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Corporate Social Responsibility and Performance of Manufacturing Companies in Nigeria: A Literature Review

Ekpenyong, Etim Bassey Etim, Umo Ephraim Otera, Andorshiye Vera Francis , Happiness Ubi Muze

Abstract

The purpose of the study was to examine corporate social responsibility and performance of manufacturing companies in Nigeria. Corporate social responsibility of the business is composed of different components that are combined to form one whole concept. The pyramid of corporate social responsibility describes the four different components that are unified with each other and provide framework how a business organization might engage in business decisions, actions, practices, and policies simultaneously. The study recommended that management of companies should often involve community stakeholders in CSR decision making in order to ensure a positive perception of the firms CSR performance by the host community.

Keywords

Corporate social responsibilityperformancelegal responsibilityeconomic responsibilityethical responsibilityphilanthropic responsibility

References

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