The Political Economy of Corporate Social Responsibility In Nigeria

This work describes the Corporate Social Responsibility (CSR) in a developing economy such as that of Nigeria. Specifically,it is a case study of the role of industry; in this case Ashaka Cement Company plc; in promoting sustainable development in its host communities through CSR. The company was established in 1979; but general outcry by the communities around the company on its activities necessitates this work. They are 'crying' against neglect in terms of employment and the provisions of basic infrastructures, such as water, road, education and electricity. Against the foregoing, this book addressed the following questions; what are the strategies being used by the company to achieve its set objectives? What are the patterns of relationship between the company and the host communities? What are the inputs of the company on the area and people who formed the communities? The Stakeholder theory of the firm is used as a theoretical framework. By means of tabulation and percentage tools of analyses on data collected through questionnaires and interview, a significant positive relationship between grievances by the Ashaka communities and the activities of the company was found.