The Role of Companies Corporate Social Responsibilities in National Development: The Philippines and Nigeria experience

Abstract

Corporations are like greedy lawyers—they have little sense of right and wrong, and their behavior can only be modified by money. From this money-centered perspective, insofar as business ethics are important, they apply to moral dilemmas arising as the struggle for profit proceeds. Businesses are conceived as holding a wide range of economic and civic responsibilities as part of their daily operation, the field of business ethics expands correspondingly. This study looks at the activities of manufacturing companies with regard to its host communities and the nation at large in its efforts towards national development. It also looks at the Corporate Social Responsibilities (CSR) of two companies in Nigeria and the Philippines in raising the standard of living of the people. Data for analysis of the activities of the two companies shall be drawn from its activities to the host communities of Abajana in Kogi State Nigeria and Bacnotan in the Republic of The Philippines. Conclusion is drawn from the finding of this research and how it has impacted on the life of the people and its contribution to national development.