IMPACT OF CORPORATE SOCIAL RESPONSIBILITY IN ORGANISATIONS

ABSTRACT
This study was embarked upon with the purpose of gathering information about the impact of corporate social responsibility of organization. The objective of this research therefore is to help the manufacturing organization appraise the extent to which they are socially responsible.. during the course of this research, primary and secondary were the sources of information. There were also some findings like the socially oriented activities does not reduce the organizational goal of profit maximization.

1.1. BACKGROUND TO THE STUDY
The objective of any business is only attainable when it is able to thrive with its environment. Though the arm of setting up a business is mainly to make profit, its survival depends on doing things that are compatible with its environment. Most larger companies have accepted the challenge that they have an obligation to the society in which they operate. In this connection, relentless efforts are being intensities by companies to improve the standard of living of the host community. In other words, the management of the companies is aware of the role that their company has to play in providing for the well being of the society. This may reflect itself in many ways. They include; the formation of employment policies that avoid exploitation and restriction of individual rights, investment policies that take account of the effect of corporate activity on the physical environment.
Provision of infrastructural facilities to the host communities in particular and society in general. Such facilities include potable water, roads, school, hospital, electricity, etc.

There are also the need for a company to support education through direct financial aid to school in the community which it is sited, it also help the employees for further training and development which is important in the sense that better output is ensured. It is the responsibility of a business to ensure that it makes a fair return on investment of its shareholders as well as furnishing them with up to date information about the operation of the business. It is also the responsibility of the manager to ensure effective utilization of resources entrusted to him. Business can contribute to the betterment of the nations standard of living through earning and profits, this will lead to more people spending much money on more things. Other contribution is through cost reduction and consequent lowering it price to the customers.
On the part of the employees business organization should strive to get the corporate of its worker by providing a good working environment and condition of services, respect their right education. The business should accord recognition to the worker union.
The enterprise should evolve a good grievance settlement mechanism, fair promotion of workers and adequate social.