Problems And Prospects Of Corporate Social Responsibility Of Nigerian Manufacturing Industry

Problems And Prospects Of Corporate Social Responsibility Of Nigerian Manufacturing Industry

Chapter One

Preface

Background To The Study

Academics and interpreters have been seeking to establish and agreed upon delineations of the conception of commercial social responsibility for over 30 times. Davis( 1960) suggested that social responsibility refers to businesses ’ “ opinions and conduct taken for reasons at least incompletely beyond the establishment’s direct profitable or specialized interest. ”

Eells and Walton( 1961) also argued that commercial social responsibility refers to the “ problems that arise when commercial enterprise casts its shadow on the social scene, and the ethical principles that ought to govern the relationship between the pot and the society ”(p. 5).

In moment’s dynamic business terrain, commercial organisations are faced with the requirements to impact appreciatively on the host communities, by taking upon themselves certain liabilities in order to increase their societal and terrain influence. Organisations also included social and environmental enterprises in business operations rather than fastening on profit making only. Organisations have developed a variety of strategies for dealing with this crossroad of societal requirements, the natural terrain, and corresponding business imperatives with respect to how deeply and how well they’re integrating social responsibility approaches into both strategy and diurnal operations worldwide.

numerous organisations similar as banks and some manufacturing companies in Nigeria are driven by the need to make further and further gains and that’s the sole end of every business. In a shot to meet this target, some companies don’t adequately respond to the requirements of host communities, workers ’ weal( cheap labour frequently preferred), environmental protection and community development. Research has shown that commercial social responsibility can increase profitability, sustainability, integrity and character of any business that includes it in its policy.

Nkanga( 2007) posited that commercial social responsibility involves the commitment shown by companies to contribute to the profitable development of a original community and the society at large. The relinquishment of commercial social responsibility policy shouldn’t be driven or motivated by raised profit. Rather, giving back to the society that gave to the business first should be the motivating factor. It’s a common practice by Nigerian organisations to put as one of their charge statements the provision of commercial social responsibility. The organisations must have realised that stating commercial social responsibility as one of their charge statements hold special appeal to the stakeholders. Hence, there’s an adding mindfulness and recognition accorded commercial social responsibility by pots.

Some critics according to Carpenter, etal.( 2010) have argued that commercial social responsibility as enforced by some organisations is bare facade. It’s extensively believed by numerous that commercial social responsibility sweats are bare juggernauts by organisations to promote commercial brands. numerous Nigerians are ignorant of commercial social responsibility; hence, whenever an organisation does commodity ‘ apparently big ’ for the society, such a company and its operation are eulogized for being caring andphilanthropic.Manufacturing companies in Nigeria are anticipated to manage the impacts of their operations by espousing commercial social responsibility( commercial social responsibility) programme. Onwuegbuchi( 2009) in his studies on commercial social responsibility among manufacturing enterprises reported that utmost manufacturing companies in Nigeria embarked on commercial social responsibility programme for the purpose humanitarian gesture and for government and public appraisal. He further stated that some manufacturing companies applied environmental and labour norms that suit them to satisfy introductory conditions of the laws of the country.

The Nigerian government should insure that manufacturing companies ’ commercial social responsibility policy entails tone- regulation, adherence to rules and regulations, ethical norms, environmental responsibility and sustainability, consumers ’ satisfaction, hand weal, communities and stakeholders benefits.

The problems of the terrain in which an organisation operates can not be ignored. thus, there’s a need to examine the problems and prospects of commercial social responsibility in Nigeria. In its stronger form, the conception of Commercial Social Responsibility( commercial social responsibility) asserts that pots have an obligation to consider the interests of guests, workers, shareholders, communities, as well as the ecological ” footmark ” in all aspects of their operations.

Statement Of The Problem

Despite the huge attention lately given to commercial social responsibility( CSR) in Nigeria, anarea of concernstill remainorganisations in the manufacturing sector. utmost manufacturing organisations still don’t see any reason for commercial social responsibilitypolicy adequacy. Companies that reluctantly accepted and espoused the commercial social responsibility policy, do so for profit- making purpose.

Another lacking area on commercial social responsibility is that utmost of the studies on commercial social responsibility were conducted on nations with developed husbandry and their findings were set up out not to be applicable to some developing nation’s frugality like the Nigeria. thus, this study will examine the problems and prospects of commercial social liabilities in Nigeria using the manufacturing assiduity as a case study. It’s ironic that these organisations take coffers from the external terrain and it’s only natural to give back what has been exploited. Unfortunately, this anomaly is a norm in this part of the globe and this cankerworm can only be perfected through exploration thesis similar as this, publication, media hype, juggernauts and mindfulness emphasising the significance of commercial social responsibility in our society.

Objects Of The Study

The broad ideal of this study is to examine the problems and prospects of commercial social responsibility in the Nigerian manufacturing assiduity. Specifically, the study is designed to

probe how commercial social responsibility( commercial social responsibility) influences organisationalreputation in the Nigerian manufacturing assiduity.

Cross-question the difference between position of perceived guests ’ patronage and brand fidelity among companies that practices commercial social responsibility and organisations that donot practice commercial social responsibilityin the Nigerian manufacturing assiduity.

Analyse how commercial social responsibility relinquishment influences organisational performance and profitability.

Assess the profitable, social and environmental factors impacting commercial social responsibility( commercial social responsibility) relinquishment among manufacturing companies in Nigeria.

exploration QUESTIONS

The manufacturing assiduity plays a significant part in the growth and development of the Nigerian frugality, and commercial social responsibility ought to be a voluntary act by the manufacturing companies. It shouldn’t have to be forced on organisations by the law, government, and civil rights groups or by the communities. Social responsibility should be a deliberate addition of public interest into commercial decision- timber and the honouring of a triadic nethermost line of people and profit timber.

In this discussion there are four specific exploration questions chased after the statement of the problem and they’re listed below.

Are there differencesbetween position of perceived guests ’ patronage and fidelity among companies that practices commercial social responsibility and those that don’t exercise commercial social responsibility in the Nigerian manufacturing assiduity?

What extent would commercial social responsibility relinquishment influence organisational performance and profitability?

Whatare the profitable, social and environmental factors responsible for the poor performance of commercial social responsibility( commercial social responsibility) relinquishment among manufacturing companies in Nigeria?

exploration suppositions

To give empirical answers to the exploration questions above, the following exploration thesis were developed. They’re as stated below;

Thesis I

H0 Commercial social responsibility( commercial social responsibility) doesn’t impact organisational character in the Nigerian manufacturing assiduity.

H1 Commercial social responsibility( commercial social responsibility) influencesorganisational character in the Nigerian manufacturing assiduity.

Thesis II

H0 There’s no significant difference between position of perceived guests ’ patronage and fidelity among companies that practices commercial social responsibility and those that does n’t in the Nigerian manufacturing assiduity.

H1 There’s a significant difference between position of perceived guests ’ patronage and fidelity among companies that practices commercial social responsibility and those that does n’t in the Nigerian manufacturing assiduity.

thesis III

H0 Commercial social responsibility relinquishment doesn’t impact organisational performance and profitability.

H1 Commercial social responsibility relinquishment influences organisational performance and profitability.

thesis IV

H0 provident, social and environmental factors don’t impact the performance of commercial social responsibility.

H1 provident, social and environmental factors impact the performance of commercial social responsibility.

Exploration Styles

This study adopts descriptive check system. thus, across-sectional exploration design is used to design the methodology. The premise for this exploration system is because data are collected from the population for ferocious study and analysis.

More frequently than not, the exploration can not conceivably study all subjects or particulars in the population. Hence, a picky arbitrary sample from or a subset of, the population was taken.

The reasons for arbitrary slice are;

Among the rudiments( manufacturing companies in Lagos state) that make up the population of study there are parallels and thus a study of many of these rudiments will give the experimenter sufficient knowledge of what’s accessible in the entire population study.

It’s cheaper to engage in the arbitrary study

It allowed for quicker results and further thorough exploration conduct.

It’s virtually insolvable to consider all rudiments in this exploration considering the limited time frame.

The target population for this study arethe manufacturing companies in Lagos State, but due to large number of manufacturing companies located in the State, some named organisations will be considered for this study. Primary data will be gathered through questionnaire administered among aimlessly named workers of the named companies. The data will be analysed using frequence and chance tables and a descriptive analysis will be carried out using a software package for statistical analysis tool.

Compass And Limitation Of The Study

The focus of this exploration would encompass the problems and problems of commercial social responsibility and its impacts. The impacts of social services by pot shall be examined in relations to fiscal performance, hand commitment, and community development. The study shall concentrate on the Nigerian manufacturing assiduity. The comprehensions of some crucial players of the assiduity shall be sought for the purpose of this exploration work.

Due to limited time of the study and the choice of using questionnaire system, this exploration doesn’t include an expansive standard of commercial social responsibility practices in the Nigerian manufacturing assiduity, but is confined to a many organisations positioned in Lagos, Nigeria. Though the study uses vital bigwig information from these organisations, confidentiality of names, data, data and numbers were treated with utmost secretiveness and with a caveat.

The trustability and validity of the data can also be vindicated and queried, but of course that won’t be necessary.

Significance Of The Study

The significance of this discussion isn’t just to assay the practice of commercial social responsibility but to understand the current practice, the position of understanding of commercial social responsibility by manufacturing organisations in Lagos state in relation to how it should be. It’ll explain how commercial social liabilities affect the performance of these enterprises.

The exploration would also help to explore the impact of commercial social responsibility on workers ’ commitment to theorganisation.What part does the hand play in commercial social responsibility? Can he impact the decision making process? What’s their position of understanding of the conception?

Organisation Of The Study

Chapter one of the study provides background of the study, stating the problem of the study and the exploration questions and suppositions to be tested in the study. It also highlights the significance of the study and compass of the study.

Chapter two reviews related literature on problems and prospects of commercial social responsibility of Nigerian manufacturing assiduity. It looks at different authors ’ delineations of commercial social responsibility and its conditioning affects associations ’ character, guests ’ patronage and brand fidelity. Chapter two examines commercial social responsibility relinquishment influences organisational performance and profitability. How profitable, social and environmental factors are responsible for the poor performance of commercial social responsibility( commercial social responsibility) relinquishment will also be considerably reviewed.

Chapter three bandied the exploration styles to be used in designing the study which will include exploration design, population, sample size and slice fashion, data collection and data analysis styles.

Chapter four presents the data gathered in frequence and chance tables. The data will also be analysed and exploration suppositions will be tested with chi-square statistical test.

Chapter five summarises the outgrowth of the study, draw conclusions grounded on the findings of the study and make necessary recommendations.

Description Of Terms

Commitment: Commitment as defined in this study means when an hand pledges his fidelity to an organisation. It’s an operation, fidelity or pledge to an engagement or obligation that restricts freedom of action.

Community: Community as used in this study means a group of people who live in an area where an organisation operates. They’re a group of people having a religion, race, profession, or other particular characteristic in common.

Social Responsibility: Social responsibility as described in this study is a demonstration of certain responsible geste on the part of public and the private( government and business) sectors toward society and the terrain.

Performance: Performance is the manner in which an organisation functions, operates, or behaves in the society.

Stakeholder :This study describes a stakeholder as a person or group with a direct interest, involvement, or investment in a business organisatione.g. the workers, stockholders, and guests of a business organisation.

Hypothesis :A thesis is a conditional statement about connections that live between two or among numerous variables. It’s a academic statement about connections and need to be tested and latterly accepted or rejected.

propositions and laws :A thesis, if it’s true, state a law. thus, the thesis is a law like statement. Law is defined as a statement of steady relationship among observable or measurable parcels.

REFERENCES

Carpenter,T. Andrew, bulletin, Da- silva,B.( 2010) Commercial Social Responsibility in India- An Empirical exploration.( Online) Availablehttp//www.EzineArticles.com

Davis,T.( 1960). Commercial Social Responsibility and organizational Profitability ”.J. Econ.Soc.Res. 3( 1) 113- 124.

Eells, S and Walton, T( 1961). The path to commercial responsibility, HBR, December 2004,pp. 125- 132.

Onwuegbuchi,D.K.( 2004). “ The relationship Between comprehensions of commercial citizenship and Organizational Commitment. ” Business and society,Vol. 43no. 3 pp 296- 319, Sage Publications

Nkanga,E.( 2007). Nigeria Telecom Drivers and Commercial Social Responsibility. This Day, 31st Jan,2007.www.google.adservices.com Free Article Submission spots.