• Corporate Social Responsibility And Social Economic Development Using Banking And Telecommunication Industries

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    • 1.4       AIM AND OBJECTIVES OF THE STUDY
      The aim of this study has been to evaluate some of the opportunities and limitation for Corporate Social Responsibility (CSR) to improve the socio-economic development of Lagos Society with examples of banking and telecommunication industries
      The main objective of this study has been to compare statements and codes of conducts of companies (MTN and GTBank) involved with the findings of a worker interview study. In doing this, the study evaluates which factors of corporate responsibility that translates into perceived social or economic development and to which degree are they implemented. The specific objectives of the study are to:
      i.                    Ascertain the degree at which CSR commitments is successfully enacted in practice
      ii.                  Determine if CRS is perceived as a meaningful tool for social and economic development.
      iii.                To identify the opportunities and limitations of CRS.
      iv.                Examine the factors responsible for the adoption of corporate social responsibility.
      1.5       RESEARCH HYPOTHESES
      In pursuit of the objective of identifying the effectiveness and workability of corporate social responsibility, the following hypotheses have been formulated, which intend to test in the course of this study:
      Ho: CSR commitments are not successfully enacted in practice.
      Hi: CSR commitments successfully enacted in practice
      Ho: CSR is not perceived as a meaningful tool for social and economic development.
      Hi: CSR is perceived as a meaningful tool for social and economic development
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    • ABSRACT - [ Total Page(s): 1 ]In the Nigerian society, Corporate Social Responsibilities [CSR] has been a highly cotemporary and contextual issue to all stakeholders including the government, the corporate organization itself, and the general public. The public contended that the payment of taxes and the fulfillment of other civic rights are enough grounds to have the liberty to take back from the society in terms of CSR undertaken by other stakeholders. Some ten year ago, what characterized the Nigerian society was fragrant ... Continue reading---