CSR) and corporate sustainability (CS). A total of 41 peer-reviewed articles published between 2003 and 2023 were analyzed, revealing that CSR positively influences CS across including environmental, social, and financial dimensions. However, notable differences were found between SMEs and large enterprises in terms of CSR implementation mechanisms. While large enterprises rely on formal structures like corporate governance, SMEs demonstrate more diverse and informal approaches. The review also identified key research gaps: a lack of integrated, multidimensional analyses; limited comparisons of firm size; and an overreliance on subjective primary data. To address these limitations, more comprehensive, comparative, and data-driven studies are required. This paper contributes to a deeper understanding of how CSR can enhance SMEs’ long-term sustainability and offers valuable directions for future research and practice.

Islamic Social Bank: An Adaptation of Islamic Banking?

amrularshad — Sun, 09 Oct 2022 13:56:24 +0000

Islamic banking is an experiment of the viability of Islamic economy with the aim to fulfil the socioeconomic justice that balances the material and social aspects of finance. However, the current practice of Islamic banking has yet to address the moral issues in promoting a balance between social and economic justice. Consequently, some scholars suggested that it is timely to learn from the experience of social banking model; that is an articulation of a sustainable and CSR oriented banking model in fulfilling the developmental needs of Muslim societies. Therefore, the purpose of this study is to introduce the idea of Islamic social banking based on the aspiration of Islamic moral economy. This paper will also discuss the social and sustainable features of social banking from an Islamic view which importantly will lead to social and economic development. The implication of the study is to fulfil the developmental needs of the Muslims in alleviating poverty and uplifting the social status by introducing a social bank which is Shari’ah compliance.

CSR and Sustainability of Islamic Banking: The Bankers View

Nur_161 — Sat, 08 Oct 2022 18:39:03 +0000

Islamic banking (IB) practices have spread throughout the World, not only in Muslim countries but also in the West. To sustain in the very competitive market, Islamic banking must be outstanding and resilience from other conventional banks. Hence sustainable banking theme is deemed to be relevant to its operation by incorporating corporate social responsibility (CSR) and sustainable development concepts. Little that we know about CSR and sustainable development practices of Islamic banking from the managerial views. This paper attempts to explore the social responsibility and sustainability dimension of Islamic banking in Malaysia from the management insights. This is an inductive research employing semi- structured interview survey of 11 important Islamic bankers holding various positions. Thematic analysis approach was used to analyse data. The study reveals that Islamic banks are encouraged to perform various CSR activities however activities leading to significant socioeconomic impact are still lacking. Social banking may provide the answer.