In Malaysia, the area of corporate social responsibility (CSR) has developed aggressively in the last decade and is gradually becoming universal. Companies are now expected to put into account all aspects of their performance including social, environmental performance and financial results. Thus, more organizations are now engaged in serious efforts to define and conform CSR into all aspects of their businesses.[ Ahmad NN, Rahim NLA. “Awareness of the concept of corporate social responsibility among
Corporate Social Responsibility in short CSR can be summarised as a requirement of the organization management to make choices and take actions that will improve the welfare and benefit of society besides the organization. Basically history or concept of CSR is fairly not new one. It is in use from 1960s. In 18th century Adam Smith uttered classical economic model of business. This model propose that needs and wishes of society could finest be met by the unrestricted communication of individuals
For instance public education institutions in Malaysia receive 90% of their funding from government sources with the remainder derived from student fees. The government of Malaysia under Ministry of Education as well as various other funding bodies provides various types of loans and scholarships to student. The most providing loans for student in Malaysia are National Higher Education Fund Corporation (PTPTN) as Main Corporation. Beside that, there