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Social Investment Management of PT. Chevron Pacific Indonesia in the framework of National Defense

Author

Listed:
  • Tri Legionosuko

    (Permanent Lecturer, Expertise in Human Resource Management, Indonesian Defense University, Jakarta-Indonesia)

  • Mhd Halkis

    (Secretary of the Defense Diplomacy Study Program, Faculty of Defense Strategy,Indonesia Defence University, Jakarta-Indonesia)

Abstract

Ethics in a multinational company environment is related to business problems, but the position of corporate partnership determines sustainable companies. The study aims to integrate the concept of social investment (SI) with state defense in multinational mining companies' environment. Social Investment (SI) business ethics as part of Corporate Citizenship (CC) has a different concept base. CSR for companies is an honest effort for companies towards the surrounding community. Whereas the State Defense is a political concept of the State that regulates citizens' rights and obligations in defending the country. The ethnographic method can combine the CSR and State Defense models in the multinational company oil mine environment. Chevron Pacific Indonesia Inc.'s CSR in international companies is called Social Investment (SI) has a dilemma; because CSR is seen as a long-term corporate interest, on the other hand, the regional Government distributes a small portion of profits to the surrounding community. After analyzing PT Chevron Pacific Indonesia's CSR and the Regional Government's strategy in realizing public welfare in the context of state defense, researchers can formulate the Corporate Citizenship (CC) as the State Defense CSR model.

Suggested Citation

  • Tri Legionosuko & Mhd Halkis, 2021. "Social Investment Management of PT. Chevron Pacific Indonesia in the framework of National Defense," Technium Social Sciences Journal, Technium Science, vol. 16(1), pages 331-341, February.
    • Handle: RePEc:tec:journl:v:16:y:2021:i:1:p:331-341
    DOI: https://doi.org/10.47577/tssj.v16i1.2456
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    References listed on IDEAS

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    1. Ciprian Obrad & Vasile Gherheș, 2018. "A Human Resources Perspective on Responsible Corporate Behavior. Case Study: The Multinational Companies in Western Romania," Sustainability, MDPI, vol. 10(3), pages 1-15, March.
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    More about this item

    Keywords

    Corporate Social Responsibility (CSR); Social Investment (SI); Multinational Companies (MNC); Corporate Citizenship (CC); Local Governments;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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