Corporate Social Responsibility of Medium Scale Enterprises on the Community and Environment of Operation in Uyo Metropolis, Nigeria

Abstract

Corporate Social Responsibility has been recognized as one of the key factors for business sustainability. Majority of corporate social responsibility research focuses on large corporations. Paucity of data and limited research exists on the corporate social responsibility of medium scale enterprises despite their enormous contribution to the world economy and their impact on the social and natural environments. It is in this regard that this study seeks to examine the extent which medium scale businesses implement corporate social responsibility to the community and environment of their operation. Using a descriptive analysis, 100 respondents were examined in Uyo and the findings indicate that majority of Medium Scale Enterprises in Uyo Metropolis practice CSR on their community (89%) and environment (76%) of operation. The CSR practices on the Community involve provision of electricity (33%), provision of pipe born water (24%) and provision of scholarship schemes (15%) among others while that practice on the Environment involves Waste Management (24%), executing environmental friendly projects (15%), controlling of environmental hazards (12%) among others. The study adds new knowledge to the entrepreneurship literate especially as it concerns the context of the study and recommends awareness creation for more Medium Scale Enterprises to practice CSR and the need to encourage those who are already engaged in the practice to do more.