CORPORATE SOCIAL RESPONSIBILITY AND THE PERFOR:NIANCE OF SMAll AND MEDIUM SCALE ENTERPRISES (SMES) IN LAGOS STATE.NIGERIA.
No Thumbnail Available
Oghojafor, B. E. A.
Sulaimon, A. A.
Corporate Social Responsibility (CSR) has become the rhetoric of every Business,'it Enterprises, without exceptions to 'Small and Medium Scale Enterprises (SME). This study,~; examines the relationship between Corporate Social Responsibility and Organisational ::ltt,': Performance of SMEs in Lagos State, Nigeria. Data were generated by means of '~ questionnaires to 261 operators of SMEs on CSR and Performance Variables. Responses ,(~: from the survey Were statistically analysed using descriptive statistics, Pearson productt moment correlati~'n, Z test, F-Test and multiple regression. Results show a statistical ',~ significant relatio ship among variables. Specifically, it indicates that CSR is relevant and,'~ practiced by parti ipating SMEs in Lagos State, particularly in business ethics, consumerJ affairs, and environmental affairs; consistent with recent survey in Europe where research on /: SMEs found that tfey tend to be active in CSR. The findings also revealed low involvement' 'f:': ofpa~icipating firms in employee affai~s and. comml,mit~ affairs. T?e study also .showed that:1 organisational perfprmance of SMEs 1S satisfactory with exception of financial strengt~~,\ profitability and pe~ormance stability which was .below the mini~um thre~hold, although di,d:~ not preclude a comr~etely low performance. The importance of this study include the need to·~ encourage SMEs t invest more in CSR, particularly on employee and the community within ~ which ~he~ operate1 Finally, conclus~on> recommendations and suggestion for further studiesI were highlighted to demonstrate the Importance of the study.
To access the full text of this article, kindly contact the University Librarian- Dr. Olukemi Fadehan via the administrators: Dr. Yetunde Zaid (email@example.com) or Dr. Christopher Okiki (firstname.lastname@example.org) of the University of Lagos Library.
Corporate social responsibility, , Small and medium scale enterprises , Performance
Oghojafor, B. E. A., Kuye, O.L. & Sulaimon, A. A. (2009), CORPORATE SOCIAL RESPONSIBILITY AND THE PERFOR:NIANCE OF SMAll AND MEDIUM SCALE ENTERPRISES (SMES) IN LAGOS STATE.NIGERIA.. AFRICAN JOURNAL OF CONTEMPORARY ISSUES, vol.9 (3).