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Stakeholders' perceptions about corporate social responsibility: Implications for poverty alleviation

✍ Scribed by John O. Okpara; Pamela M. Wynn


Publisher
John Wiley and Sons
Year
2011
Tongue
English
Weight
211 KB
Volume
54
Category
Article
ISSN
1096-4762

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✦ Synopsis


Abstract

There has been a growing interest in the management literature in investigating the perceptions of stakeholders toward corporate social responsibility (CSR). Studies have shown that an assessment of stakeholders' perceptions toward CSR may influence top management's decision to respond in an encouraging manner to CSR initiatives. Several studies have been conducted in CSR. However, these studies have been primarily conducted in the West. Very little research on CSR has been done in Nigeria. The purpose of this research is to examine stakeholders' perceptions on CSR in Nigeria. Results show that there is a universal understanding of the concept of CSR in Nigeria. Respondents were able to identify that CSR consists of a range of responsibilities covering economic, legal, ethical, and philanthropic characteristics. They were also able to recognize the different items listed in the questionnaire as factors that would make a corporation socially responsible. © 2012 Wiley Periodicals, Inc.