Corporate Social Responsibility (CSR): A Case of Give and Take

12 Pages Posted: 12 Nov 2018 Last revised: 15 Nov 2018

See all articles by Ogechi Okoro

Ogechi Okoro

Waikato Institute of Technology - Centre for Business, Information Technology and Enterprise

Adrian France

Waikato Institute of Technology - Centre for Business, Information Technology and Enterprise

Date Written: May 30, 2018

Abstract

Corporate social responsibility (CSR) has been part of society long before it was recognized as a subject. Arguably, CSR emanates from certain religious principles, which encourage the wealthy to give to the poor as a divine duty. Essentially, companies have started to customize CSR to reflect their business environment. Therefore, the maturation of CSR can be linked to a dynamic business environment, rights group, access to widespread access to information and communication technology (ICT), and globalization. The paper evaluates CSR from a comparative perspective by reflecting on the approaches of multinationals companies to the concept in different business environments. It further establishes a relationship between corporate philanthropy (CSR) and the business case by using data from a previous study. The paper provides insight on what motivates the CSR activities of companies in different societies. In the end, it walks a fine line on the extant CSR practices of international oil companies (IOCs) in the Niger Delta Region of Nigeria and business sustainability (business case). Finally, some action plans are recommended to make CSR independent of business case in less developed societies.

Keywords: CSR, Sustainability, NDR, & Business

Suggested Citation

Okoro, Ogechi and France, Adrian, Corporate Social Responsibility (CSR): A Case of Give and Take (May 30, 2018). OIDA International Journal of Sustainable Development, Vol. 11, No. 05, pp. 11-22, 2018, Available at SSRN: https://ssrn.com/abstract=3282693

Ogechi Okoro (Contact Author)

Waikato Institute of Technology - Centre for Business, Information Technology and Enterprise ( email )

Tristram Street, Private Bag 3036
Waikato Mail Centre
Hamilton, Waikato
New Zealand

Adrian France

Waikato Institute of Technology - Centre for Business, Information Technology and Enterprise ( email )

Tristram Street, Private Bag 3036
Waikato Mail Centre
Hamilton, Waikato
New Zealand

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