Suchergebnisse

The topic of this research work was based on corporate social responsibility and the extent of its implementation on host community. Four research objectives, questions and hypotheses were formulated to address the problem of the study. The main instrument for data collation was questionnaire, administered to 245 respondents in the geographical area where the companies are situated and where the research took place. The researchers tested the hypotheses using Analysis of Variance (ANOVA) as the statistical tool and the main findings include; companies operating in quarry sites in Akamkpa local government area were not sensitive to their corporate social responsibility, and thus were not ready to incorporate it in their business mix, but place emphasis on maximizing economic benefits. Also other findings indicated that amongst the four major CSR strategies companies propensity to adopt reactive strategy was most likely compared to defensive, accommodative and proactive strategies, because the strategy deny accepting responsibility. The last hypothesis confirmed companies' unwillingness to contribute to sustainable economic development for the benefit of host communities. And it was concluded and recommended that despite firms and businesses interest in profit maximization, it is also important for firms and businesses to impact socially on its immediate society and environment. Both interests should be pursued simultaneously.