Corporate Social Responsibility as a Tool towards Enhancement of Corporate Operation and Environmental Protection in the Nigerian Oil and Gas Sector
Received Date: Jan 04, 2019 / Accepted Date: Jan 12, 2019 / Published Date: Jan 19, 2019
Abstract
The positive impacts of some key developmental strides around the third world countries are a function of Corporate Social Responsibility CSR, as we envisage in this article these strides are achieved through the auspices of CSR. However, CSR currently plays diverse roles in corporate relations and development depending on the intention behind it. In fact for some corporations, it might range from host community or public pressure on the corporations on issues of development, human rights abuses and environmental degradation. On the other hand, it might be the genuine effort by businesses to demonstrate their commitments and goodwill towards the society on which their business operations depend. This makes CSR a tool which has been used differently by both the government and corporations. This article explains the meaning, nature and scope of CSR and how it is received as a tool for enhancing corporate operations. The focal point of this discourse shall be Nigeria and incidental issues like the legal status of CSR in Nigeria shall be critically analysed.
Keywords: Corporate social responsibility; Corporate operations; Oil, gas and environmental protection
Citation: Nabiebu M, Efombruh OE, Udo EJ (2019) Corporate Social Responsibility as a Tool towards Enhancement of Corporate Operation and Environmental Protection in the Nigerian Oil and Gas Sector. J Civil Legal Sci 8: 257. Doi: 10.4172/2169-0170.1000257
Copyright: © 2019 Nabiebu M, et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
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