THE IMPACT OF CORPORATE RESPONSIBILITY (A CASE STUDY OF SOME SELECTED MANUFACTURING COMPANIES IN EDO STATE)

ABSTRACT

The known features of the present Nigerian socio-economic situation is that high cost of living, how per capital income and deterioration of social infrastructure and welfare. This trend caused by haphazard and inefficient management of national economy has been in existence since independences. Government efforts in the past have failed to redress this issue. Consequently there is increasing need for business organization in Nigerian environment to help and support government in discharging some of its social obligations. This study therefore evaluated the corporate social responsibility programmes/activities to define an appropriate social response for manufacturing enterprises and other business organization. The fundamental objective of the study is to provide useful guide to the manufacturing enterprises and the government on how to approach the issue of corporate social responsibility activities. A manufacturing company was studied, the data for the work was collected through the use of questionnaire and personal interviews that was systematically designed and administered to the respondent for the company extensive review of existing literature on this subject was also made and relevant information was extracted. Data collect was presented and analyzed in chapter four using simple percentage analysis one hypothesis was proposed for the study and was statistically tested using chi-square (X²) distribution. Based on the analysis of the research data funding were made. Recommendations based on the funding were proffered and conclusion drawn. All these are presented in chapter five. It is hope that if the recommendation made are put into practice, it will go along way towards improving the issue of corporate social responsibility programmes and activities by business organization.