Corporate Social Responsibility In Nigeria Research Articles

Corporate Social Responsibility in Nigeria and Rural Youths in Sustainable Traditional Industries Livelihood in Oil Producing Communities

AbstractSince the first oil well was drilled in Nigeria, traditional economies have suffered neglect, and rural youths do not see a future for themselves in traditional industries livelihood (TIL). We examine the impact of corporate social responsibility of multinational oil companies on youths' participation in TIL. A total of 1200 youths were sampled across the rural Niger Delta. Results from the use of a logit model indicate a significant relationship between corporate social responsibility and TIL. The findings suggest increased general memorandum of understanding interventions in canoe carving, pottery making, cloth weaving, mat making and basket weaving to revive the traditional economic activities in Nigeria. © 2019 John Wiley & Sons, Ltd.

Corporate Social Responsibility in Nigeria and Rural Youths in Sustainable Traditional Industries Livelihood in Oil Producing Communities

Since the first oil well was drilled in Nigeria, traditional economies have suffered neglect, and rural youths do not see a future for themselves in traditional industries livelihood (TIL). We examine the impact of corporate social responsibility (CSR) of multinational oil companies (MOCs) on youths’ participation in TIL. A total of 1200 youths were sampled across the rural Niger Delta. Results from the use of a logit model indicate a significant relationship between CSR and TIL. The findings suggest increased general memorandum of understanding (GMoU) interventions in canoe-carving, pottery-making, cloth-weaving, mat-making, and basket-weaving to revive the traditional economic activities in Nigeria.

Corporate Social Responsibility in Nigeria and Multinational Corporations in the Fight Against Human Trafficking in Oil-Producing Communities

In Nigeria, human trafficking is a hidden crime, driven by the current economic situation of the country. The Nigerian government has demonstrated significant efforts to combating human trafficking in the country by creating the National Agency for the Prohibition of Trafficking in Persons (NAPTIP). The incidents of human trafficking in the Nigeria’s oil-producing communities have remained among the highest in the country and higher than the national average. The objective of this investigation was to determine the impact of a new corporate social responsibility (CSR) model of multinational oil companies (MOCs) on the fight against human trafficking in the host communities. A total of one thousand, two hundred households were sampled across the rural communities of Niger Delta. Results from the use of a combined propensity score matching and logit model indicated that MOCs hold the key to combating human trafficking by fostering effective partnership across different sectors, if highest CSR priority is assigned to reducing incidents of human trafficking in the oil-producing communities. Embracing the fight against human trafficking should form the foundation of General Memorandum of Understanding (GMoUs) practice, which in turn will provide the enabling environment for more widespread responsible business. As most of the human trafficking in the Niger Delta is exploited by relatives or friends; MOCs should involve traditional and religious leaders in the fight and set up GMoU clusters interventions specifically for anti-trafficking agencies including NAPTIP, the police and immigration to support their actions and improve efficiency.

Corporate Social Responsibility in Nigeria: Realities, Modalities and Possibilities

This conceptual paper provides a non-revisionist but contextual perspective on the largely controversial issue of corporate social responsibility. It expounds the dimensions of CSR by leveraging on specific global benchmarks whilst highlighting gaps applicable to Nigeria’s business environment. In furtherance of this objective, the essence of the global oil economy is noted, conceptualizations are proffered and contextual issues are discussed. The paper argues that a flexible and innovative model is plausible as a platform to elevate the essence of CSR on multiple levels. It emphasizes the importance of harmonizing the political, business, environmental and legal aspects of CSR to promote corporate sustainability, broad based economic development and community wellbeing.

Corporate Social Responsibility as Strategy for Environmental Preservation and Control of Youth Restiveness: The Experience from South-West Nigeria

Corporate social responsibility, a concept that has been around for well over 50 years has become prominent again recently. It is discussed in the context of organizations been socially responsible for the environment in which they operate. The strategy of impacting on these communities is referred to as corporate social responsibility. The study was designed to assess the strategies adopted by selected organizations in the Food and Beverage Industry in South-West Nigeria to preserve the environment in which they operate and control youth restiveness.Survey research design was adopted. The population consisted of communities in Lagos, Ogun and Osun States, namely: Ikeja, Apapa, Otta, Imagbon and Ilesa. A sample size of 600 (six hundred) respondents was drawn from the communities through the accidental and purposive sampling methods. The questionnaires were validated and their reliabilities confirmed through the analysis which resulted in Cronbach Alpha value of 0.957. Data collected were analysed using descriptive statistics, correlation and multiple regression.Findings revealed a significant positive relationship between corporate social responsibility, environmental preservation and the control of youth restiveness in the communities studiedThe study concluded that where firms get involved in corporate social responsibility, tendency is that communities will benefit immensely, it will lead to the enhancement of lives and general welfare of individuals, groups and society at large. It will equally assist in poverty alleviation. The study recommended that corporate social responsibility policies and practices should be more regulated and the need for the development of a legal framework for corporate social responsibility in Nigeria

Indigenous Businesses and Practice of Corporate Social Responsibility in Nigeria: The First Bank Experience in Upholding Entrepreneurial and Economic Development

Indigenous Businesses and Practice of Corporate Social Responsibility in Nigeria: The First Bank Experience in Upholding Entrepreneurial and Economic Development

Corporate Social Responsibility in Nigeria: A Critical Review of the Literature

The paper reviews existing literature on Corporate Social Responsibility (CSR) to ascertain the level of corporate social responsibility activities that will enhance the performance/profitability of businesses in Nigeria. It revealed that the success of an organization depends on the extent to which the organization is capable of managing its relationship with key groups, such as financial and stakeholders, but also customers, employees, and even communities or societies. Stakeholders must be considered in the decision making process of the organization. CSR is a concept that includes many different activities and actions which businesses have to involve themselves in for the purpose growth sustainability and growth of businesses. Businesses that voluntarily participates in local community development, such as providing the community with donations, assisting them with projects and sharing some of its profit with the community, helps to increase the business profitability in the long-run.

Comparative Analysis of the Factors Necessitating Commercial Banks and Manufacturing Firms’ Involvement in Corporate Social Responsibility in Nigeria

This research investigates the factors necessitating commercial banks and manufacturing firms’ involvement in Corporate Social Responsibility (CSR) in Nigeria comparatively. The research took place in Lagos State in South-west geo-political zone in Nigeria. The survey research design was used in this research. Moreover, the purposive sampling was used in selecting five commercial banks and five manufacturing firms. Primary data were gathered with the aid of questionnaire from 216 respondents out of 250 selected respondents from bank and 205 respondents out of 250 selected respondents from manufacturing firms. Fifty copies of the questionnaires were distributed to each company. All respondents selected were involved in CSR activities of their companies. Factors necessitating companies’ involvement in CSR were examined with Analysis of Variance. The research reveals that t-test value is -0.39 and p-value is 0.8, which shows that there is no significant difference between factors necessitating of the commercial banks and manufacturing firms’ involvement in CSR. The research recommends that corporate organizations should give attention to CSR initiatives as these lead to improvement of customers loyalty, improvement of the positive image of the organization, improved relationship with local communities, and enhances shareholders values as well as improved relations with public authorities amongst others.

Possible Roles of Corporate social responsibility (CSR) in promoting sustainable Development in Nigeria

Corporate social responsibility (CSR) continually plays a pivotal role in both developed and developing nations. However, there exist an imbalance of CSR choice implementation by several organization driven by of external versus intrafirm forces. Although government is at liberty to pass laws to encourage CSR, they lack the authority to enforce choice. This paper examines the sustainable developmental role of CSR, highlights the various challenges experienced and appraises CSR implemented in a bid to continually encourage the propagation of CSR in Nigeria. The results revealed that CSR implementation aids the eradication of several socio-economic trends plaguing Nigeria.

Exploring the Impact of Strategic Proactivity on Perceived Corporate Social Responsibility in Nigeria’s Petroleum Industry: A Structural Equation Modeling Approach

In the past few years, there has been a gradual re-orientation taking place in the relationship between business and society in the Nigerian petroleum industry. The re-emergence of democracy has led to an increased awareness about the role of oil companies in their host-communities. Oil companies are aware of this, and have devoted increased effort towards contributing to their host-communities. Despite the fact that, of recent, these oil companies are contributing more than ever, there is an increase in the conflict between these companies and the stakeholders in their host-communities. This is threatening their sustainability. This problem highlights a gap in theory and practice of CSR. In recent times, there have been calls for shift of scholarly focus towards a performance based CSR theory and practice. This paper empirically tested this performance based perspective by exploring the interactive process that leads to CSR outcomes. This was done through a quantitative research study. 623 members of Eket and Ibeno youth councils took part in a survey from which 591 valid samples were generated. A structural equation modelling (SEM) statistical technique was employed. The results showed a positive relationship between strategic proactivity and perceived CSR, with perceived economic value dimension demonstrating partial mediating impact on the relationship.

Effects of Corporate Social Responsibility on Organisational Performance: Evidence from Nigeria

The study drew empirical evidence from indigenous firms in Nigeria by exploring the meaning and practices of Corporate Social Responsibility in Nigeria. It was found that indigenous firms perceive and practice Corporate Social Responsibility as corporate philanthropy aimed at addressing socio-economic development challenges in their host communities and the country in general. This finding reaffirms the fact that Corporate Social Responsibility is a localized and social embedded construct, as the "waves", "issues" and "modes" of Corporate Social Responsibility practices identified amongst indigenous firms in Nigeria reflect the firms’ responses to their socio-economic context.The research design adopted for the research work is the survey research design, the data analysis was based on primary data through the administration of questionnaires. The data collected for the study were analyzed in tables, simple percentages and the hypotheses tested using Chi-Square. Based on the information supplied and the analysis of the data gathered, it was discovered that failure to adequately carry out Corporate Social Responsibility has played a significant role in the increase in occurrences and consequences of conflict between organizations and their host communities and eventually impacted negatively on their performances.Based on the foregoing therefore, the study recommends that in order to encourage the implementation of Corporate Social Responsibility a committee should be established to oversee the social responsibility activities of companies. The government should also partner with these companies to ensure that company’s management observes key principles of Corporate Social Responsibility in order to ensure effectiveness in running its social responsibility programmes without endangering corporate survival.

Corporate Social Responsibility and Organizational Profitability: An Empirical Investigation of United Bank for Africa (UBA) Plc.

This study investigated the impact of Corporate Social Responsibility on bank profitability with particular reference to United Bank for Africa (UBA) Plc. The study used annual reports of United Bank for Africa (UBA) Plc. Data used include corporate social responsibility expenditure and profit after tax for the period of 2006-2012. Data relating to cost/investment/expenditure as the case may be for the bank on corporate social responsibility and profitability was used to construct ordinary least square (OLS) model of regression to which was analyzed using SPSS. Result showed that Corporate Social Responsibility spending has short term inverse effect on Net Profit but in the long run it will provide better returns. The paper recommended that government should put Policy framework in place that will be design for corporate social responsibility in Nigeria to ensure compliance by setting mechanisms and institutions for the implementation of Corporate Social Responsibility.

Corporate Social Responsibility in Nigeria: Reflections and Reconceptualisation

The work introduces Corporate Social Responsibility (CSR) and offers an overview of this business governance and management model as generally conceived around the globe. It investigates the historical perspectives, definitions, connotations and usual debates surrounding the CSR discourse. It appraises the challenges surrounding effective CSR practice in Nigeria and queries the rather restrictive conceptualization of the CSR subject in terms of corporate charity or philanthropy. Further, it sets an agenda for a critical inquiry into the theoretical models and philosophical underpinnings of CSR towards finding an effective and widely-acceptable CSR regulatory framework which appears to be globally missing at the moment.

Corporate social responsibility in Nigeria's oil and gas industry: the perspective of the industry

Nigeria is an exemplar of the challenges of achieving sustainable development in the paradoxical twin realities of resource endowment and acute inequalities originated by difficulties of governance. The paper empirically demonstrates the role of corporate social responsibility (CSR) in facilitating the resolution of this paradox. In its several forms, CSR permeates the industry. The industry deploys CSR as a form of social licence to gain and retain acceptability by its host communities. Previous studies of CSR in the oil and gas industry in Nigeria have focussed solely on multinational operators and their activities, particularly the Nigerian outlet of Royal Dutch Shell, in the Niger Delta region. The present study differs from previous studies by including a significant number of small and medium enterprises trading in the industry, both in and outside of the Niger Delta region and both in the upstream and downstream sectors of the industry.

Stakeholders' perceptions about corporate social responsibility: Implications for poverty alleviation

AbstractThere has been a growing interest in the management literature in investigating the perceptions of stakeholders toward corporate social responsibility (CSR). Studies have shown that an assessment of stakeholders' perceptions toward CSR may influence top management's decision to respond in an encouraging manner to CSR initiatives. Several studies have been conducted in CSR. However, these studies have been primarily conducted in the West. Very little research on CSR has been done in Nigeria. The purpose of this research is to examine stakeholders' perceptions on CSR in Nigeria. Results show that there is a universal understanding of the concept of CSR in Nigeria. Respondents were able to identify that CSR consists of a range of responsibilities covering economic, legal, ethical, and philanthropic characteristics. They were also able to recognize the different items listed in the questionnaire as factors that would make a corporation socially responsible. © 2012 Wiley Periodicals, Inc.

Corporate Social Responsibility in Nigeria

Corporate Social Responsibility in Nigeria

Corporate Social Responsibility in Nigeria: Western Mimicry Or Indigenous Influences?

Drawing empirical evidence from indigenous firms, this study explores the meaning and practice of CSR in Nigeria. It was found that indigenous firms perceive and practise CSR as corporate philanthropy aimed at addressing socio-economic development challenges in Nigeria. This finding confirms that CSR is a localised and socially embedded construct, as the 'waves', 'issues' and 'modes' of CSR practices identified amongst indigenous firms in Nigeria reflect the firms' responses to their socio-economic context. It is anticipated that this paper will add to the body of knowledge on CSR, especially as it relates to Africa, which has a relatively dearth of literature on CSR; and provide some insights to multinational firms operating in Nigeria.