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Corporate Social Responsibility and the Legal Regulation in Nigeria

Mordi , Chima and Opeyemi, Iroye Samuel and Tonbara, Mordi and Ojo , Ibiyinka Stella (2012) Corporate Social Responsibility and the Legal Regulation in Nigeria. Economic Insights – Trends and Challenges, LXIV (1). pp. 1-8.

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Abstract

This study examines corporate social responsibility (CSR) in Nigeria in the light of legal regulations, case laws and governmental policies. It will examine the existing role that the Nigerian law plays for the sustenance of the practise of CSR among its companies. A review of the literature on CSR reveals a dearth of knowledge on CSR policies and practices in Nigerian organisations. The study identifies how Nigeria views CSR, the growing importance of the CSR and the sources of CSR in Nigeria. The study also examines the range and scope CSR provided for by the laws and the emerging patterns of CSR in organisations operating in Nigeria. Lastly the article explores what are the forces driving or constraining or helping to shape the forms of CSR practices and policies. The findings reveal that there is diversity in terms of how CSR is understood and experienced in Nigeria. In addition, the study shows that environmental institutions affect how CSR is appreciated and utilised. The article suggests some policy implications in the form of support for CSR policies in this context.

Item Type: Article
Uncontrolled Keywords: corporate social responsibility, laws and legislation, company laws
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Law, Arts and Social Sciences > School of Management
Depositing User: Mrs Hannah Akinwumi
Date Deposited: 27 Mar 2015 13:01
Last Modified: 27 Mar 2015 13:01
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/4356

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