The study on the effectiveness of Corporate Social Responsibility (CSR) by Petronas in penetrating international markets / Wan Nurul Nadiah Wan Khairuldin

This study is conducted as a partial fulfillment of the coursework of Project Paper (IBM 662). Title of the study is “The Study of the Effectiveness of Corporate Social Responsibility (CSR) by PETRONAS in penetrating International Markets”. The main objective of the study is to determine at what poi...

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Main Author: Wan Khairuldin, Wan Nurul Nadiah
Format: Student Project
Language:English
Published: 2010
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/31774/
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author Wan Khairuldin, Wan Nurul Nadiah
author_facet Wan Khairuldin, Wan Nurul Nadiah
author_sort Wan Khairuldin, Wan Nurul Nadiah
building UiTM Institutional Repository
collection Online Access
description This study is conducted as a partial fulfillment of the coursework of Project Paper (IBM 662). Title of the study is “The Study of the Effectiveness of Corporate Social Responsibility (CSR) by PETRONAS in penetrating International Markets”. The main objective of the study is to determine at what point PETRONAS has effectively promoting its CSR in expanding their investment for oil and gas in the countries with huge natural reserves. The CSR practices should not be mistaken as acts of charity or philanthropy. On the contrary, effective adoption of CSR has the twin effects of improving both short term and long term corporate performance. CSR efforts allow companies to distinguish themselves from competitors, and add value to their brand. Better brand value proposition translates to better client and customer satisfaction especially in a world where consumers, employees and investors are becoming more discerning. Brand reputations can be enhanced if the causes that such companies support and represent are ethically or socially laudable. The perception of the brand as socially responsible can often influence customer loyalty, lender and investor scrutiny, and ultimately reduce the cost of capital. From a national stand point, strong brands will also allow Malaysian companies to compete effectively in the global market. This study was conducted under two types of data collection; Primary Data and Secondary Data. The Primary Data was collected discussion with staffs at Corporate Social Department and also with staff’s of Accounts and Finance Department, while the Secondary Data was collected from various sources such as internet, magazines, journals, book and articles. This case study will highlight certain benefit of doing CSR which should be noted by all other companies that intended to invest in other countries for the future benefit rather than used other strategy of attack that countries as done by US to attack Iraq for one of the reason to get the oil and gas reserves.
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spelling uitm-317742020-10-27T08:56:56Z https://ir.uitm.edu.my/id/eprint/31774/ The study on the effectiveness of Corporate Social Responsibility (CSR) by Petronas in penetrating international markets / Wan Nurul Nadiah Wan Khairuldin Wan Khairuldin, Wan Nurul Nadiah Management. Industrial Management Organizational behavior. Corporate culture Social responsibility of business. Social entrepreneurship This study is conducted as a partial fulfillment of the coursework of Project Paper (IBM 662). Title of the study is “The Study of the Effectiveness of Corporate Social Responsibility (CSR) by PETRONAS in penetrating International Markets”. The main objective of the study is to determine at what point PETRONAS has effectively promoting its CSR in expanding their investment for oil and gas in the countries with huge natural reserves. The CSR practices should not be mistaken as acts of charity or philanthropy. On the contrary, effective adoption of CSR has the twin effects of improving both short term and long term corporate performance. CSR efforts allow companies to distinguish themselves from competitors, and add value to their brand. Better brand value proposition translates to better client and customer satisfaction especially in a world where consumers, employees and investors are becoming more discerning. Brand reputations can be enhanced if the causes that such companies support and represent are ethically or socially laudable. The perception of the brand as socially responsible can often influence customer loyalty, lender and investor scrutiny, and ultimately reduce the cost of capital. From a national stand point, strong brands will also allow Malaysian companies to compete effectively in the global market. This study was conducted under two types of data collection; Primary Data and Secondary Data. The Primary Data was collected discussion with staffs at Corporate Social Department and also with staff’s of Accounts and Finance Department, while the Secondary Data was collected from various sources such as internet, magazines, journals, book and articles. This case study will highlight certain benefit of doing CSR which should be noted by all other companies that intended to invest in other countries for the future benefit rather than used other strategy of attack that countries as done by US to attack Iraq for one of the reason to get the oil and gas reserves. 2010 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/31774/1/31774.pdf Wan Khairuldin, Wan Nurul Nadiah (2010) The study on the effectiveness of Corporate Social Responsibility (CSR) by Petronas in penetrating international markets / Wan Nurul Nadiah Wan Khairuldin. (2010) [Student Project] <http://terminalib.uitm.edu.my/31774.pdf> (Unpublished)
spellingShingle Management. Industrial Management
Organizational behavior. Corporate culture
Social responsibility of business. Social entrepreneurship
Wan Khairuldin, Wan Nurul Nadiah
The study on the effectiveness of Corporate Social Responsibility (CSR) by Petronas in penetrating international markets / Wan Nurul Nadiah Wan Khairuldin
title The study on the effectiveness of Corporate Social Responsibility (CSR) by Petronas in penetrating international markets / Wan Nurul Nadiah Wan Khairuldin
title_full The study on the effectiveness of Corporate Social Responsibility (CSR) by Petronas in penetrating international markets / Wan Nurul Nadiah Wan Khairuldin
title_fullStr The study on the effectiveness of Corporate Social Responsibility (CSR) by Petronas in penetrating international markets / Wan Nurul Nadiah Wan Khairuldin
title_full_unstemmed The study on the effectiveness of Corporate Social Responsibility (CSR) by Petronas in penetrating international markets / Wan Nurul Nadiah Wan Khairuldin
title_short The study on the effectiveness of Corporate Social Responsibility (CSR) by Petronas in penetrating international markets / Wan Nurul Nadiah Wan Khairuldin
title_sort study on the effectiveness of corporate social responsibility (csr) by petronas in penetrating international markets / wan nurul nadiah wan khairuldin
topic Management. Industrial Management
Organizational behavior. Corporate culture
Social responsibility of business. Social entrepreneurship
url https://ir.uitm.edu.my/id/eprint/31774/