Corporate Social Responsibilities : Comparing Nigeria with England

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ACKNOWLEDGEMENT

I would take this opportunity to thank my research supervisor, family and friends for their support and guidance without which this research would not have been possible.

DECLARATION

I, [type your full first names and surname here], declare that the contents of this dissertation/thesis represent my own unaided work, and that the dissertation/thesis has not previously been submitted for academic examination towards any qualification. Furthermore, it represents my own opinions and not necessarily those of the University.

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ABSTRACT

Corporate social responsibility (CSR) is also known as corporate responsibility and corporate citizenship, responsible action, responsible action constant (SRB), or the performance of social institutions. It is a form of the report of the companies and organizations have been incorporated into the business model. Ideally, the policy of corporate social responsibility is a compact, self-regulation and the mechanism by which the work would monitor and ensure their commitment to the law and ethical standards and international rules.

TABLE OF CONTENTS

ACKNOWLEDGEMENTII

DECLARATIONIII

ABSTRACTIV

CHAPTER 1: INTRODUCTION1

Background of the Study1

Research Aims and Objectives2

Research questions2

CHAPTER 2: LITERATURE REVIEW4

Corporate Social Responsibility4

The Best Definition of Corporate Social Responsibility5

Understanding the CSR Phenomenon5

Applying CSR through Integration of Theory and Definition7

Corporate Social Responsibility and Nature of Business8

Importance of CSR for Organizations and Society9

CSR Types and Benefits11

Corporate Social Responsiveness14

CSR Actions versus Corporate Social Responsiveness15

Organizational Culture and Corporate Social Responsiveness16

CSR Actions and Performance18

Corporate Social Responsibility in Nigeria19

Corporate Social Responsibility in England20

Summary22

CHAPTER 3: METHODOLOGY24

Research Design25

Secondary Research Methods26

Qualitative Research Method27

Literature Search31

Reliability and Validity31

Ethical Concerns32

CHAPTER 4: DISCUSSION35

Case Study of Nigeria35

Case Study of UK37

CHAPTER 5: CONCLUSION39

Recommendations42

REFERENCES44

CHAPTER 1: INTRODUCTION

Background of the Study

Corporate Social Responsibility (CSR) is the combination of corporate legal obligations and moral obligations, which include formal institutional arrangements and informal institutional arrangements of the entity. Moral obligation is not statutory, but voluntary compliance by the obligor other than coercion as the performance of its security obligations. In another word, the obligor is under what is known as “soft constraints”. The legal obligation is statutory and mandatory masterpiece for the performance of the state's obligation to guarantee the reality and potential to the obligor, known as “hard constraint”, is to maintain basic social order and the minimum necessary for the moral law(Gueterbock, 2004, pp). Taken at face value, when a company establishes a CSR policy, it is simply making a social contract with its stakeholders, however they are defined.

Typically, a CSR policy will restate the company's commitment to abide by accepted corporate governance practices, ethical standards, and the laws governing the places where it operates. It may include statements on community involvement, and investment and intentions regarding corporate philanthropy and employee volunteering. It may also establish the accountability, transparency, and reporting standards to which it will adhere. Frequently, a CSR policy will voice support for human rights and respect for diverse cultures and disadvantaged people.

Companies frequently have other motives for investing in a CSR policy. The action is often taken primarily in response to concerns of existing stakeholders. But even in the absence of these, businesses often see the move as a way to ...