Case Study on Problem Statement

Added on - 21 Apr 2020

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Running head: PROBLEM STATEMENTProblem StatementName of the StudentName of the UniversityAuthor Note
1PROBLEM STATEMENTTable of ContentsProblem Statement...........................................................................................................................2Research Questions..........................................................................................................................4Research Objective..........................................................................................................................5References........................................................................................................................................6
2PROBLEM STATEMENTProblem StatementCorporate Social Responsibility holds immense importance in an overall economicframework of a country and particularly in the construction sector. This is because most of thelabor engaged in this sector has low levels of education, skill and income, which makes itimportant on part of the companies to look after their overall welfare. There has been aconsistent increase in the environmental awareness and a demand for better equality and societalwelfare is felt among the community as a whole. Despite of promotions and awarenessgeneration on part of the government of the country and introduction of encouraging strategieson their part, there still remains a lack of implementation of the CSR in the construction sector ofMalaysia as a whole (Tai & Chuang, 2014). As canbe seen from the empirical evidences, thebudget allocation of the country in 2011-2015 has emphasized categorically to incorporate andencourage investments and initiatives on part of the supply side players in the constructionindustry by inclining towards investment in green construction technologies, construction andalso heavily on sustainable innovations in this sector of the country (Hopkins, 2012).Empirical evidences show that there is in general a lack of awareness about the conceptof CSR in the construction sector of Malaysia. However, in many of the companies there arepresence of training program and other facilities for the employees, these are not termed underthe CSR aspects. The main problem in the Malaysian construction sector is that thetopmanagement of the constructionfirms are mostly reluctant to modify according to theenvironmental and sustainability requirements as long as they are earning profits from theirbusiness. There are also problems of monetary expenses in implementation of Corporate Social
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