The study critically examines available perspectives to morality in business. It observes that each of the perspectives to morality in business may seem plausible; the reality of business clearly indicates that morality is intrinsic in the purposes and existence of business. The study further observes that the functional activities of business are pre-supposedly subjects of moral value judgment. The study posits that efforts should rather focus on discussions and concerns on moral benchmarks for sustainable business practices in view of emerging socio-cultural and global dynamics. It concludes that appropriate synthesis of perspectives is the way to go in order to enhance business education among students and practitioners in Nigeria.
The paper examines the challenge of taking ownership by stakeholders as standard operational baseline for effective and sustainable CSR practices. It highlights the preponderance of incorporating stakeholders into mainstream activities in a professional that entails pro-active stakeholders' participation and involvement by multinational corporations in order to maximize inherent benefits of CSR programs. Using the experience of Shell Petroleum Development Company (SPDC) in the Niger-Delta region of Nigeria as a case-study, the paper analyses the danger and the attendant frustrations that are sure to erupt when companies deliberately or inadvertently refused to handle CSR initiatives without eliciting required supports of critical stakeholder like host community based on standard taking ownership model towards sustainable CSR practices.
As the quest for multi-stakeholders’ approach to the development of communities and societies across Africa becomes intensified in view of reduced government pro-active development efforts due to dwindling resources and high competing demands from other sectors, the paper examines available opportunities for community development through CSR programs of multinational corporations. It observes that corporate social responsibility programs of multinational corporations have not made meaningful development impacts despite the fact that corporate social responsibility platforms are veritable means of fast-tracking development at community level across Africa. It concludes by identifying strategies for enhancing corporate social responsibility impacts and possible areas of interventions for community development across Africa through multinational corporations’ corporate social responsibility platforms.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.