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This Author published in this journals
All Journal INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Iman Hikmat Nugraha
Sekolah Tinggi Manajemen Informatika Komputer (STMIK) DCI Tasikmalaya
Economics, Econometrics & Finance

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DISSECTING THE RELATIONSHIP BETWEEN CORPORATE SOCIALRESPONSIBILITY AND CORPORATE INNOVATION: A LITERATURE STUDY Iman Hikmat Nugraha
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 1 No. 4 (2024): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Publisher : CV. Adiba Aisha Amira

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Abstract

This study explores the relationship between Corporate Social Responsibility (CSR) and corporate innovation through a comprehensive literature review. Various studies show that CSR can stimulate innovation by creating a positive image, increasing customer loyalty, and opening up new market opportunities. Companies active in CSR often discover social needs that require innovative solutions, resulting in synergies between social goals and business benefits. However, studies also reveal the potential negative impact of CSR on innovation. Allocation of significant resources to CSR can reduce investment in research and development (R&D), while compliance with CSR standards can add bureaucratic complexity and hamper corporate flexibility. In conclusion, the relationship between CSR and innovation is two-way and requires strategic balancing. Thoughtful design and execution of CSR is essential to maximise the benefits while minimising the negative impact on a firm's innovation process.
REVITALISING PUBLIC POLICY TO SUPPORT GOOD AND CLEAN GOVERNANCE Riza Arizany Azahra; Iman Hikmat Nugraha
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 1 No. 5 (2024): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Publisher : CV. Adiba Aisha Amira

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Abstract

Revitalising public policy is an integral effort to support the creation of good and clean governance. This process includes improving the capacity of human resources, adopting modern technology, and strengthening the regulatory framework to increase transparency and accountability in government. In addition, close collaboration between various government agencies and active participation from the public are essential to ensure the successful implementation of policies that are more effective and responsive to public needs. With this revitalisation, it is hoped that a more efficient government, free from corrupt practices, and able to provide maximum services to the community, will support sustainable and inclusive development.
Co-Authors Riza Arizany Azahra