An assessment of the impact of corporate social responsibility on Nigerian society: The examples of banking and communication industries

作者: Olanrewaju David Adeyanju , None

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摘要: In the Nigerian society, Corporate Social Responsibilities [CSR] has been a highly cotemporary and contextual issue to all stakeholders including government, corporate organization itself, general public. The public contended that payment of taxes fulfillment other civic rights are enough grounds have liberty take back from society in terms CSR undertaken by stakeholders. Some ten year ago, what characterized was fragrant pollution air, water environment. Most organizations concerned about they can out de-emphasized need give [their host communities]. This attitude often renders entire community uninhabitable. A case mind is Niger Delta area Nigeria. translated negative integrity reputation on part identity as people perceived this exploitation greed for profitability wealth maximization within decaying economy However, belief both business gain when firms actively strive be socially responsible; is, enhanced reputation, while gains social projects executed organization. modern day however, having seen benefits average favorable pay-back period their investment CSR, corporations now seriously involved project, which had impacted wonderfully profitably. study therefore, intended consider imperative Nigeria society. gap supposedly created harnessed investigated possible resolution, using banking communication industries study. research approach descriptive analytical. Data collected primary secondary sources, relying heavily relevant information available sectors, sources. Tests were conducted regression correlation analysis. result reveals strong significant relationship between Societal Progress such statistically significant. It thus conclusion plays role Progressiveness environmental economic growth. recommends that, improvement depth participation telecommunication development desirable, encouraged close ranks forge common interest addressing certain responsibilities, especially those bothering security technological advancement polity.

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