Effect of Corporate Social Responsibility on Business Sustainability: The Dual Mediation

I Wayan Gde Sarmawa; Ida Ayu Oka Martini; Ida Ayu Putu Widani Sugianingrat

doi:10.21831/economia.v17i2.36091

Effect of Corporate Social Responsibility on Business Sustainability: The Dual Mediation

I Wayan Gde Sarmawa, Faculty of Economics and Business, Warmadewa University, Indonesia
Ida Ayu Oka Martini, Faculty of Economics and Business, Universitas Pendidikan Nasional, Indonesia
Ida Ayu Putu Widani Sugianingrat, Faculty of Economics, Business and Tourism, Universitas Hindu Indonesia, Indonesia

10.21831/economia.v17i2.36091

Abstract

Abstract: Companies are constantly trying to maintain customer trust and loyalty in an effort to preserve business sustainability. Implementing environmental concerns in the form of Corporate Social Responsibility (CSR) is expected to achieve both of these aims. This study aims to analyze the roles of CSR, customer trust, and customer loyalty in business sustainability. Questionnaires were filled by 10 customers from each of 100 Rural Banks spread over 9 districts/cities in Bali, Indonesia. Data analysis was performed with SmartPLS 3.3.2 software. The research found that CSR, customer trust, and customer loyalty have a significant impact on business sustainability. The results also found that customer trust and customer loyalty function as mediation in the relationship between CSR and business sustainability.

Keywords: Corporate Social Responsibility, customer trust, customer loyalty, business sustainability

Pengaruh Tanggung Jawab Sosial Perusahaan terhadap Keberlanjutan Bisnis: Mediasi Ganda

Abstrak: Perusahaan senantiasa berusaha menjaga kepercayaan dan loyalitas pelanggan dalam upaya menjaga keberlangsungan bisnis. Implementasi kepedulian lingkungan dalam bentuk Corporate Social Responsibility (CSR) diharapkan dapat mencapai kedua tujuan tersebut. Penelitian ini bertujuan untuk menganalisis peran CSR, kepercayaan pelanggan, dan loyalitas pelanggan dalam keberlanjutan bisnis. Kuesioner diisi oleh 10 nasabah dari masing-masing 100 BPR yang tersebar di 9 kabupaten/kota di Bali, Indonesia. Analisis data dilakukan dengan software SmartPLS 3.3.2. Hasil penelitian menemukan bahwa CSR, kepercayaan pelanggan, dan loyalitas pelanggan memiliki pengaruh yang signifikan terhadap keberlangsungan bisnis. Hasil penelitian juga menemukan bahwa kepercayaan pelanggan dan loyalitas pelanggan berfungsi sebagai mediasi dalam hubungan antara CSR dan keberlanjutan bisnis.

Kata kunci: Tanggung Jawab Sosial Perusahaan, kepercayaan pelanggan, loyalitas pelanggan, keberlangsungan usaha

Keywords

Corporate Social Responsibility; customer trust; customer loyalty; business sustainability

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DOI: https://doi.org/10.21831/economia.v17i2.36091