Relationship Between Business Ethics and Corporate Social Responsibility of Listed Manufacturing Companies in Nigeria

Mary OMOFOWA; Shadrach OMOFOWA; Chijioke NWACHUKWU; XuyenThi NGUYEN

Proceedings of the First International Conference on Computing, Communication and Control System, I3CAC 2021, 7-8 June 2021, Bharath University, Chennai, India

Research Article

Relationship Between Business Ethics and Corporate Social Responsibility of Listed Manufacturing Companies in Nigeria

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@INPROCEEDINGS{10.4108/eai.7-6-2021.2308604,
    author={Mary Shadrach OMOFOWA and Shadrach OMOFOWA and Chijioke NWACHUKWU and XuyenThi My NGUYEN},
    title={Relationship Between Business Ethics and Corporate Social Responsibility of Listed Manufacturing Companies in Nigeria},
    proceedings={Proceedings of the First International Conference on Computing, Communication and Control System, I3CAC 2021, 7-8 June 2021, Bharath University, Chennai, India},
    publisher={EAI},
    proceedings_a={I3CAC},
    year={2021},
    month={6},
    keywords={brand equity corporate image corporate social responsibility ethical code ethical leadership jel:m0 m10 m14},
    doi={10.4108/eai.7-6-2021.2308604}
}

Mary Shadrach OMOFOWA
Shadrach OMOFOWA
Chijioke NWACHUKWU
XuyenThi My NGUYEN
Year: 2021
Relationship Between Business Ethics and Corporate Social Responsibility of Listed Manufacturing Companies in Nigeria
I3CAC
EAI
DOI: 10.4108/eai.7-6-2021.2308604

Mary Shadrach OMOFOWA¹^,*, Shadrach OMOFOWA², Chijioke NWACHUKWU³, XuyenThi My NGUYEN⁴

1: Department of Business Administration, University of Benin, Nigeria
2: Global Business School, Nigeria
3: Horizons University Paris and Department of Financial Technologies, South Ural State University Chelyabinsk, Russia
4: Corresponding Author. Lecturer, Faculty of Business Administration, Van Lang University, Vietnam

*Contact email: maryshadrach7@gmail.com

Abstract

This study examines the impact of business ethics on corporate social responsibility. We has employed surveys conducted on 50 manufacturing companies listed on the Nigerian Stock Exchange. 236 employees participated in the study. The regression results suggest that ethical code, corporate image, ethical leadership and brand equity influences corporate social responsibility of sample manufacturing firms. Our results lend support to the role business ethics play in fostering corporate social responsibility in the emerging country context. Drawing on the stakeholder perspective, the study addresses business ethics and corporate social responsibility, thus adding to strategic management literature, especially in Nigeria. This study informs managers and stakeholders in the manufacturing sector on the importance of creating an enabling environment that encourages corporate social responsibility.

Keywords: brand equity corporate image corporate social responsibility ethical code ethical leadership jel:m0 m10 m14

Published: 2021-06-04
Publisher: EAI

: http://dx.doi.org/10.4108/eai.7-6-2021.2308604