CORPORATE SOCIAL RESPONSIBILITY AND FIRM PERFORMANCE; A STUDY OF SELECTED OIL FIRMS IN NIGERIA

AUTHOR: KUMANWEE, FELIX TOMBARI (MSc)

DEPARTMENT: Management Technology

SCHOOL: School of Management Technology (SMAT)

AFFILIATION: Federal University of Technology Owerri

This work evaluated the relationship between corporate social responsibility and firm performance in the Nigerian oil industry. Employing well-structured questionnaires administered with the aid of a three-point likert scale and the multiple regression analysis, it was found among others, that a significant relationship exists between corporate social responsibility (CSR) and organizational performance. Also the study revealed that three CSR variables, namely community development, environmental development and employee welfare were statistically significant. Thus, the study concludes that CSR with all the variables bearing a positive coefficient met the a priori expectation. Prominent among the recommendations, is the need for organizations to take up more corporate social responsibility activities in order to reduce the host community/firm tension and so encourage organizational performance.
PLEASE USE THE LINK BELOW TO HAVE ACCESS TO THE FULL CONTENT OF THIS INFORMATION RESOURCE: http://tinyurl.com/zt7uo3s
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