Corporate Social Responsibility and Organizational Performance in Nigeria

Abstract

Attaining organizational goals and maximum organization performance andeffectiveness requires giving complete attention to corporate socialresponsibility (CSR). The location of a business, the society in which it thrives,is crucial in determining its corporate culture, internal structure, processes andorganisational behaviour as well as its overall performance. This paper examinescorporate social responsibility and organizational performance in Nigeria. Thestudy’s aim is to determine the effect of environmental issues, cost of doingbusiness, competitive advantage, and corporate social responsibility onorganizational performance. Relevant conceptual, theoretical and empiricalliterature were examined. Resource-Based View and Kohlberg's Model ofCognitive Moral Development were employed as the theoretical framework.This paper is a qualitative research that relied so much on documentary method.The study found out that environmental issue has a significant effect on anorganization’s performance, and that social initiatives and competitiveadvantage have significant effects on organizational performance. The studyrecommends that government should put in place policies that will create a goodbusiness environment for firms operating in the country and that organizationsshould be socially responsible in order to strengthen their legitimacy,competitive advantage, and realize their long-term goals.