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Corporate Social Responsibility Dimensions and Corporate Image of Selected Upstream Oil and Gas Companies in Nigeria

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Corporate Social Responsibility Dimensions and Corporate Image of Selected Upstream Oil and Gas Companies in Nigeria


Okegbemiro, S. A. | Onu, C. | Nwankwere, I. A. | Adim, C. V.



Okegbemiro, S. A. | Onu, C. | Nwankwere, I. A. | Adim, C. V. "Corporate Social Responsibility Dimensions and Corporate Image of Selected Upstream Oil and Gas Companies in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-2, April 2024, pp.382-394, URL: https://www.ijtsrd.com/papers/ijtsrd64671.pdf

The extraction and production activities associated with the upstream oil and gas sector in Nigeria have been linked to significant environmental degradation. Practices such as oil spills, gas flaring, and deforestation have led to pollution of land, water bodies, and the atmosphere. This degradation not only poses risks to ecosystems and biodiversity but also threatens the health and livelihoods of local communities who depend on these natural resources for sustenance. Hence, this study examined the effect of corporate social responsibility dimensions on societal loyalty in the Nigerian upstream oil and gas businesses. The study adopted survey research design. The population of the study comprised 13, 443 regular employees of eight O&G firms’ companies in Nigeria. The sample size of 748 was determined using Cochran’s sample size formula (1977) and simple random sampling technique was adopted in selecting respondents. A structured, adapted and validated questionnaire was administered with Cronbach’s alpha reliability coefficient for the constructs ranging from 0.630 to 0.910. The response rate was 91.0%. The research hypotheses were tested using multiple regression statistics. The findings revealed that corporate social responsibility dimensions had no significant effect societal loyalty (Adj. R2=0.11, F(2. 671)= 1.96, p > 0.05), corporate (Adj. R2=.001, F(2. 671)= 1.292, p > 0.05). The study of study concludes that CSR dimensions do not have a substantial influence on societal loyalty, business image, and competitiveness, suggesting the need for further investigation into the complex connection between CSR practices and organisational results. Therefore, the study recommends that to improve loyalty, Oil and Gas firms should conduct stakeholder evaluations, customize CSR programs, participate in community outreach, philanthropy projects, and environmental conservation efforts. Transparent communication and stakeholder involvement are crucial for trust and confidence.

Corporate Social Responsibility, Environmental Responsibility, Economic Responsibility, Societal Loyalty, Social Responsibility


IJTSRD64671
Volume-8 | Issue-2, April 2024
382-394
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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