THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY ON THE PERFORMANCE OF ACCESS BANK PLC KADUNA

THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY ON
THE PERFORMANCE OF ACCESS BANK PLC KADUNA

 

 

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ABSTRACT

The Research work explore the subject of social responsibility, what necessitated social responsibility, business organizations prudent measures to meet up and its effect on Nigeria economy. To really address it the following objectives are formulated. To examine social responsibility between/among businesses, government agencies, stakeholders and the society at large. To examine the impact of social responsibility on the performance of business organizations. To find out new areas in which businesses can engage so as to strengthen its relationship among various stakeholders that make up the society. To find out how business organizations contribute to national development through charity donations in times of disaster, respect for governmental laws and policies, partnering with government financially in ensuring a healthy and vigorous economy. More so, it recommends that Corporate Affairs Commission (CAC) should include in the registration requirement and how they can monitor companies failure to carry out social responsibility accordingly.

 

 

TABLE OF CONTENTS

Title page –      –      –      –      –      –      –      –      –      i

Declaration       –      –      –      –      –      –      –      –      ii

Approval page   –      –      –      –      –      –      –      –      iii

Dedication-       –      –      –      –      –              –      –      iv

Acknowledgement-    –      –      –      –      –      –      –      v

Abstract   –      –      –      –      –      –      –      –      –      vii

CHAPTER ONE: INTRODUCTION

  • Background to the study –      –      –      –      –      1
  • Statement of the problem –      –      –      –      –      3
  • Objective of the study –      –      –      –      –      4
  • Significance of the study –      –      –      –      –      5
  • Research Question –      –      –      –      –      –      6
  • Scope of the study –      –      –      –      –      –      6
  • Limitation of the study –      –      –      –      –      7
  • Definition of terms –      –      –      –      –      –      8
  • Historical Background of the study –      –      –      10

CHAPTER TWO: LITERATURE REVIEW

2.1   Introduction      –      –      –      –      –      –      –      12

2.2   Social Responsibility and Decision Making  –      –      13

2.3   The Concept of Social Responsibility –        –      –      –      14

2.4   Forms of Social Responsibility – –      –      –      –      15

2.5   Arguments for Social Responsibility – –      –      –      19

2.6   Arguments Against Social Responsibility    –      –      21

2.7   Models of Social Responsibility – –      –      –      –      22

2.8   Evaluation of Social Responsibility –   –      –      –      24

 

CHAPTER THREE

RESEARCH METHODOLOGY

3.1   Introduction     –      –      –      –      –      –      –      26

3.2   Research Design      –      –      –      –      –      –      26

3.3   Area of the Study    –      –      –      –      –      –      27

3.4   Research Population –      –      –      –      –      –      27

3.5   Sample Size and Sampling Techniques    –      –      27

3.6   Instrumentation of Data Collection –        –      –      28

3.7   Validity of Instrument      –      –      –      –      –      28

3.8   Reliability of Instrument – –      –      –      –      28

3.9   Method of Data Collection –      –      –      –      29

3.10 Method of Data Analysis  –      –      –      –      –      29

CHAPTER FOUR:    DATA PRESENTATION AND ANALYSIS

4.1   Introduction –  –      –      –      –      –      –      –      31

4.2   Characteristics of Respondents        –      –      –      31

4.3   Data Presentation and Analysis –     –      –      –      35

4.4   Summary of Findings –     –      –      –      –      –      41

4.5   Discussion of Findings –   –      –      –      –      –      42

CHAPTER FIVE: SUMMARY OF FINDINGS, CONCLUSION RECOMMENDATION

5.1   Summary        –      –      –      –      –      –      –      47

5.2   Conclusion       –      –      –      –      –      –      –      48

5.3   Recommendation     –      –      –      –      –      –      48        Bibliography-   –      –      –      –      –      –      –      51

Appendices              –      –      –      –      –      –      52

 

 

 


CHAPTER ONE

   INTRODUCTION

  • BACKGROUND OF THE STUDY

Corporate social responsibility is one vital aspect of any business. However, this is one area where grievous mistakes have been made. Companies need to understand the subject its concept, theories as well as the benefits there of.

 

In today’s business environment, business organization are being expected to assume broader and more diverse responsibilities to the various groups within the society in Nigeria., various communities in which some major companies are operating have been demanding for one thing or the other especially in riverine area such as River state asking oil companies in conjunction with (NNPC) Nigeria National Petroleum Corporation to provide drinkable water, giving scholarship to their children, building hospitals, more schools and given them compensation due to the damage cause on their farmland.

 

Business firms not being socially responsible, infact lead youths of the communities to agitate for their right such is the case of the riverine areas. There is no doubt that there is an increasing amount of attention directed to social responsibilities in business firms.

 

Corporate social responsibility is the sense of obligation on the part of the organization to build certain social concern and criteria into their strategic decision making process. EVBOROKGHAI (2003).

Social responsibility by Andrews (1971) is the intelligent and objective concern for the welfare of the society that restrains individual and corporate behaviour from ultimately destructive activities, no matter how immediately profitable, and leads to the direction of positive contributions to human betterment, variously as the latter may be defined.

 

The concept implies that when companies evaluate decisions from an ethical perspective there should be a presumption in favour of adopting courses of action that enhance the welfare of society at large. The point stressed in these definition is that when making decisions, business men or organizations should consider the social interest of people in society. These among other reasons probe the researcher to embark on this research work.

 

 

1.2   STATEMENT OF THE PROBLEM

Access Bank Plc, is a very reputable organization whose services is a visible friend in almost every home in the society, but do not have a defined policy on social responsibility.

  1. Base on the above, many companies use the strategy of benchmarking to compete within their respective industries in corporate social responsibility policy, implementation and effectiveness.

Bench marking involves reviewing corporate social responsibility initiatives, as well

 

 

 

This article highlights various college of education, polytechnics, universities website in Nigeria.

 

Adeyemi College of Education, Ondo,

Alvan Ikoku College of Education, Owerri,

Alvan Ikoku College of Education, Owerri,

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College of Education, Akwanga, ., form and admissions list

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Adamu Augie College of Education, Argungu,

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Emmanuel Alyande College of Education, Oyo,

Enugu State College of Education (Tech.) Enugu,

College of Education, Ekiadolor,

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College of Education, Gindiri,

Michael Otedola College of Primary Education, Moforiji,

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College of Education, Minna,

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Oyo State College of Education, Oyo,

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College of Education, Warri,

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Private college of education in Nigeria

Angel Crown College of Education, Gidan-Daya, .

Elder Oyama Memorial College of Education, Ofat-Adun,

Assanusiyah College of Education, Odeomu,

African Thinkers Community of inquiry College of Education,

Best Legacy College of Education, Ikirun,

Bauchi Institute for Arabic and Islamic Studies, .

Calvin Foundation College of Education, Naka,

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Hill College of Education, Akwanga,

Institute of Ecumenical Education, Enugu,

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Muhyideen College of Education, Ilorin,  

ONIT College of Education, Abagana, .

The African Church College of Education, Lagos,

St. Augustine College of Education, Yaba,

Yewa Central College of Education, Ogun,

List of Federal Universities in Nigeria

Abubakar Tafawa Belewa University,

Ahmadu Bello University, Zaria,

Bayero University, Kano,

Federal University, Gashua,

Federal University of Tech, Akure,

Federal University of Petroleum Resources, Effurun,

Federal University of Technology, Minna,

Federal University of technology, Owerri,

Federal University Dutse,

Federal University Dutsin-Ma,

Federal University, Ndufu-Alike,

Federal University, Otuoke,

Federal University, Wukari,

Federal University, Birnin Kebbi,

Federal University, Gusau

Michael Okpara Univeristy of Agric, Umudike, .

Modibbo Adama University of Tech, Yola, .

National Open University of Nigeria,

Nigeria Police Academy Wudil, .

Nigeria defense Academy, Kaduna, .

Nnamdi Azikiwe University, Awka,

Obafemi Awolowo University, Ile-Ife, .

University of Abuja, Gwagwalada, .

University of Agriculture Abeokuta,

University of Agriculture Markurdi,

University of Benin,

University of Calabar,

University of Lagos,

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University of Nigeria Nsukka,

University of Port-Harcourt

University of Uyo, .

Usmanu Danfodiyo University,

List of State Universities in Nigeria admission list

Abia State University, Uturu,

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Adekunle Ajasin University, Akungba,

Amrose Alli University, Ikot Akpaden,

Anambra State University of Sc. & Tech, Uli,

Anambra State University of Sc. & Tech, Uli,

Bauchi State Unibversity, Gadau,

Benue State University Markurdi,

Bukar Abba Ibrahim University, Damaturu,

Cross River State University of Sc. & Tech, Calabar, .

Delta State University Abraka,

Ebonyi State University, Abakaliki,

Ekiti State University,

Enugu State University of Sc. & Tech. Enugu,

Gombe State University, Gombe

Ibrahim Badamasi Babangida University,

Ignatius Ajuru University of Education,

Imo state University,Owerri,

Jigawa State University,

Kaduna State University, Kaduna

Kano University of Sc. & Tech, Wudil

Kebbi State University, Kebbi,

Kogi State University, Anyigba,.

Kwara State University, Ilorin, .

Ladoke Akintola university of Tech,

Lagos State University Ojo,

Nasarawa State University, Keffi,

Niger Delta University, Yenagoe,

Olabisi Onabanjo University Ago-Iwoye,

Ondo State University of Sc. & Tech, Okitipupa,

Osun State University, Oshogbo,

Plateau State University, Bokkos,

Rivers State University of Sc. & Tech,

Tai Solarin University of Education, Ijebu-ode,

Taraba State University, Jalingo,

Umaru Musa Yar’Adua University,

Private Universities

Achievers University, Owo,

Adeleke University, Ede,

Afe Babalola University, Ado- Ekiti,

African University of Sc. & Tech, Abuja,

Al-hikmah University, Ilorin,

Ajayi Crowther University, Ibadan,

Al-Qalam University, Katsina,

American University of Nigeria, Yola, .

Babcock University, Ilishan,

Baze University,

Bells University of Technology, Otta,

Benson Idahosa University, Benin,

Bingham University, New Karu,

Bowen University, Iwo,

Caleb University, Lagos, .

Caritas University, Enugu,

CETEP City University, Lagos,

Covenant University, Ota,

Crawford University, Igbesa,

Crescent University,

Elizade University, Ilara-mokin, .

Fountain University, Oshogbo,

Gregory University, Uturu,

Hallmark University,

Igbinedion University, Okada

Joseph Ayo Babalola University,Ikeji,

Kwararafa University, Wukari,

Lead City University, Ibadan,

Madonna University, Okija

Mcpherson University, Seriki

Nigerian-Turkish Nile University, Abuja,

Novena University, Ogume,

Obong University, Obong Ntak, .

Oduduwa University, Ipetumodu,

Pan-African University, Lagos,

Paul University, Awka,

Redeemer’s University, Mowe,

Renaissance University, Enugu,

Salem University, Lokoja,]

Tansian University, Umunya, .

University of Mkar

Veritas University, .

Wellspring University, Edo, .

Wesley University of Sc. & Tech, Ondo,

Western Delta University, Oghara

List of all the Federal Polytechnics in Nigeria

    Air Force Institute of Technology Nigerian Air Force,

    Air Force Institute of Technology Nigerian Air Force,

    Akanu Ibiam Federal Polytechnic, Unwana,

Nigeria Army School of Military Engineering,

     Auchi Polytechnic .

     Auchi Polytechnic .

    Federal Polytechnic, Ado-Ekiti

Federal Polytechnic, Ado-Ekiti .

Federal Polytechnic, Bauchi, .

    Federal Polytechnic, Bida,

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   Federal Polytechnic, Damaturu,

     Federal Polytechnic, Ede, Osun State,

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   Federal Polytechnic, Ida, .

  Federal Polytechnic, Ilaro,

     Federal Polytechnic, Ile-Oluji, Ondo State,

    Federal Polytechnic, Mubi,

   Federal Polytechnic, Namoda,

   Federal Polytechnic, Nassarawa,

  Federal Polytechnic, Nekede,

    Federal Polytechnic, Nekede,

Federal Polytechnic, Offa,

 Federal Polytechnic, Offa,

 Federal Polytechnic, Oko,

Federal School of Dental Technology and Therapy,

Kaduna Polytechnic, Kaduna,

Hussaini Adamu Federal Polytechnic,

Nigeria Army School of Military Engineering,

Federal College of Animal Health and Production Technology

Waziri Umaru Federal Polytechnic Birnin Kebbi,

Yaba College of Tech,

List of State Polytechnics in Nigeria

 Abraham Adesanya Polytechnic, Ijebu-Igbo,

Abia State Polytechnic, .

Adamawa State Polytechnic,

Akwa-Ibom State Polytechnic, Ikot-Osurua,

Benue State Poly, Ugbokolo,

Gateway Polytechnic, Igbesa,

Rufus Giwa Polytechnic,

Rufus Giwa Polytechnic,

The Polytechnic, Ibadan, .

Institute of Mgt. and Tech,

Imo State Polytechnic, Umuagwo

Kano State Polytechnic,

Kogi State Polytechnic, Lokoja,

Kwara State Polytechnic, Ilorin,

Lagos State Poly, Ikorodu,

Moshood Abiola Poly,

Nasarawa State Polytechnic

Nuhu Bamalli Polytechnic,

Delta State Polytechnic, Ogwashi-Uku,

Osun State Poly, Iree,

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Osun State College of Tech, Esa-Oke,

Delta State Polytechnic, Ozoro,

Plateau State Polytechnic, Barkin-Ladi,

Adamawa State Poly,

Rivers State College of Arts and Science,

Rivers State College of Arts and Science

Rivers State Polytechnic,

Gateway Polytechnic Saapade

Edo State Inst. of Tech and Mgt, Usen,

Niger State Poly, Zungeru, Niger State,

List of Private Polytechnics in Nigeria

Allover Central Polytechnic,

Crown Polytechnics,

Covenant Polytechnic,

Dorben Polytechnic, Bwari-Garam Road,

Fidei Polytechnic, Gboko,

Grace Polytechnic,

Grace Polytechnic,

Igbajo Polytechnic,

The Polytechnic, Ile-Ife, NITEL Road

Lagos City Poly, Ikeja, Lagos State,

Light House Polytechnic, Eubuobanosa,

Interlink Polytechnic,

Kings Polytechnic, Ubiaja,

RONIK Polytechnic,

Shaka Polytechnic, Polytechnic, Benin city,

Temple-Gate Polytechnic,

Wolex Polytechnic

Prime Polytechnic

The Polytechnic Imesi-Ile, Osun

Heritage Polytechnic, Ikot Udota

Ibadan City Polytechnic

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