Strategic corporate social responsibility and organisational sustainability of multinational corporations in Nigeria (original) (raw)
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2019
There has been considerable progress in holding companies accountable for their social responsibility performance. However, progress on socio economic and environmental impact of their practices has been more limited thereby creating an atmosphere of unfavorable business conduct and sustainability exposures. The absent of internationally recognized standards of corporate social responsibility in Nigeria have further aggravated the issue. There have also been little to no report on corporate responsibility in relation to enterprises overall economic relevance to the economy, import dependency, corruption, labour standards and eco efficiency in Nigeria. To this end, the study examined the extent to which organizations' corporate social responsibility tackles sustainability exposure as required by the Global Reporting Initiative. Survey and content analysis designs were used. Data were collected from primary and secondary sources of six Nigerian companies. T test and ANOVA were als...
This research evaluates the concept of corporate social responsibility as a strategy between host government and multinational oil and gas firms operating within the Niger Delta region. Due to the facts that most multinational oil and gas firms operating within the region has failed to attend to the social welfare of the indigenes within the region. This has led to underdevelopment despite producing a large volume of the natural resources within the country. The general exploitation and exploration from multinationals within the Niger Delta region has led to deforestation, poor climatic conditions due to gas flare and other activities from the oil and gas multinationals. The lack of imposing stiff penalties and also enforcing the multinationals to adhere to the global standard of operation has resulted in this unfortunate environmental conditions. The methods used in this research includes qualitative data analysis with both secondary and primary data collated though conducting surveys within the region and semi-structured interviews with two personnel’s currently working with the multinationals operating in the region. Respondents from the survey were collated within the nine Niger Delta geopolitical states to acquire different views and also extrapolate this views to the general public within the region. From the survey conducted, the strategies used in implementing CSR in the region are not effective and this strategies need to be modified. Most respondent are concerned with sustaining their environment and the issue of environmental sustainability should be paramount to the multinational firms within the region. With the right strategy in place, the host community can work harmoniously with the foreign multinationals operating in the region.
IOSR Journal of Environmental Science, Toxicology and Food Technology, 2017
This research is an attempt at finding the institutional trajectories of Royal Dutch Shell operations concerning the question of Corporate Social Responsibility/Social Investment (CSR/SI) strategies in two different environments i.e. The United States and Nigeria. In the quest to ascertain these facts and variables, the question of adequacy of this responsibility and the policy framework of Royal Dutch Shell has become a subject of concern being that issues of corporate strategies towards different states and communities around the globe has raised questions of disparate arrangements, approaches and attitudes.A perusal of various literature and reports, including the Social Investment Disclosure in the sustainability report of the Royal Dutch Shell (2012), as well as economic indices and demographic data suggest how the question of CSR is a field amass with facts and figures about how differently global conglomerates approach their corporate responsibility toward host communities. The subject of CSR/SI strategies as contained in the analysis of the sustainability report of the Royal Dutch Shell (2012) states that in Nigeria. Yet, the Key Performance Indicators (KPI) reveals some level of inadequacy of the company's Social Investment (SI) programmes in Nigeria as compared to the United State.), and the "Lack of Goodwill" Indicators designed by IPIECA (2008), bring to the fore the demographic and socioeconomic indices of the two environments, which give an insight into issues that include ethical considerations and limitations. Most of the thematic issues show that the Royal Dutch Shell has in place diverse social and voluntary investments programs.
APPRAISAL OF THE PRACTICE OF SOCIAL RESPONSIBILITY BY BUSINESS ORGANISATIONS IN NIGERIA
This paper focuses on the social responsibility of business organizations in Nigeria. It examines the extent of their involvement in the concept of social responsibility with a view to recommend the strategic importance of being socially responsible to all the stakeholders. The methodology employed was that the researcher examines the Annual Reports and Accounts of randomly selected companies and compared their turnover with their investment in social responsibility. The result revealed that these companies have contributed infinitesimal amount of their gross earnings in social responsibility. Thus, they need to increase their involvement in social responsibility to boost their reputation capital.
APPRAISAL OF THE PRACTICE OF SOCIAL RESPONSIBILITY BY BUSINESS ORGANIZATIONS IN NIGERIA
2008
ABSTRACT This paper focuses on the social responsibility of business organizations in Nigeria. It examines the extent of their involvement in the concept of social responsibility with a view to recommend the strategic importance of being socially responsible to all the stakeholders. The methodology employed was that the researcher examines the Annual Reports and Accounts of randomly selected companies and compared their turnover with their investment in social responsibility.
Climate change which occurs as a result of natural and anthropogenic factor is majorly exacerbated by emission of green house gases, destruction of landscape greenery, injudicious disposal of waste and effluents emanating from industries. All these portend grave implications to environmental health and sustainability. This paper evaluates sustainable development practices and awareness in business organisations in Nigeria. It also assesses the commitment of firms to the three spheres of sustainable development principles -social, economic and environmental. The paper underscores the factors hampering sustainable development practices in business organisations, and recommends ways by which they can effectively play their roles towards achieving the national agenda for sustainable development.
Africa has become increasingly attractive to foreign investors, but the establishment of operations in emerging markets poses challenges for multinationals. One such challenge is implementing of corporate social responsibility (CSR) effectively across all subsidiaries. This study aims to determine whether there are differences in CSR expectations and praxis between a multinational bank and its subsidiary operating in South Africa. Through qualitative research methods, a case study research design approach was utilized to study CSR activities in the parent company and CSR activities in its South African subsidiary. Data collected from ten interviews are analyzed using open, axial and selective coding procedures. The study concludes that there are nuanced gaps in CSR expectations, and between the parent company and its South African subsidiary. Global CSR strategies may be applied consistently across subsidiaries, but they do not necessarily address core issues faced in emerging economies, placing doubts upon the practicality of these efforts.
2020
Agitation for societal development has been on for a long time in Nigeria. This has made many communities to complain against organisations making profits in the povertyridden environments. It is for this reason that the communities call on the organisations to contribute to their development through corporate social responsibility (CSR) programmes. The study employed secondary methodology of desk research technique and found that organisations in the selected industries have contributed to the well-being of their communities. The study supports the position of the stakeholder theory that organisations should take care of all stakeholders and not only the shareholders. Going forward, it recommends that organisations in Nigerian industries should invest more in the area of corporate social investment as a form of CSR thereby ensuring that the people could achieve much needed development sustainably.
Environmental Sustainability Practice is one of the major Corporate Social Responsibilities (CSR) of manufacturing companies in Nigeria necessary to achieve development and poverty eradication among the populace. The study ascertained the extent of environmental sustainable social responsibility corporate practices of manufacturing companies in Cross River State. Descriptive survey design was adopted for the study. The population comprised 578 community representatives in Cross River State and a sample of 216 community representatives selected using a three stage multi-stage sampling technique. The study was conducted in the eighteen local government areas in Cross River State. One research questions guided the study and one hypothesis was tested at 0.05 level of significance. A 12-item validated structured questionnaire was used to collect data and the reliability of the instrument established using split-half method. The reliability coefficient of the instrument was 0.82, obtained with Pearson product moment correlation formula. The data collected were analyzed using mean scores for the research questions. The hypotheses were tested with one-way analysis of variance. The findings of the study revealed among others that the manufacturing companies in Cross River State practice corporate social responsibility in environmental sustainability to a small extent. It was recommended among others that owners of manufacturing companies should be sensitized through trainings to proactively promote the public interest by engaging in corporate social responsibility practices that encourage community growth and development, and voluntarily eliminate practices that harm their environment regardless of legality.
2020
Thematic Exploration of Corporate Social Responsibility (CSR) Issues: Origins, Twists and Turns, and Evidence from Nigeria's Oil and Gas Industry 1. Introduction Corporate social responsibility (CSR) as a development policy and strategy intervention concept has historically and increasingly gained currency in global recognition and acceptability for a very long time in policies, academia and business world. The origins and emergence of CSRare shrouded in socioeconomic , cultural and environmental explanatory controversy among the proponents of the concept. However efforts have been made in this paper to capture and integrate some global historical perceptions and literature on CSR origins and evolution. Due to its dynamic nature and various conceptualizations in different business operating environments and society, varying definitions of the concept have evolved in literature. In the process of examining the development of CSR since the inception, related paradigm shifts phases modellings, different views, twists and turns are emerging and some lessons learned to that effect. In addition, different schools of thoughts on CSR have emerged, as well as the reconciliations of views and evaluations of corporate performances in the arena of private and public business operating environments and society at large. As a result of rapid global industrialization, many corporate organizations have witnessed unprecedented socioeconomic growth and development, as well as environmental degradations, which have necessitated the drive and urgent need for the business organizations to be proactive, responsible and positively impact on the lives of their host communities'/members and society. These CSR mainstream needs are suggested to be the panacea to sustainable environment development of the respective concerned communities and society. Corporate organizations have used CRS to attract various conceptual strategic approaches in order to ameliorate the resultant environmental degradations to suit the relevant needs of the work communities concerned and society, as well as achieving the social, economic and environmental imperatives balance. In practice and relation to the view of Chikwe (2012), CSR is a set of standards by which organizations can positively impact their operating environment with the innovation potential and creating sustainable economic growth and developments. The CSR conceptualization motives are products of the prevailing socio-cultural, economic and political priorities of the company-host communities' relationships, and realities. In some cases also, available relevant evidences suggest that until recently, the evolution, adoption and development of CSR policies and strategies within Nigeria's oil and gas industry in specific, were a calculated defensive strategy adopted by the multinational companies (MNCS) to help reduce costs of operation, mitigate and minimize reputation damaged resulting from frequent community strife (ldemudia and lte, 2006; Chikwe, 2012, Chikwe and Zeb-Obipi, 2017). To ameliorate this ugly situation in Nigeria, a strategy of Corporate-Community Relations (CSR) in Nigeria's oil and gas industry was crafted, and this became an integral part of CSR umbrella initiative in the oil and gas producing region of Nigeria.