UDEH, Sergius Nwannebuike and NWADIALOR, E.O (2014) EXTENT OF COMPLIANCE WITH GLOBAL REPORTING INITIATIVES ON CORPORATE SOCIAL RESPONSIBILITY BY NIGERIAN BANKS. International Journal of Economics, Commerce and Management, 2 (9). ISSN 2348-0386
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Abstract
In spite of recent campaigns for increase in investments on Corporate Social Responsibility (CSR) by Nigerian banks, many are yet to take it seriously while some that engage in it do not report these activities in line with the Global Reporting Initiative (GRI). This paper examines whether banks in Nigeria comply with the Global Reporting Initiatives on corporate social responsibility activities. The study employed a survey design. Data for the study were collected with the use of a 52 – item structured questionnaire from eight (8) commercial banks in Nigeria. Analysis of data was done using mean and z test. The study reveals that the banks investigated engage in CSR activities peculiar to their host communities to avert their wrath. The study concludes that banks in Nigeria do not strictly comply with the Global Reporting Initiative both in terms of investment and reporting of CSR activities. The study recommends flexibility in the CSR performance indicators to allow companies with strong inclination to invest and report on peculiar environmental issues that engage their interest. Keywords: Corporate Social Responsibility, Global Reporting Initiative, Banks, Host Community, Nigeria
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > H Social Sciences (General) L Education > L Education (General) |
| Divisions: | Faculty of Management and Social Sciences |
| Depositing User: | GOUNI ICT |
| Date Deposited: | 24 May 2018 14:37 |
| Last Modified: | 07 Aug 2018 10:17 |
| URI: | http://eprints.gouni.edu.ng/id/eprint/174 |
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