Corporate Social Responsibility By Small And Medium Scale Enterprises And Infrastructural Development

Project and Seminar Material for Business Administration and Management BAM

Corporate Social Responsibility By Small And Medium Scale Enterprises And Infrastructural Development


Abstract


This study was carried out on corporate social responsibility by small and medium scale enterprises and infrastructural development. The survey design was adopted and the simple random sampling techniques were employed in this study. The population size comprises the hotel industries in Eket Local Government Area, Akwa Ibom State. In determining the sample size, the researcher conveniently selected 41respondents while 38 were received and 35 were validated. Self-constructed and validated questionnaire was used for data collection. The collected and validated questionnaires were analyzed using frequency tables and mean scores. The result of the findings reveals that the extent to which SMEs in Eket Local Government Area, engage in corporate social responsibility is low. The corporate social responsibility of the small and medium scale enterprises in Eket Local Government Area includes: getting involved in volunteer work, engaging in charity work, sponsor a local event, volunteer in local schools or community projects, amnesty, bursary. The findings also revealed that there is significance relationship between the corporate social responsibility and the achievement of small and medium scale business. And SMEs in Eket Local Government Area has contributed towards infrastructure development through their participation in corporate social responsibility. The study recommends that SMEs not minding their size needs to be involved with CSR within their locality. The sphere of operations of CSR will vary from one SME to another. But each has a benefit for the society and for the SME. CSR is an inevitable activity not minding the criticisms, as firms owe that obligation towards satisfying the company and societal needs, as this will have a corresponding effect on the profitability and increment in the customer base of the SME. SMEs will now be seen as socially responsible and contributing to the well being of their local customers.


Table of Content


Chapter One:

Introduction

  • 1.1 Background of the Study
  • 1.2 Statement of the Problem
  • 1.3 Objective of the Study
  • 1.4 Research Questions
  • 1.5 Research Hypothesis
  • 1.6 Significance of the Study
  • 1.7 Scope of the Study
  • 1.8 Limitation of the Study
  • 1.9 Definition of Terms
  • 1.10 Organizations of the Study

Chapter Two:

Review of Literature

  • 2.1 Conceptual Framework
  • 2.2 Theoretical Framework
  • 2.3 Empirical Review

Chapter Three:

Research Methodology

  • 3.1 Research Design
  • 3.2 Population of the Study
  • 3.3 Sample Size Determination
  • 3.4 Sample Size Selection Technique and Procedure
  • 3.5 Research Instrument and Administration
  • 3.6 Method of Data Collection
  • 3.7 Method of Data Analysis
  • 3.8 Validity of the Study
  • 3.9 Reliability of the Study
  • 3.10 Ethical Consideration

Chapter Four:

Data Presentation and Analysis

  • 4.1 Data Presentation
  • 4.2 Analysis of Data
  • 4.3 Answering Research Questions
  • 4.4 Test of Hypotheses

Chapter Five:

Summary, Conclusion and Recommendation

  • 5.1 Summary
  • 5.2 Conclusion
  • 5.3 Recommendation
  • References
  • APPENDIX
  • QUESTIONNAIRE

Chapter One


Introduction

1.1 Background of the Study

Corporate social responsibility is the promise by business organization to behave in a way that is ethically acceptable and at the same time contributing to the economic development and improvement of the living condition of the employee, that the catchment community and the larger society. It is the set of conditions to which a company relates of corporate social responsibility are its potentials to bring about sustainable development or infrastructure and contribution to poverty reduction in any given society.

Corporate social responsibility is the contributions of the organization to the development of the community in which such organization is found in term of the social, economic, political, educational involvements.

However, the company is not compelled to do by and law t o do if (Adebayo, 1998), corporate social responsibility relates to the roles and obligation expected of business as a creation of modern society. Two opposing schools of thoughts emerged during the early birth of corporate social responsibility while one school argued that small and medium scale enterprise should assumed some responsibilities in the society beyond their primary economic role the other stand against. In the later case, corporate social responsibility is based on purely economic roles of profit, these regarded as the “classical view” is base on stakeholder theory. (Brance and Rodrigues) 2007.


1.2 Statement of the Problem

These are challenges problem in the field of human resources (Manpower) is considered the most critical to any organizational survival of a truism that adequate supply of materials and services that will utilizes the available resources to bring about the desired goals. In the present economy, there are competition in companies and industries which depends on their creative production and more especially on public goodwill to be able to make profit and stay in the business, corporate social responsibility by small and medium scale enterprises are multi-directional and problems are equally diverse.


1.3 Objective of the Study

With the above problem, these study in specific terms seeks to:

  1. Ascertain the extent to which SMEs in Eket Local Government Area, engage in corporate social responsibility.
  2. Identify the corporate social responsibility of the small and medium scale enterprises in Eket Local Government Area.
  3. Find out the relationship between the corporate social responsibility and the achievement of small and medium scale business.
  4. Ascertain whether SMEs in Eket Local Government Area contributed towards infrastructure development through their participation in corporate social responsibility.

1.4 Research Questions

The researcher has chosen the following research questions thoughts to be relevant that will assist in achieving and arriving the expected conclusion they include:

  1. To what extent does SMEs in Eket Local Government Area, engage in corporate social responsibility?
  2. What is corporate social responsibility of the small and medium scale enterprises in Eket Local Government Area?
  3. Is there any significance relationship between the corporate social responsibility and the achievement of small and medium scale business?
  4. Has SMEs in Eket Local Government Area contributed towards infrastructure development through their participation in corporate social responsibility?

1.5 Research Hypotheses

H0: There is no relationship between the corporate social responsibility and the achievement of small and medium scale business.

Ha: There is a significance relationship between the corporate social responsibility and the achievement of small and medium scale business.


1.6 Significance of the Study

Corporate social responsibility by small and medium scale enterprise is important to the study because, its demonstrate to both the consumers and the media that the company takes an interest in wider social issues that have no direct impact on profit margins. These issues may be local national or global, but a concern for the health and wellness of others that does not involved sales can be seen as commendable if done well.

Furthermore, being part of a scheme that helps disadvantaged people or those otherwise in need can help boost morale for employees within the responsible industry or company. Along with other methods of morale boosting, this can lead to greater productivity among the workforce. When the importance of social responsibility is recognized as part of a business foundation the impact of such endeavours can have life changing consequence for recipients of aid and equally. Instill a sense of pride in the people who support and work towards its growth and infrastructural development.


1.5 Scope of the Study

The project Corporate Social Responsibility by Small and Medium Scale Enterprise of Eket Local Government Area of Akwa Ibom State. The researcher decided to use the industry for this study. The coverage may give time representation of selection practice in the government owned enterprise in the economy and the organized private sector. Therefore, there is now an increase level of awareness of the important functions of small and medium scale enterprise in most developing countries including Nigeria, particularly in the informal sector of the economy in term of supply and creation of employment.

The researcher discovered that, the hotel industry belonging to this group small and medium scale enterprises has expanded rapidly since the return to democratic rule in 1999, primarily due to government interest in tourism development. Such expansion of the hotel industry called for an enquiry into how socially responsible its activities are. Hence, this study therefore explored the corporate social responsibility of the hotel industry in Nigeria and particularly, the hotel industry in Eket Local Government Area, Akwa Ibom State.


1.6 Limitation of the Study

During the course of this study, the researcher was confronted with some problems which the study was limited to the workers of the hotel industry. A large population of the workers falls among the regular customers and as such, it was difficult to really get their opinions as regards to manpower development. Hence, a lot of finance was also used in making this project a reality; nevertheless, the researcher also made concretes effort to ensure that the project was comprehensively carried out to meet the desired need.


1.7 Definition of Terms

Small and Medium Enterprise:

According to operational guidelines of small and medium enterprise equity investment scheme (SMEEIS) 2009). A small and medium enterprise has been defined as an enterprise with a maximum assets base 500m and with no limited with regards to the size of the workplace.

Corporate Social Responsibility:

Corporate social responsibility is the contributions of the organization to the development of the community in which such organizations is found in term of the social, economic, political, educational involvements.

Infrastructure:

These deals with the basic system.


1.10 Organization of the Studies

The study is categorized into five chapters. The first chapter presents the background of the study, statement of the problem, objective of the study, research questions and hypothesis, the significance of the study, scope/limitations of the study, and definition of terms. The chapter two covers the review of literature with emphasis on conceptual framework, theoretical framework, and empirical review. Likewise, the chapter three which is the research methodology, specifically covers the research design, population of the study, sample size determination, sample size, and selection technique and procedure, research instrument and administration, method of data collection, method of data analysis, validity and reliability of the study, and ethical consideration. The second to last chapter being the chapter four presents the data presentation and analysis, while the last chapter(chapter five) contains the summary, conclusion and recommendation.


Chapter Five


Summary, Conclusions and Recommendations:

5.1 Introduction

This chapter summarizes the findings on corporate social responsibility by small and medium scale enterprises and infrastructural development. The chapter consists of summary of the study, conclusions, and recommendations.


5.2 Summary of the Study

In this study, our focus was on corporate social responsibility by small and medium scale enterprises and infrastructural development. The study was specifically carried out to ascertain the extent to which SMEs in Eket Local Government Area, engage in corporate social responsibility, Identify the corporate social responsibility of the small and medium scale enterprises in Eket Local Government Area, find out the relationship between the corporate social responsibility and the achievement of small and medium scale business, and ascertain whether SMEs in Eket Local Government Area contributed towards infrastructure development through their participation in corporate social responsibility.

The study adopted the survey research design and randomly enrolled participants in the study. A total of 35 responses were validated from the enrolled participants where all respondent werethe hotel industries in Eket Local Government Area, Akwa Ibom State.


5.3 Conclusions

Based on the findings of this study, the researcher concluded that;

The extent to which SMEs in Eket Local Government Area, engage in corporate social responsibility is low.
The corporate social responsibility of the small and medium scale enterprises in Eket Local Government Area includes: getting involved in volunteer work, engaging in charity work, sponsor a local event, volunteer in local schools or community projects, amnesty, bursary.

There is significance relationship between the corporate social responsibility and the achievement of small and medium scale business.

SMEs in Eket Local Government Area has contributed towards infrastructure development through their participation in corporate social responsibility.


5.4 Recommendations

Based on the findings of the study, the following recommendations are proffered.

SMEs not minding their size needs to be involved with CSR within their locality. The sphere of operations of CSR will vary from one SME to another. But each has a benefit for the society and for the SME. CSR is an inevitable activity not minding the criticisms, as firms owe that obligation towards satisfying the company and societal needs, as this will have a corresponding effect on the profitability and increment in the customer base of the SME. SMEs will now be seen as socially responsible and contributing to the well being of their local customers.

SMEs should not been seen to hijacking the specific functions of the Government, especially since the capital base of such firms are normally smaller as compared to funds available in developed economies where the initial capital outlay and funds are large.


Corporate Social Responsibility By Small And Medium Scale Enterprises And Infrastructural Development


Project Material Download

3,000 Naira


The complete material will be sent to you in just 2 steps.

Quick & Simple…


Step One Purchase

Make payment of ₦3,000: through USSD Transfer, Bank Mobile App, ATM Transfer, or POS Transfer to:

Access Bank PlcAccount No.: 0811003731
Name: Samphina Academy
Account Type: Current

Or Click Here to pay with Debit Card

FOR CLIENTS OUTSIDE NIGERIA:
Click Here to pay with Debit Card ($15)
GHANA – Make Payment of 60 GHS to MTN MoMo, 0553978005, Douglas Osabutey 

  PAY WITH CRYPTOCURRENCY


Step Two Purchase

Send the following details through Text Message or WhatsApp Messenger | +234-8143831497

  • Payment Details 
  • Email Address 
  • Corporate Social Responsibility By Small And Medium Scale Enterprises And Infrastructural Development

The complete material will be sent to your email address after receiving your payment information | T & C Apply


  Contact Our Help Desk


You may also like:

⚠️ Need a different topic? Perform a quick search



Get A Complete Business Plan For Any Business In Nigeria

Business Plan for Businesses in Nigeria

  Business Plans in Nigeria


Disclaimer


This research material “Corporate Social Responsibility By Small And Medium Scale Enterprises And Infrastructural Development” is for research purposes and should be used as a guide in developing your research project / seminar work. For no reason should you copy word for word (verbatim) as samphina.com.ng will not be liable for any who copied the material.

The aim of providing this material is to reduce the stress of moving from one school library to another all in the name of searching for research materials. This service is legal because, all institutions permit their students to read previous projects, books, articles or papers while developing their own works. According to Austin Kleon “All creative work builds on what came before”.

samphina.com.ng is only providing this material “Corporate Social Responsibility By Small And Medium Scale Enterprises And Infrastructural Development” as a reference for your research. The paper should be used as a guide or framework for your own paper. The contents of this paper should be able to help you in generating new ideas and thoughts for your own research. Use it as a guidance purpose only.

Samphina Academy

Samphina Academy is an Online Educational Resource Center that is aimed at providing students with quality information and materials to aid them in succeeding in their academic pursuit.