52 Records out of 22207 Records

Corporate social responsibility as strategic advantage in the cut flower industry in Kenya

Author: Gichohi, Jelemano M.

Awarding University: United States International University-Africa, Kenya

Level : MBA

Year: 2012

Holding Libraries: United States International University-Africa Library ;

Subject Terms: Corporate responsibility ; Social responsibility ; Strategic management ; Competitive advantage ; Cut flower industry ;

Abstract:

ABSTRACT NOT AVAILABLE

Influence of employee involvement in corporate social responsibility projects on organizational commitment : a case of the Safaricom foundation

Author: Aira, Fredrick O

Awarding University: University of Nairobi, Kenya

Level : MA

Year: 2012

Holding Libraries: University of Nairobi Jomo Kenyatta Memorial Library ;

Subject Terms: Safaricom Foundation ; Corporate responsibility ; Social responsibility ; Employee involvement ;

Abstract:

Corporate Social Responsibility (CSR) involves giving back to the community through development initiatives and conducting business in a manner that promotes sustainable development and well-being of both the business and the society. Corporations have been keen to formulate CSR in way that promises gains to both the business and society, hence the concept of Strategic CSR. Employee involvement in CSR has been advanced as one of the ways through which employee organizational commitment can be enhanced. However there is little empirical information to support this view. This study sought to determine how employee involvement in CSR projects by Safaricom Limited influences their organizational commitment. The objectives of the Study were: to determine how involvement of Safaricom staff in needs identification for CSR projects intervention influence their organizational commitment, to determine how Safaricom staff involvement in implementation of CSR projects influence their organizational commitment and to determine how involvement of Safaricom staff in monitoring and evaluation of CSR projects influence their organizational commitment. The study employed descriptive design where target population were all of the 31 Safari com employees who participated in phase one and two of the World of Difference program carried out by the Safaricom Foundation which is the CSR organ of Safaricom Limited. Qualitative and quantitative data were collected using a questionnaire. Collected data was organized, edited, coded, entered and analysed with the aid of Statistical Packages Social for. Sciences (SPSS) and descriptive statistics mainly percentages, means and frequencies were computed. In addition correlations and non-parametric tests (Chitest) were conducted. Tables, charts and graphs were used for presentation of the findings. The findings revealed that employee involvement in CSR projects influenced their organizational commitment in all three accounts of involvement. There was more influence on their affective commitment as opposed to normative and continuance commitment. The study concluded that employee involvement in CSR could be used as a strategic tool to enhance employee commitment. The study recommended more involvement of Staff in CSR projects and more publicity so as to attract greater number of participants. The study also recommended increasing of the duration of time participating staff are exposed to CSR projects.

The impact of corporate social responsibility on firms risks among quoted commercial banks in Kenya

Author: Stanley, Judy W

Awarding University: University of Nairobi, Kenya

Level : MBA

Year: 2012

Holding Libraries: University of Nairobi Jomo Kenyatta Memorial Library ;

Subject Terms: Impact analysis/Corporate responsibility/Social responsibility/Risk assessment/Public companies/Commercial banks/Banking industry ;

Abstract:

This research was undertaken in order to understand the impact of corporate social responsibilities on firm risks amongst quoted banks in Kenya. The objective of the study was to investigate how CSR impacts on firm risks. A number of studies have been done in Kenya regarding the relationship between CSR and financial performance but none has been carried out to establish the relationship between CSR in relation to firm risks. Specifically, it was expected that by pursuing a series of nominated objectives, this study will help assess consumers, community, employee and other stake holders reactions towards the perceptions of banks as socially responsible entities, in the context of CSR principles The researcher used a descriptive survey by administering a questionnaire to the targeted respondents. Data was analyzed using SPSS software and presented using bar graphs, pies charts and frequency tables. Secondary data was also obtained from Banks to obtain accounting measures of risks. The results show that the firms with CSR did suffer less stock price declines in negative events. Additionally, this study also finds the CSR has greater protection effect for firms with higher intangible assets, and has significant contribution in the safety-related negative events but not in the integrity-related negative events. CSR is not about free goodies. It is an effort by organizations to deploy their resources in a way that helps the organizations build a mutually productive and sustainable business relationship between them and the communities with which they do business. It's thus recommended that banks should adopt portfolio mitigating strategies before investing heavily in CSR activities which are capital intensive to establish the risk return trade off.

Management perception of the influence of corporate social responsibility on performance of Equity Bank Limited

Author: Wandate, Michael Nyaga

Awarding University: University of Nairobi, Kenya

Level : MBA

Year: 2012

Holding Libraries: University of Nairobi Jomo Kenyatta Memorial Library ;

Subject Terms: Managers/Perceptions/Corporate responsibility/Social responsibility/Financial performance/Equity Bank Kenya Limited/Commercial banks/Banking industry ;

Abstract:

Over the past decades, sustainability has emerged as one of the foremost issues faced by corporations across all sectors. This led to the plethora that organization 'do well by doing good' through focusing to investors, customers and employees due to society consideration and the environment in going about their operations. This growing trend by organizations to practice corporate social responsibility illustrates the need of companies to give more back to the communities in which they operate and by doing so, they enhance and boost their performance. Due to the understanding of effect of corporate social responsibility to the organization, this study aimed to establish management perception of the influence of corporate social responsibility on performance of equity bank limited. The main objective of this study was to establish management perception of the influence of corporate social responsibility on performance of Equity Bank Limited. To achieve this, the study was guided by the following research objectives, that is, to establish the impact of CSR activity on good governance as perceived by the management of Equity Bank Limited, to establish impact of CSR activity on employees' as perceived by the management of Equity Bank Limited and to determine the impact of CSR activity on good governance as perceived by the management of Equity Bank Limited. The study employed a case study within Equity bank limited where primary data was collected using interview guides administered to research sample (managers). The interview guides was structure into two categories. A content analysis and descriptive analysis was employed, The information developed from the research data was then presented in prose-form. Four (4) out of the 6 interviewees' targeted completed the interview guide making a response rate of 75%. The study concluded that management perceived that exercising CSR activity results to good governance which led to risk reduction to a very great extent. Further the study concluded that management set CSR practices that consider employees welfare so as to enhance attractiveness of potential employer and reduction of job turnover. Finally, the study concluded that the aim of the organization to engage in CSR activity was to influence customer base increment.

The role of corporate social responsibility in enhancing social services amongst the host communities : the case of Kenya Electricity Generation Company (KENGEN)

Author: Kulova, Jack Okwiri

Awarding University: University of Nairobi, Kenya

Level : MA

Year: 2012

Holding Libraries: University of Nairobi Jomo Kenyatta Memorial Library ;

Subject Terms: Corporate responsibility/Social responsibility/Community development/Kenya Electricity Generating Company ;

Abstract:

Corporate social responsibility (CSR) refers to how corporations or firms conduct their business in a way that is ethical, socially friendly and beneficial to community in terms of development. CSR implies that the company conducts its business in a way that is,mutually beneficial to its objectives as well as to society. This paper looks at the role of CSR interventions or initiatives of KenGen (Kenya Electricity Generating Company Limited) in enhancing social services amongst its host communities. Kenya Electricity Generating Company Limited (KenGen) is the leading electricity power generation company in Kenya, producing about 80 percent of electricity consumed in the country. This paper approached the concept of CSR based on theory to form a basis of understanding the study. The theories included; Excellence Theory, Social Responsibility Theory, Stakeholder Theory and Decision Making Theory and their prepositions and application in CSR programs in an organization. The paper also explored literature on the role of CSR in community development because the very logic of CSR is towards seeing its impact in community socially, environmentally and economically. The study adopted a descriptive research design with 120 host beneficiaries of KenGen' s CSR initiatives in Olkaria, Sondu and Seven forks. The study indeed established that KenGen's had played a significant role in enhancing the social services amongst the host communities' where it operates.

The role of corporate social responsibility in enhancing stakeholders participation in Kenya Roads Board operations; the case of Nairobi County

Author: Nyalwal, Patricia Warua

Awarding University: University of Nairobi, Kenya

Level : MA

Year: 2012

Holding Libraries: University of Nairobi Jomo Kenyatta Memorial Library ;

Subject Terms: Kenya Roads Board ; Central Business District, Nairobi, Kenya ; Corporate responsibility ; Social responsibility ; Stakeholders ;

Abstract:

The purpose of this study was to establish the role of Corporate Social Responsibility in enhancing stakeholders' participation in Kenya Roads Board, a Government institution which finances road maintenance and development in Kenya. The study established factors influencing the level of stakeholders' participation including the annual Corporate Social Responsibility activities, correspondence received from stakeholders and Kenya Roads Board staff participation. Caroll's (1979) and Wood's (1991) Corporate Social Performance model was used to illustrate the study. The study targeted Kenya Roads Board management, staff and stakeholders including motorized and non-motorized respondents in Nairobi Central Business District. A cross-sectional survey research design was used and this study applied a mixed method of quantitative and qualitative approaches. A sample of 137 respondents was selected and the sampling procedures used included stratified and simple random sampling. Interview schedules, self administered questionnaires and a checklist were used to collect data. Quantitative and qualitative methods were used to analyze data with both inferential and descriptive analysis employed. The findings of the study indicated that the number of Corporate Social Responsibility activities carried out in a year enhances the level of stakeholders' participation in Kenya Roads Board operations, the number of correspondence received in a year from stakeholders determines the level of stakeholders' participation in Kenya Roads Board operations, and the level of Kenya Roads Board staff participation in Corporate Social Responsibility activities also influences the level of stakeholders' participation in Kenya Roads Board operations. This study recommended the engagement of Kenya Roads Board in Corporate Social Responsibility activities that are relevant and core to its operations, the encouragement of Kenya Roads Board Stakeholders feedback through the various means of communication and their participation in Corporate Social Responsibility activities. The engagement of Kenya Roads Board staff in Corporate Social Responsibility activities should also be encouraged. From the foregoing, Corporate Social Responsibility indeed enhances stakeholders' participation in Kenya Roads Board operations. Conversely, there is need for Kenya Roads Board to encourage its staff and stakeholders to actively participate in activities that are related to its core business especially road safety and environmental conservation.

An investigation into the practice corporate social responsibility in the construction industry in Kenya : a case of contractors, Nairobi

Author: Otieno, Sally Olivia

Awarding University: University of Nairobi, Kenya

Level : MA

Year: 2012

Holding Libraries: University of Nairobi Jomo Kenyatta Memorial Library ;

Subject Terms: Corporate responsibility ; Social responsibility ; Construction industry ; Contractors ; Nairobi, Kenya ;

Abstract:

The construction industry in Kenya is very important since it contributes greatly to the growth of the economy. Despite its very significant contribution to the economy, one finds that its operations diversely affect the society and environment in which most of its works are carried out in. Due to this reason, construction companies are required to go beyond the basic requirements of meeting projects' basic objectives by considering socio- economic, as well as sustainable environment issues. One of the ways in which this can be achieved is through the practice of Corporate Social Responsibility (CSR) in a firm's operations. It is on this premise that the study was carried out with the main aim of investigating the practice of CSR by Kenyan construction companies. The study sought to establish the prevalence of CSR practice in the Kenyan construction industry, together with the various impacts encountered as a result of embracing the practice by various contractors. Other objectives of the study included formulation of a practical CSR model which could be adopted by contractors in Kenya for future use and also to recommend a way forward. A survey approach was adopted for the study and data was collected from the chosen sample group of 'Class A' construction firms. Data was analysed using statistical software's and procedures, and inferences made from the data outputs. Responses from the survey request were used to inform the study findings, conclusions and recommendations. The results of the survey indicate that most of the construction firms are aware of the concept of CSR and that those who had embraced the practice had encountered various positive impacts highlighted the study. This was despite some of the challenges they had faced in implementation of the concept. The study highlighted pertinent concepts on how construction firms can improve their outputs and work relationships by embracing the practice of CSR. The study recommends that CSR practice .should be adopted by all practicing contracting firms in Kenya for purposes of enjoying the inherent benefits that comes with its practice. This can be done through the formulation of relevant and practical legal and institutional frameworks that will ensure mandatory practice, as it has been done in other developed countries. The study further recommends a simple CSR model which can be adopted by the various construction firms for purposes of improving their businesses.

Factors influencing the practice of corporate social responsibility by Standard Chartered Bank in Kenya

Author: Nzovah, Lucy Samperu

Awarding University: University of Nairobi, Kenya

Level : MBA

Year: 2012

Holding Libraries: University of Nairobi Jomo Kenyatta Memorial Library ;

Subject Terms: Corporate responsibility ; Social responsibility ; Standard Chartered Bank, Kenya Limited ; Commercial Bank, Kenya Limiteds ; Bank, Kenya Limiteding industry ;

Abstract:

In recent times, there has been an evident tremendous growth in the adoption of Corporate Social Responsibility (CSR). This growth shows that CSR proliferates on the boardroom agenda across many sectors and thus proves that modern corporations understand the need to give to their business a more holistic sense in order to ensure their viability. In the context of international organizations operating in diverse host countries, the objective of this study was to determine factors that influence the practice of CSR in Standard Chartered Bank-Kenya. Data was collected by use of an interview guide from 61 senior managers, middle level managers and staff working directly in the corporate affairs department. Descriptive statistics was used in analyzing primary data while secondary data was analyzed by use of content analysis. The findings indicate that the bank has various CSR activities ranging from health, education, environment and general community support strategies. Among factors that came out as influencing CSR in SCB included corporate strategy, accountability, enhancement of stakeholder relations, company integrity and stakeholder cooperation. However, among all these factors, stakeholders' welfare and relations appeared to be favored by the respondents as a key influencing factor in the adoption and implementation of CSR. Based on the fact that profitability of the bank as a factor, despite being among those mentioned lacked a tangible evidential justification, the study among other recommendations, recommended further studies that would be able to draw a link of CSR and any measurable financial benefits for the bank.

The relationship between corporate social responsibility and financial performance of companies listed in the Nairobi Securities Exchange

Author: Omwenga, Damaris K

Awarding University: University of Nairobi, Kenya

Level : MBA

Year: 2012

Holding Libraries: University of Nairobi Jomo Kenyatta Memorial Library ;

Subject Terms: Corporate responsibility ; Social responsibility ; Financial performance ; Public companies ; Nairobi Securities Exchange ;

Abstract:

In recent years, firms have greatly increased the amount of resources allocated to CSR activities. This paper studies the empirical relation between corporate social responsibility (CSR) and financial performance in Kenya of companies listed at the Nairobi Securities Exchange continuously for a period of five years; from 2007 to 20II.Corporate social responsibility is measured by the amount spent on CSR programs while Financial performance is measured by Net profit. According to the major findings of the study, CSR has positive relationship to the financial performance. The major significance is noted in the Net profit. The study found that there was a general upward trend in the amount invested in CSR activities between 2007 and 2011.The highest investment was seen in 2010 while the lowest in 2007.The study also found that there was an upward trend in the performance of firms listed in NSE. The year 2010 was marked with the highest expenditure on CSR followed by 2009 in most companies whereas 2007 and 2009 were the years that recorded the lowest expenditure on CSR among the companies. The best performing year was 2011 where most of the companies registered highest profit followed by 2010 whereas 2008 and 2007 were the years that recorded the lowest turnover along the years in all sectors the net profit has been increasing since 2007. A recommendation for improvement of all stakeholders should embrace the importace of CSR in order to achieve the greater performance efficiency. The government should develop corporate social responsibility index for all companies and annually published in order to promote this emerging phenomenon.

The relationship between corporate social responsibility practices and financial performance of firms in the manufacturing, construction and allied sector of the Nairobi Securities Exchange

Author: Oyenje, Jane Jerotich

Awarding University: University of Nairobi, Kenya

Level : MBA

Year: 2012

Holding Libraries: University of Nairobi Jomo Kenyatta Memorial Library ;

Subject Terms: Corporate responsibility ; Social responsibility ; Financial performance ; Manufacturers ; Construction industry ; Public companies ; Nairobi Securities Exchange ;

Abstract:

This study sought to establish the relationship between corporate social responsibility practice and financial performance of firms listed in the manufacturingj' construction and allied sector of the Nairobi Securities Exchange.. The relationship between corporate social responsibility practice and firm financial performance has been studied in the past but results of these studies do not appear conclusive. Accordingly the objective of this study was to establish the relationship between the practice of corporate social responsibility and firm financial performance in the manufacturing, construction and allied sector companies listed at the Nairobi Securities Exchange. The specific objectives were to establish the effects of corporate social responsibility activities on financial performance and to also establish the corporate social responsibility activities undertaken by firms in the. sector. This study is important because corporate social responsibility practice is important and fundamental to the sustainable operations of firms, good financial performance is also important for sustainability of any firm. This study was meant to be a census but due to the non-availability of complete data for some of the companies, the research covered 10 out of the 14 companies in the sector. . Secondary data was obtained from the audited financial reports of the companies for the period from 2007 to 2011. The score for corporate social responsibility practice was obtained using content analysis of reports of the companies on various components of corporate social responsibility as reported in their audited financial reports. Control variables for manufacturing efficiency and capital intensity were also introduced in the regression model so as to establish whether these variables had an effect on the relationship between corporate social responsibility and financial performance. The data collected was analyzed using descriptive statistics and regression analysis . The results indicated the existence of a relationship between the independent variables (corporate social responsibility score, manufacturing efficiency and capital intensity) used in the model and the dependent variable (return on assets) with a correlation coefficient of 0.870. The results of the study also showed that there was an insignificant positive relationship between corporate social responsibility practice and financial performance. Financial performance and manufacturing efficiency was found to have a significant linear relationship which was inverse.