Sustainability and Legislated Corporate Social Responsibility in Indonesia
In Beate Sjåfjell and Christopher M. Bruner (eds), Cambridge Handbook of Corporate Law, Corporate Governance and Sustainability (Cambridge University Press, Forthcoming).
Posted: 8 May 2019
Date Written: May 6, 2019
Indonesia is the fourth most populous country in the world and a growing economic powerhouse. Although founded in 1949, it has a significant legal history and distinct legal systems based on race. In this historical context, Indonesia has seen economic boom, bust and reform as well as a more recent change from dictatorship to democracy. This chapter reviews the rich and complex history that sets the foundation for the subsequent analysis of the post-Suharto regulatory efforts to address sustainability. The chapter includes three substantial case studies examining how the central government’s mandatory sustainability for State Owned Enterprises has fared.
Keywords: state-owned enterprises, mandatory CSR, emerging economies, SOEs
Suggested Citation: Suggested Citation