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Localization of Oversea Korean Companies and CSR: Focusing on Cases in Indonesia

  • Journal of the Association of Korean Geographers
  • Abbr : JAKG
  • 2017, 6(3), pp.479-493
  • DOI : 10.25202/JAKG.6.3.13
  • Publisher : Association of Korean Geographers
  • Research Area : Social Science > Geography
  • Received : October 26, 2017
  • Accepted : December 4, 2017

EOM EUNHUI 1

1서울대학교 아시아연구소

Accredited

ABSTRACT

In terms of economic cooperation with Southeast Asia, Indonesia is the largest trading partner and major investment destination of South Korea. After the promulgation of the Law No. 40 on Limited Liability Companies in 2007, Indonesia was the first nation in the world to adopt a mandatory approach to CSR (Corporate Social Responsibility). Based on the understanding of the process of introduction and legislation of CSR, this study aims to provide the practical suggestion for promoting the CSR activities of Korean companies operating in Indonesia and the Korean government’s supporting efforts. For these purpose, I review on the CSR support activities for Korean companies conducted by KOICA Jakarta office and KOTRA Indonesia office through the mechanism of public-private partnership. As a result of review, KOICA and KOTRA office in Indonesia have actively encouraged Korean companies to perform various CSR programs in accordance with the international trends that emphasize private sector’s engagement in the field of international development cooperation.

Citation status

* References for papers published after 2023 are currently being built.

This paper was written with support from the National Research Foundation of Korea.