Impact of Corporate Social Responsibility on Organizational Survival in Nigeria

Abstract

The research examines the impact of corporate social responsibility on the survival of Quoted Manufacturing Firms in Abuja. The study applied a cross-sectional survey research design to elicit responses from the research participants. Again, three research hypotheses were formulated for the study and were tested using simple linear regression analysis. The findings revealed that donation, social amenities and taxation have positive significant effect on survival of Quoted Manufacturing Companies in Abuja. The study concluded that there is significant effect of corporate social responsibility on survival of Quoted Manufacturing firms in Abuja. In view of the findings, this research therefore recommends that government should put machinery in place to monitor firms’ investment in CSR so as to serve as motivation for their involvement in social responsibility activities, particularly in their immediate environment.