Perceptions of Stakeholders in Corporate Social Responsibility and Irresponsibility in Tanzania
Journal Title: International Journal of Academic Research in Business and Social Sciences - Year 2019, Vol 8, Issue 9
Abstract
For a corporate to survive in a competitive market environment, it must ensure the needs of its stakeholders are given the first priority. Every corporate is obliged to take a responsible part in a community so as to afford a life time existence of its products and the life of its society in general. This can simply be termed as Corporate Social responsibility. It is an obvious fact however, that while most companies have been practicing corporate social responsibility, other companies have been irresponsible to their societies and to the environment surrounding them. The aim of this study was therefore to understand stakeholders’ perceptions, regarding corporate social responsibility and irresponsibility in their societies. Whereas, using an Explorative Factor Analysis study in beverage industries in Tanzania, we found corporate support and corporate geniality is influencing factors for company’s social responsibility. While, Corporate Environmental Management and Corporate Safety Management were said to influence corporate social irresponsibility. This study later recommended on producing socially desirable products and services as the suggested central goal for every company. And second, because moral and environmental pollutions may sometimes be inevitable to abstain, companies were recommended to take responsible compensations if in any case pollutions occurred.
Authors and Affiliations
Ahmad Mtengwa Burhan, Mayasa Mussa Kalinga
Keywords
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- EP ID EP567248
- DOI 10.6007/IJARBSS/v8-i9/4674
- Views 56
- Downloads 0
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