Corporate Social Responsibility in State Owned Organizations: A Case Study of Volta River Authority
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UniMAC - GIJ
Abstract
The concept that businesses have obligations beyond profit and should offer social and environmental value (Crane et al., 2019) has been extensively acknowledged and incorporated into the strategies of a wide range of enterprises around the world, particularly in the last two decades. Corporate social responsibility (CSR) has been slowly gaining traction in poor and underdeveloped countries over the last two to three decades (Potluri, Ullah, Johnson, 2020). However, little is mentioned of CSR activities amongst government enterprises. The objectives of the study were to ascertain whether corporate social responsibilities is integrated into Volta River Authority. It also seeks to determine the practices being executed in Volta River Authority with respect to CSR. Thirdly, it sought to assess the impact Volta River Authority’s corporate social responsibilities have on communities. It ended by determining the challenges of Volta River Authority in practicing its corporate social responsibility. From the study, it was established that, CSR plays a critical role in the development of communities in which these companies find themselves.
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