Effect of Corporate Social Responsibility on Organization Survival

Effect of Corporate Social Responsibility on Organization Survival

Project / Seminar Material
Reference ID: PS-14877-TM

DEDICATION

This research material titled “Effect of Corporate Social Responsibility on Organization Survival” is dedicated to God for his enabling grace, and to all computer enthusiasts who contributed to make life a pleasant experience during my research documentation.

ACKNOWLEDGEMENT

I extend my sincere gratitude to all those who contributed to the completion of this project. Special thanks to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Business Administration and Management (BAM), Book Authors and Profound Scholars of existing or related project material on “Effect of Corporate Social Responsibility on Organization Survival” for their invaluable guidance, support, and expertise throughout the journey.

I am also grateful to your study area (mention any funding organizations, if applicable) for their financial assistance. This research would not have been possible without the encouragement and assistance of some stakeholders (mention any mentors, teachers, or colleagues). Additionally, I would like to acknowledge the understanding and patience of my family and friends during this endeavor. Your unwavering support has been a constant source of motivation. Thank you all for being part of this meaningful endeavor.

TABLE OF CONTENTS

PRELIMINARY PAGES


CHAPTER ONE

INTRODUCTION


    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • 2.4 Empirical Studies

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”

    ABSTRACT

    The topic of this research work is “the Effect of Corporate Social Responsibility on Organization Survival”, a case study of Prudent Energy Oghareki. Research design was a descriptive survey, 66 respondents was sampled, chi-square was used to analyze the data. The findings is that there is no significant relationship between community satisfaction and the company’s social responsibility programmes. It is recommended that Prudent Energy should engage only in necessary Corporate Social Responsibility such as buildings, provision of water, health care programmes, etc.


    Effect of Corporate Social Responsibility on Organization Survival

    CHAPTER ONE


    Introduction

    1.1 Background Of The Study

    Corporate Social Responsibility is the responsibility of an organization for the impact of it decisions and activities on society and environment through transparent and ethical behavior. Corporate Social Responsibility focus on what an organization does that affect the society in which it exist. Main Munah (2007) state that Corporate Social Responsibility (CSR): refers to strategies cooperation or firms conduct their business in a way that is ethically, society friendly and beneficial to community in terms of environment. Corporate Social Responsibility of an organization of an organizations survival has been a subject of study and debate both in academics and business sector respectively. As the society have goals so are firms dwelling in it. It is therefore born out of logical assumption because the firm is a creation of society. It has a responsibility in the accomplishment of the society. The better the accomplishment of these goals the longer such firm will survive in the society. The tides of social responsibility presuppose that industries have not only economic and legal obligations but also certain responsibility that extend to society and beyond. Social responsibility simply means the obligation of decision makers in a cooperation to take actions with project and improve the welfare of the society along with their own interest.

    The cooperation being talked about here includes public and private owned enterprises. However many firms and cooperation in Nigeria are concern with only making profit and maximizing profit. They forget that firm needs the understanding and support of society which constitute their customers for survival, this therefore presupposes that for an organization to remain in operation it should embark on activities that will improve or bring about development for the society thereby improving its public image. The activities being talked about here include but not limited to provision of jobs, paying taxes, contributing to community cleaning and preserving the ecological purity of the area. The present study uses Prudent Energy Ogharaki, Delta state Nigeria as case study to determine the extent of corporate social responsive image which the company has created in the minds of the people if any and to find out if the responsive image created has in any way contributed to the survival of the firm throughout the years of stay in the locality.


    1.2 Statement Of Problem

    Evidence about relationship between Corporate Social Responsibility and organization survival is normal. In spite of the existing of some literature about the role of Corporate Social Responsibility in the aspect of environment and society, there is a significant gap about how Corporate Social Responsibility contribute to the survival of an organization. Due to lack of documented evidence of the effect, hence, the researchers interest was to find out and document the effect of Corporate Social Responsibility on the survival of Prudent Energy Oghareki, Delta state Nigeria.


    1.3 Objective Of The Study

    The general objective of this study is to identify and examine the effect of Corporate Social Responsibility on the survival of Prudent Energy Oghareki.

    The study also have the following specific objectives.

    1. To state the benefit derived by staffs and host community for social responsibility project.
    2. To state and analyze if any of the community development projects provided by the organization.
    3. Identify the reason for prudent energy’s involvement in social responsibility.
    4. To recommend to the organization management important options required for the satisfactory implementation of social commitment to relationship between the firm and community.

    1.4 Research Questions

    1. Do Prudent Energy Oghareki identify the need of the community before applying for social responsibility?
    2. Do individuals in the host community benefit positively from prudent energy?
    3. Does the social responsibility of prudent energy contribute to its survival in the community?
    4. Has social responsibility of prudent energy to the community increased their productivity and safety?

    1.5 Research Hypothesis

    Since the study is based on the effect of Corporate Social Responsibility on organization survival, research hypothesis is applied and questionnaires are design to test the test the hypothesis.

    Hypothesis One
    • Ho: There is no significant relationship between corporate social relationship and organization survival.
    • H1: There is a significant relationship between corporate social relationship and organization survival.
    Hypothesis Two
    • Ho: There is no significant relationship between community satisfaction and the company’s social responsibility programmes.
    • H1: There is a significant relationship between community satisfaction and the company’s social responsibility programmes.

    1.6 Significance Of Study

    The study is significant in a number of ways. It brings to limelight the significance of Corporate Social Responsibility on the survival of an organization. Further, the research is of great value to Prudent Energy Oghareki on the bases upon which the embark on project deployment and how those project contribute to their continual survival. The study also contribute to the growing body of knowledge, in the area of Corporate Social Responsibility and it is our hope that researchers who wish to carry out further investigation in area of scholarship use this as a point of reference.


    1.7 Scope Of The Study

    This study focuses only on Corporate Social Responsibility from a global perspective, looking at its objective and effects on organizational survival. Out of the many firms that exist in the locality, Prudent Energy Oghareki was selected as a case study in this research.


    1.8 Definition Of Terms

    The following terms are defined as used in the study.

    1. Corporate Social Responsibility:

    This is what an organization does to influence the society in which it exist, such as through voluntary assistance programs.

    2. Charity principles:

    The doctrines of social responsibility requiring fortunate individuals to assist the less fortunate members of the community.

    3. Organizational survival:

    Successful organizations are those that are capable of achieving their goals and objectives overtime. Organization survival therefore means the continual improvement on organizational performance and survival.

    CHAPTER TWO

    2.0 Literature Review

    2.1 Introduction

    This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the …

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