Corporate Social Responsibility (CSR) in Nigeria: western mimicry ...
Corporate Social Responsibility (CSR) in Nigeria: western mimicry ...
Corporate Social Responsibility (CSR) in Nigeria: western mimicry ...
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In terms of <strong>CSR</strong> waves, the <strong>in</strong>terviews and web report<strong>in</strong>g both show7.7 Awarenesswithsignificantaction HighPage26of44<strong>CSR</strong> <strong>in</strong> <strong>Nigeria</strong>: Waves, Issues and ModesAll the <strong>in</strong>terviewees acknowledged that <strong>Nigeria</strong>n firms are engaged <strong>in</strong>one <strong>CSR</strong> activity or the other. However, In l<strong>in</strong>e with this philanthropicand altruistic understand<strong>in</strong>g of <strong>CSR</strong> 85 percent of the respondents saidthat there is an awareness of <strong>CSR</strong> <strong>in</strong> <strong>Nigeria</strong> but without significantactions, while 7.7 percent either claimed there is almost no awarenessof <strong>CSR</strong> or there is high awareness with significant actions, respectivelyas shown <strong>in</strong> the table below:that the emphasis is more on community <strong>in</strong>volvement, less on sociallyTable2Characteristicoflevel % Low Almostnoawareness 7.7 LevelofAwarenessAwarenesswithoutsignificantaction 85responsible employee relations and almost none existent <strong>in</strong> relation toMediumsocially responsible products and processes. Only a bank reported ofits social responsible <strong>in</strong>vestment product – ethical funds. The top fiveissues reported on the community <strong>in</strong>volvement wave from the<strong>in</strong>terviews are as shown below: