Impact of Reporting on Community Healthcare Programs on the Profitability Of oil Companies in South-South Nigeria

Abstract

This study sought to ascertain whether reporting on community health care programs by the oil companies in south- south Nigeria impact on the profitability of the oil companies, find out the impact of reporting on community health care programs on community- business relations. The researcher administered questionnaires to a sample of 104 respondents, representing various community/group leaders and other stakeholders in 8 selected oil rich communities of the South-South Nigeria. Hypotheses were formulated and tested with spearman correlation statistic tool via SPSS. The result revealed that reporting on community health care impact significantly on the profitability of the oil companies; and also impact in great measure on the community- business relations. The implication of these findings is that the companies' profitability and community business relations will further be enhanced if business organizations especially the multinational oil companies intensify actions that will improve their financial commitment on community health care programs. It is therefore the view of the researcher that the oil companies should improve upon their financial commitment on health care programs. This will among others improve community-business relations