Environmental sustainability issues in Indonesian family business Online publication date: Mon, 21-Jan-2019
by Yunita Ismail
International Journal of Technology Transfer and Commercialisation (IJTTC), Vol. 16, No. 2, 2018
Abstract: The data PwC from survey 2014 states that 95% of Indonesian businesses are owned by families, making family businesses occupy an important position in the Indonesian economy. Corporate awareness of the environment is demonstrated by the implementation of CSR activities undertaken. Family business is a company that has a duty to show concern for the environment. This study uses data generated from a family business survey in Indonesia by PWC 2014. Data were analysed using t-test for the mean difference test and the results of data processing were interpreted using literature on family business in other countries. Family business in Indonesia has characteristics that are not significantly different from the world's family business. The problems, challenges and business goals of the Indonesian family business are also insignificantly different from the problems, challenges and business goals of the family business of the world. Concern for international conditions from Indonesia family business was still seen as a challenge that has not been prioritised. Family businesses in Indonesia prioritise government policies/regulations and employee recruitment rather than global market conditions.
Online publication date: Mon, 21-Jan-2019
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