Abstract
As the quest for multi-stakeholders’ approach to the development of communities and societies across Africa becomes intensified in view of reduced government pro-active development efforts due to dwindling resources and high competing demands from other sectors, the paper examines available opportunities for community development through CSR programs of multinational corporations. It observes that corporate social responsibility programs of multinational corporations have not made meaningful development impacts despite the fact that corporate social responsibility platforms are veritable means of fast-tracking development at community level across Africa. It concludes by identifying strategies for enhancing corporate social responsibility impacts and possible areas of interventions for community development across Africa through multinational corporations’ corporate social responsibility platforms.
Highlights
Community Developments in AfricaAdekeye Department of General and Entrepreneurial Studies, Olusegun Agagu University of Science and Technology (OAUSTECH) Okitipupa, Ondo State, Nigeria 2 Nigerian Content Development and Monitoring Board (NCDMB), Yenagoa, Bayelsa State, Nigeria * Adewole Adeyeye, Department of General and Entrepreneurial Studies, Olusegun Agagu University of Science and Technology (OAUSTECH) Okitipupa, Ondo State, Nigeria
Multinational Corporations (MNCs) are essential features of modern day global businesses
The current Corporate Social Responsibility (CSR) models being adopted by most corporations, which have generally jettisoned the critical role of stakeholders’ engagement in development processes have been responsible for poor CSR outcomes on the continent, but have fared poorly on Return on Investment (ROI) scale
Summary
Adekeye Department of General and Entrepreneurial Studies, Olusegun Agagu University of Science and Technology (OAUSTECH) Okitipupa, Ondo State, Nigeria 2 Nigerian Content Development and Monitoring Board (NCDMB), Yenagoa, Bayelsa State, Nigeria * Adewole Adeyeye, Department of General and Entrepreneurial Studies, Olusegun Agagu University of Science and Technology (OAUSTECH) Okitipupa, Ondo State, Nigeria
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