BACKGROUND
TO THE STUDY
The issue of Corporate
Social responsibility (CSR) and sustainable development have attracted
worldwide attention, especially in the media and in academia. A modern business
organizations expectation is beyond making and maximizing profit towards being
socially responsible to the society. Since business organizations do not exist
in isolation but exist within a society, therefore business organizations need
to contribute positively to the development of society in which they operate. Building and Construction sector occupies important key position in the
economy of the nation.
Nigerian building and construction sector efforts on
social responsibility have produced multiplier effects on the sustainable
development. These social responsibilities costs them some expenses which have
effects on their financial performance. Many empirical studies have been
carried out in order to examine the effect of corporate social responsibility
on profitability of business organisation, especially in developed countries.
Why little studies were carried out in developing countries, Nigeria inclusive.
It is against this background that this proposed research study tries to
examine the impact of corporate social responsibility on business organization,
and determine whether or not there is a significant relationship between
corporate social responsibility and profitability.
STATEMENT OF THE PROBLEM
Like
many of management and social science concepts, Corporate Social Responsibility
(CSR) is fraught with definitional problems, which makes it difficult for a
uniform platform to asses firm’s responsibilities to it. Musa (2008:540)
conceives a firm as nothing other than an instrument to achieving economic
efficiency, cost reduction, and thus wealth maximization, which is the view of
the classical economists.
Since
a lot of companies see Corporate Social Responsibility as a financial burden,
this proposed study will investigate the benefits accruable from the adoption
Corporate Social Responsibility strategy by companies using Julius Berger PLC, Abuja
as a case study. The basic questions had been what relationship exists between
corporate social responsibility and organization performance? In which key
areas of operations should the organization formulate Corporate Social
Responsibility? What specific ways has the organization adopted in integrating
the Corporate Social Responsibility with its operations? And how can the
Corporate Social Responsibility improved upon in other to improve the
organization’s performance?
OBJECTIVES OF THE STUDY
The broad objective of
this study is to evaluate the impact of Corporate Social Responsibility on
business Organizational using Julius Berger PLC, Abuja as a case study and
using it to draw a relationship between Corporate Social Responsibility and the
growth and development of companies. Derived from the above broad objective are
the following specific objectives:
1.
To
identify the relationship between Corporate Social Responsibility and
organizational performance.
2.
To
identify the key areas in which Julius Berger PLC formulate their Corporate
Social Responsibility strategy.
3.
To
examine the specific ways that Julius Berger PLC has adopted in integrating the
Corporate Social Responsibility strategy with the organizations operations.
4.
To
identify how the Corporate Social Responsibility strategy can be improve upon
in order to improve organizational performance.
SIGNIFICANCE OF THE STUDY
Corporate social
responsibility is a fundamental issue that needs to be addressed in order to
ensure any organizations long term success. This study will be of immense
benefit to students, privately owned businesses and public corporations.
Specifically, this
study will be of great significance to directors, managers and executive
officers in all business organizations. The study will also be beneficial to
government agencies, students and research fellows.
For directors, mangers
and executive officers in business organizations, the study will help them to
discover the true essence of Corporate Social Responsibility, its working
principles and how it can be used to enhance organizational performance both on
short and long tern basis. The study will help them determine how to work in
harmony and to operate their businesses within ethical standards. For
government agencies, the study will help them apply the existing policies
relating to Corporate Social Responsibility and organizational activities,
thereby, determining areas requiring improvement.
Finally, students, including research
fellows will find the study very beneficial in the area of future studies and
referral reports.
RESEARCH
QUESTIONS
The overall objectives
of every organization are survival, growth, profit, economic contribution and
social obligation. It is a known fact that organizations in Nigeria usually lay
more emphasis on profit maximization. Thus, the objective of this research work
includes the following:
i.
To appraise the general attitude of organizations
towards corporate social responsibility.
ii.
To examine the consequences on their
image for ignoring its corporate social responsibilities.
iii.
To evaluate the problems which hinder
them from performance their corporate social responsibility.
iv.
To
recommend possible solutions for the identified problems.
STATEMENT OF HYPOTHESES
Based on the research
questions already mentioned, the following Hypotheses were formulated:
There
are two types of hypothesis, the Null hypothesis H0 that takes the
negative form and the Directional or Alternative hypothesis H1 that
takes the positive form.
Ho: Corporate social responsibility has no
significant impact on the organization’.
Hi: Corporate social responsibility has
significant impact on the organization
SCOPE OF STUDY
The
research study is to investigate the impacts of Corporate Social Responsibility
on organization’s image. However, to
cover the entire private or public service in Nigeria will be cumbersome. Thus, the researchers selected Julius Berger
Plc, Abuja, which the researcher could conveniently cover as a case study. Because of resource constraints, Julius Berger
Plc, Abuja, was studied and on this organization that the data will relate. All the departments and cadres of employees
were covered in the study to examine the impact of Corporate Social
Responsibility on Organization.
LITERATURE REVIEW
Corporate Social Responsibility (CSR) as a concept
has no consensus definition. Various writers defined it based on their
background, interest, exposure, as well as values embodied in the writer’s
frame of reference. Corporate social or corporate social performance are duties
perform by organizations to the society in which they are operate, such as
protection of the environment, provision of social amenities, health and
safety, and so on. The World Business Council for Sustainable Development
(2001) defined CSR as “the commitment of business to orking with employees,
their families and the local communities. Jamali and Mirshak (2006) explained
that CSR represents a concern with the needs and goals of society which goes
beyond the merely economic. The European whereby Union a (200 company
integrates social and environmental concerns in their business operations and
in their interaction with their stakeholders on a voluntary basis as they are
increasingly aware that responsible behaviour leads to sustainable business
success.
The
corporate social responsibility means: -Organization responding positively to
emerging societal priorities and expectations. -Conducting business in an
ethical way and in the interests of the external environment. -Balancing the shareholders’
with the interests of other stakeholders inter the society. The idea of CSR
implies how organization can manages its business process to produce an overall
positive impact on society. It also means how organization behave ethically and
contribute to economic development of society by improving the quality of life
of the local community and society at large. The CSR are set of standards that
company subscribes to in order to make positive impact on society. It also
means how organization behave ethically and contribute to economic development
of society by improving the quality of life of the local community and society
at large.
RESEARCH METHODOLOGY
This
section describes the research design area of the research work intended to be
carried out, population of the study, sample and sampling procedure /
technique, instrument for data collection, method of data collection and method
of data analysis. This proposed research will be carried out predominately on
Julius Berger Plc, Abuja and it is on
this organization that the data will
relate.
The type of research design that
will be used in this proposed research work is descriptive survey. This
descriptive survey will be used on the study “Impact of Corporate Social
Responsibility on Organization ( A case study of Julius Berger Plc, Abuja). The instrument for data collection will be
interview and questionnaire as well as contributions from various writers.
SAMPLE
AND SAMPLING PROCEDURE TECHNIQUE
In
determining the sample size, selected persons will be administered with
questionnaires and interview will be done by simple random sampling without
replacement.
To
get the opinion of the cross section of persons, the researcher intends to
divide the population into various segments.
METHOD
OF DATA COLLECTION
The
researcher will take cognizance of the descriptive nature of the proposed
research work and will apply it for the completion of the project. The main
methods of data collection that will be considered will be primary and
secondary data.
METHOD
OF DATA ANALYSIS
The
method of data presentation which will be used by the researcher is the tabular
method and percentages. The tabular method involves the systematic arrangement
of facts and figures in series of boxes made up of rows and columns.
The
percentage will show relative values of responses in percentages and the
researcher intends to use Chi-square (X2)
formula in testing the validity of the hypotheses.
INSTRUMENT
FOR THE DATA COLLECTION
The
collection of data is the most crucial operation in the execution of a research
because such data are necessary for arriving at the solution of the problem to
be investigated. The instrument for data collection will be interview and
questionnaire as well as contributions from various writers.
SUMMARY AND CONCLUSION
Based
on the above, when the proposed research study is concluded, the researcher
will be able to summarize the findings, make recommendation, proffer solution where necessary and make suggestions for further studies etc.
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Responsibility (CSR) in
Nigeria:
Western Mimicry or
Indigenous Practices?”
International
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(2009). “The Emergence of Corporate Social
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