Corporate Social Responsibility and Firm Performance: A Review of Literatures

Barnabas Gogo Pepple; Boniface Uzoma Emenike; Kingsley Ala Wilcox

doi:doi:10.11648/j.ijber.20211004.11

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Corporate Social Responsibility and Firm Performance: A Review of Literatures

Barnabas Gogo Pepple, Boniface Uzoma Emenike, Kingsley Ala Wilcox

Published in International Journal of Business and Economics Research (Volume 10, Issue 4)

Received: 16 June 2021 Accepted: 29 June 2021 Published: 13 July 2021

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Abstract

The importance of Corporate Social Responsibility cannot be overemphasized, and good Corporate Social Responsibility will constitute good relationship for both the implementing business and its stakeholders- such as customers, community, suppliers, government etc., of such business. The idea behind Corporate Social Responsibility is largely misunderstood by many to deal with only large organizations and multinational. However, even small businesses can in their own little ways be socially responsible. For instance, both large and small businesses do employ workers, operate in a community, impact on the environment on which they operate and are expected to pay taxes to the government of their nation. Consequently, by employing worker, the business is expected to maintain and services such workers in other to retain them and by operating in a community, the business owe such community among other things healthy goods and contributions to societal activities. Therefore, it doesn’t necessarily mean that a business must be large before Corporate Social Responsibility can be implemented. All the aforementioned activities are all inclusive in the Corporate Social Responsibility list. This study considered the meaning of Corporate Social Responsibility from varying authorities, reviewed literatures on previous studies- specifically those with positive relationship, negative relationship, mixed relationship and modest relationship. Following the robust literature review, gaps in studies were identified and consequently, need for further studies. Finally, conclusion was made and recommendations suggested.

Published in	International Journal of Business and Economics Research (Volume 10, Issue 4)
DOI	10.11648/j.ijber.20211004.11
Page(s)	110-116
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2021. Published by Science Publishing Group

Keywords

Corporate Social Responsibility, Firm Performance, Community, Customers and Suppliers

References

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APA Style

Barnabas Gogo Pepple, Boniface Uzoma Emenike, Kingsley Ala Wilcox. (2021). Corporate Social Responsibility and Firm Performance: A Review of Literatures. International Journal of Business and Economics Research, 10(4), 110-116. https://doi.org/10.11648/j.ijber.20211004.11

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ACS Style

Barnabas Gogo Pepple; Boniface Uzoma Emenike; Kingsley Ala Wilcox. Corporate Social Responsibility and Firm Performance: A Review of Literatures. Int. J. Bus. Econ. Res. 2021, 10(4), 110-116. doi: 10.11648/j.ijber.20211004.11

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AMA Style

Barnabas Gogo Pepple, Boniface Uzoma Emenike, Kingsley Ala Wilcox. Corporate Social Responsibility and Firm Performance: A Review of Literatures. Int J Bus Econ Res. 2021;10(4):110-116. doi: 10.11648/j.ijber.20211004.11

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@article{10.11648/j.ijber.20211004.11,
  author = {Barnabas Gogo Pepple and Boniface Uzoma Emenike and Kingsley Ala Wilcox},
  title = {Corporate Social Responsibility and Firm Performance: A Review of Literatures},
  journal = {International Journal of Business and Economics Research},
  volume = {10},
  number = {4},
  pages = {110-116},
  doi = {10.11648/j.ijber.20211004.11},
  url = {https://doi.org/10.11648/j.ijber.20211004.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20211004.11},
  abstract = {The importance of Corporate Social Responsibility cannot be overemphasized, and good Corporate Social Responsibility will constitute good relationship for both the implementing business and its stakeholders- such as customers, community, suppliers, government etc., of such business. The idea behind Corporate Social Responsibility is largely misunderstood by many to deal with only large organizations and multinational. However, even small businesses can in their own little ways be socially responsible. For instance, both large and small businesses do employ workers, operate in a community, impact on the environment on which they operate and are expected to pay taxes to the government of their nation. Consequently, by employing worker, the business is expected to maintain and services such workers in other to retain them and by operating in a community, the business owe such community among other things healthy goods and contributions to societal activities. Therefore, it doesn’t necessarily mean that a business must be large before Corporate Social Responsibility can be implemented. All the aforementioned activities are all inclusive in the Corporate Social Responsibility list. This study considered the meaning of Corporate Social Responsibility from varying authorities, reviewed literatures on previous studies- specifically those with positive relationship, negative relationship, mixed relationship and modest relationship. Following the robust literature review, gaps in studies were identified and consequently, need for further studies. Finally, conclusion was made and recommendations suggested.},
 year = {2021}
}

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TY  - JOUR
T1  - Corporate Social Responsibility and Firm Performance: A Review of Literatures
AU  - Barnabas Gogo Pepple
AU  - Boniface Uzoma Emenike
AU  - Kingsley Ala Wilcox
Y1  - 2021/07/13
PY  - 2021
N1  - https://doi.org/10.11648/j.ijber.20211004.11
DO  - 10.11648/j.ijber.20211004.11
T2  - International Journal of Business and Economics Research
JF  - International Journal of Business and Economics Research
JO  - International Journal of Business and Economics Research
SP  - 110
EP  - 116
PB  - Science Publishing Group
SN  - 2328-756X
UR  - https://doi.org/10.11648/j.ijber.20211004.11
AB  - The importance of Corporate Social Responsibility cannot be overemphasized, and good Corporate Social Responsibility will constitute good relationship for both the implementing business and its stakeholders- such as customers, community, suppliers, government etc., of such business. The idea behind Corporate Social Responsibility is largely misunderstood by many to deal with only large organizations and multinational. However, even small businesses can in their own little ways be socially responsible. For instance, both large and small businesses do employ workers, operate in a community, impact on the environment on which they operate and are expected to pay taxes to the government of their nation. Consequently, by employing worker, the business is expected to maintain and services such workers in other to retain them and by operating in a community, the business owe such community among other things healthy goods and contributions to societal activities. Therefore, it doesn’t necessarily mean that a business must be large before Corporate Social Responsibility can be implemented. All the aforementioned activities are all inclusive in the Corporate Social Responsibility list. This study considered the meaning of Corporate Social Responsibility from varying authorities, reviewed literatures on previous studies- specifically those with positive relationship, negative relationship, mixed relationship and modest relationship. Following the robust literature review, gaps in studies were identified and consequently, need for further studies. Finally, conclusion was made and recommendations suggested.
VL  - 10
IS  - 4
ER  -

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Author Information

Barnabas Gogo Pepple

Department of Petroleum Marketing and Business Studies, Federal Polytechnic of Oil and Gas Bonny, Port Harcourt, Nigeria
Boniface Uzoma Emenike

Department of Petroleum Marketing and Business Studies, Federal Polytechnic of Oil and Gas Bonny, Port Harcourt, Nigeria
Kingsley Ala Wilcox

Mathematics Department, RA International School Bonny-Island, Port Harcourt, Nigeria

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APA Style

Barnabas Gogo Pepple, Boniface Uzoma Emenike, Kingsley Ala Wilcox. (2021). Corporate Social Responsibility and Firm Performance: A Review of Literatures. International Journal of Business and Economics Research, 10(4), 110-116. https://doi.org/10.11648/j.ijber.20211004.11

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ACS Style

Barnabas Gogo Pepple; Boniface Uzoma Emenike; Kingsley Ala Wilcox. Corporate Social Responsibility and Firm Performance: A Review of Literatures. Int. J. Bus. Econ. Res. 2021, 10(4), 110-116. doi: 10.11648/j.ijber.20211004.11

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AMA Style

Barnabas Gogo Pepple, Boniface Uzoma Emenike, Kingsley Ala Wilcox. Corporate Social Responsibility and Firm Performance: A Review of Literatures. Int J Bus Econ Res. 2021;10(4):110-116. doi: 10.11648/j.ijber.20211004.11

Copy | Download

@article{10.11648/j.ijber.20211004.11,
  author = {Barnabas Gogo Pepple and Boniface Uzoma Emenike and Kingsley Ala Wilcox},
  title = {Corporate Social Responsibility and Firm Performance: A Review of Literatures},
  journal = {International Journal of Business and Economics Research},
  volume = {10},
  number = {4},
  pages = {110-116},
  doi = {10.11648/j.ijber.20211004.11},
  url = {https://doi.org/10.11648/j.ijber.20211004.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20211004.11},
  abstract = {The importance of Corporate Social Responsibility cannot be overemphasized, and good Corporate Social Responsibility will constitute good relationship for both the implementing business and its stakeholders- such as customers, community, suppliers, government etc., of such business. The idea behind Corporate Social Responsibility is largely misunderstood by many to deal with only large organizations and multinational. However, even small businesses can in their own little ways be socially responsible. For instance, both large and small businesses do employ workers, operate in a community, impact on the environment on which they operate and are expected to pay taxes to the government of their nation. Consequently, by employing worker, the business is expected to maintain and services such workers in other to retain them and by operating in a community, the business owe such community among other things healthy goods and contributions to societal activities. Therefore, it doesn’t necessarily mean that a business must be large before Corporate Social Responsibility can be implemented. All the aforementioned activities are all inclusive in the Corporate Social Responsibility list. This study considered the meaning of Corporate Social Responsibility from varying authorities, reviewed literatures on previous studies- specifically those with positive relationship, negative relationship, mixed relationship and modest relationship. Following the robust literature review, gaps in studies were identified and consequently, need for further studies. Finally, conclusion was made and recommendations suggested.},
 year = {2021}
}

Copy | Download

TY  - JOUR
T1  - Corporate Social Responsibility and Firm Performance: A Review of Literatures
AU  - Barnabas Gogo Pepple
AU  - Boniface Uzoma Emenike
AU  - Kingsley Ala Wilcox
Y1  - 2021/07/13
PY  - 2021
N1  - https://doi.org/10.11648/j.ijber.20211004.11
DO  - 10.11648/j.ijber.20211004.11
T2  - International Journal of Business and Economics Research
JF  - International Journal of Business and Economics Research
JO  - International Journal of Business and Economics Research
SP  - 110
EP  - 116
PB  - Science Publishing Group
SN  - 2328-756X
UR  - https://doi.org/10.11648/j.ijber.20211004.11
AB  - The importance of Corporate Social Responsibility cannot be overemphasized, and good Corporate Social Responsibility will constitute good relationship for both the implementing business and its stakeholders- such as customers, community, suppliers, government etc., of such business. The idea behind Corporate Social Responsibility is largely misunderstood by many to deal with only large organizations and multinational. However, even small businesses can in their own little ways be socially responsible. For instance, both large and small businesses do employ workers, operate in a community, impact on the environment on which they operate and are expected to pay taxes to the government of their nation. Consequently, by employing worker, the business is expected to maintain and services such workers in other to retain them and by operating in a community, the business owe such community among other things healthy goods and contributions to societal activities. Therefore, it doesn’t necessarily mean that a business must be large before Corporate Social Responsibility can be implemented. All the aforementioned activities are all inclusive in the Corporate Social Responsibility list. This study considered the meaning of Corporate Social Responsibility from varying authorities, reviewed literatures on previous studies- specifically those with positive relationship, negative relationship, mixed relationship and modest relationship. Following the robust literature review, gaps in studies were identified and consequently, need for further studies. Finally, conclusion was made and recommendations suggested.
VL  - 10
IS  - 4
ER  -

Copy | Download