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Sustainable development: A Malaysian perspective

Abdulrazak, S.R. and Ahmad, Fauziah Sh. (2014) Sustainable development: A Malaysian perspective. In: International Conference on Accounting Studies (ICAS) 2014, 18 - 19 August 2014, Putra World Trade Centre, Kuala Lumpur.

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Sustainable development is all the rage. Malaysian firms too have been quick to jump into the bandwagon, especially with regards to their corporate social responsibility (CSR) initiatives. However, sustainable development has been increasingly interpreted from a strictly Western-centric value system.This may pose challenges to Malaysian firms as they adopt sustainable practices into their operations.Four key issues are presented and discussed, particularly in relation to Malaysian’s socioeconomic landscape.Following that, this paper calls for a return to the fundamentals of sustainable development, which is unfettered to value suppositions and instead focused on more pragmatic reasons.To that end, this paper proceeds to make recommendations of a more suitable approach in embracing sustainable development in Malaysia that would bring about a virtuous cycle of enrichment for the business sector as well as the society.

Item Type: Conference or Workshop Item (Paper)
Additional Information: Published in Procedia Social and Behavioral Sciences, Volume 164 (2014), ISSN 1877-0428 pp. 1-666 Organized by: School of Accountancy, College of Business, Universiti Utara Malaysia.
Uncontrolled Keywords: Sustainable development; corporate social responsibility; Malaysia
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
Depositing User: Mrs. Norazmilah Yaakub
Date Deposited: 09 Mar 2015 07:44
Last Modified: 12 Apr 2016 07:00

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