EFFECT OF COPORATE SOCIAL RESPONSIBILITY ON ORGANIZATIONAL PERFORMANCE
Abstract
ABSTRACT
The study explored the impact of corporate social responsibility (CSR) on
organizational performance within Globacom, a telecommunications company. The
specific objectives were to determine the relationship between CSR and the profit
margin of the organization, as well as examine the relationship between CSR and the
capital employed by the organization. The research utilized a descriptive design, with
the study population comprising employees of Globacom's Ogun state operations. A
sample size of 82 was selected through simple random sampling. Regression analysis
was employed to examine the collected data. The findings revealed a significant
positive correlation between CSR and both the profit margin and capital employed by
the organization. This suggests that the implementation of effective CSR strategies
can yield tangible financial benefits, not only from an ethical and social responsibility
standpoint, but also in terms of enhancing the company's bottom line and capital base.
The study concludes that the adoption of robust CSR initiatives can contribute to
strengthening the long-term viability and competitive position of the organization in
the market. It is recommended that Globacom invest in training and capacity-building
programs to foster a deeper understanding of CSR principles among its employees,
enabling the effective integration of CSR into the company's daily operations
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