THE ROLE OF CORPORATE SOCIAL RESPONSIBILITY IN THE PROFITABILITY OF SELECTED COMPANIES IN NAIROBI


For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

ABSTRACT

Corporate social responsibility (CSR) is a rapidly emerging issue in the world of business. World over, companies are adopting corporate social responsibility practices in a bid to improve the visibility, image and the long term profitability. This has been found necessary due to changes in the world brought about by globalisation and increased societal expectations on aspects such as human rights and environmental awareness. This awareness bas led to boycotts of companies products perceived to be undermining such values. This has been exemplified in the case of Nestle. Nike and Shell among others in the international arena, and Del- Monte and flower farms among others in Kenya. This study focused on the CSR practices and its role in the profitability of selected organisations namely Barclays Bank, National Bank, Kenya Commercial Bank, British American Tobacco and African Wildlife Foundation. These organisations were purposively selected because they are amongst the few organisations that have adopted CSR in the recent past, and management was willing to divulge information on their CSR programs. Data was collected by use of questionnaires., which were administered to the managerial personnel in the organisations under study and analysed using descriptive statistics. Findings from the study indicated that CSR is a major contributor to the profitability of organisations through enhanced image and reputation. Further, the quality performance is vital in improving reputation with customers. The research also found out that these organisations had strategic partners in their CSR agenda. However, the greatest impediments to CSR practices were finances and poor public perception.

THE ROLE OF CORPORATE SOCIAL RESPONSIBILITY IN THE PROFITABILITY OF SELECTED COMPANIES IN NAIROBI
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Project
    Department Business Administration and Management
    Project ID BAM3696
    Fee ₦5,000 ($14)
    No of Pages 43 Pages
    Format Microsoft Word

    Related Works

    “A SURVEY OF SOME MANUFACTURING FIRMS IN NIGERIA” CHAPTER ONE INTRODUCTION 1.1       BACGROUND TO THE STUDY All organizations exists in complex relationship with elements in their external environments. Corporate social performance is... Continue Reading
    CHAPTER ONE INTRODUCTION 1.1    BACKGROUND TO THE STUDY In the few decades, the concept of corporate social responsibility has grown exponentially. In the 21st century, the firms face large number of changes and challenges including the corporate social responsibility as being one... Continue Reading
    Every business takes birth, survives and grows with the consent and co-operation of the society.  The society provides inputs to the business and accepts its output. Naturally the business owes  everything to the society. Corporate Social Responsibility denotes organizations’ willingness to  take responsibility and accountability for the... Continue Reading
    (A CASE STUDY OF GTB PLC) ABSTRACT This research work seeks to examine the impact of corporate social responsibility on bank performance on the commercial banks in Nigeria. Time series data from 2004 to 2013 were computed from the financial statements... Continue Reading
    CHAPTER ONE 1.1  BACKGROUND OF STUDY Businesses primarily exist to make profit. The profit motive has often been perceived as representing a lack of concern for all other objectives of an organization. But, today businesses are realizing that in order to stay profitable in a rapidly changing environment, they would have to become socially... Continue Reading
    THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY ON THE PROFITABILITY LEVEL OF BUSINESS ENTITY Abstract This study is on the impact of corporate social responsibility on the profitability level of business entity. The total population for the study is 200 staff of Dangote group of company, Lagos state. The researcher used questionnaires as the... Continue Reading
    ABSTRACT Competitive advantage is of the goals as to why firms exist in a any given industry. However, it is not easy for the firm to gain competitive advantage as there are turbulences in the environment with high levels of competition in different industries. The manufacturing sector is one such competitive industry that require firms to... Continue Reading
    THE IMPACT OF SOCIAL RESPONSIBILITY ON CORPORATE PROFITABILITY (A CASE STUDY OF 7UP BOTTLING COMPANY 9TH MILE ENUGU) ABSTRACT In the past, 7up Bottling Company 9th Mile Enugu separated sally to maximize profit in order to maximize the shareholders wealth. This objective has been subject to criticisms by these who strongly believed that, it create... Continue Reading
    Abstract The study examined the impact of corporate social responsibility on the financial performance of Quoted oil and gas in Nigeria. The total population for the study is 200 staff of selected oil and gas companies in... Continue Reading
    Today businesses are expected to take on additional social responsibilities aside from  maximising profits and shareholders‟ wealth. Pressure from stakeholders have induced the  businesses to espouse sustainable practices that look beyond their economic and legal  requirements but also fulfil social obligations. However, due to their limited... Continue Reading
    Call Us
    whatsappWhatsApp Us