Stakeholder Approach To Corporate Social Responsibility: A Recipe For Sustainable Development
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Date
2016
Journal Title
Journal ISSN
Volume Title
Publisher
AI-Hikmah Management Review AMR
Abstract
This study investigated the relationship between adoption of Corporate Social Responsibility (CSR)
programmes and sustainable development with particular emphasis on MTN, Nigeria.
Questionnaire administration technique via a structured questionnaire was used to source for data
and information from stakeholders. Pearson Product Moment Correlation Coefficient and Pearson Chi
Square analysis was used to analyze the data with the aid of Stat a II. 0 statistical software package.
The study concludes that the adoption of CSR programs such as skill acquisition, youth
empowerment, support for economic, education, and. health development etc indeed has a significant
relationship on development of the society. It is recommended that government has a role to play in
promoting CSR through creating legislative and regulatory framework that would encourage
companies to balance social, environmental and economic concerns given the already intense
pressure brought by stakeholders globally on utilization of resources in line with the principles of
sustainable development that underpins the concept of CSR.