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11 US-China L. Rev. 1022 (2014)
Enhancing the Implementation of CSR in Developing Countries to Achieve Sustainable Development: Indonesian Perspective

handle is hein.journals/uschinalrw11 and id is 1022 raw text is: ENHANCING THE IMPLEMENTATION OF CSR IN DEVELOPING COUNTRIES TO ACHIEVE SUSTAINABLE DEVELOPMENT: INDONESIAN PERPSPECTIVE Sri Wartini* & Dodik Setiawan Nur Heriyanto** The existence of Transnational Corporations (TNCs) in developing countries may affect the economic growth in developing countries as well as the environment. It is very common that in order to enhance economic growth in developing countries, the developing countries jeopardize their environment especially over exploitation of the natural resources. Therefore, it is paramount to harmonize between economic growth and protection of the environment. The adoption of sustainable development principle by the World Commission on Environment and Development has become a benchmark to overcome the bad impacts of economic growth. Sustainable development offers a new paradigm that changes the pattern of economic activities. It will lead to the economic growth and environmental sustainability. Hence, it is indispensable for economic activities to implement policy that enables them to achieve the goals of sustainable development. One promising step toward this achievement is to implement Corporate Social Responsibility (CSR). CSR consists of policies that express a company's commitment to develop economically while improving the quality of life and without degrading the environment. Hence CSR can be used as a tool to achieve sustainable development. The paper is aimed to analyze the relationship between CSR and sustainable development in Indonesia as well as the economic sustainability based on international law perspective. Furthermore, the paper is also aimed to examine the role of CSR in Indonesia in enhancing economic growth to achieve sustainable development. The methodology employed in this paper is library research and the approach used is normative. The paper finds that there is interdependence between economic growth and sustainable development. The sustainability of the economy depends on the sustainability of the environment. IN TRO D U CTION .......................................................................................... 1023 I. GENERAL CONCEPT OF CSR .................................................................. 1025 * Dra. Sri Wartini, S.H., M.H., Ph.D., Faculty of Law, Universitas Islam Indonesia. Research fields: Environmental Law, International Environmental Law, International Law, Law of Treaties, and WTO Law. ** Dodik Setiawan Nur Heriyanto, S.H., M.H., Faculty of Law, Universitas Islam Indonesia. Research fields: International Law, Diplomatic and Consular Law, International Private Law, and International Trade Law. 1022

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