STAKEHOLDER THEORY AND THE CONCEPT OF CORPORATE SOCIAL RESPONSIBILITY
Authors:
EKUNDAYO Veronica
Publication Type: Journal article
Journal:
ISSN Number:
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Abstract
Shareholder Theory (SHT) in many countries the world over including Nigeria determines the
strides of the socio-economic advancements of such nation states. The main purpose of SHT and
CSR is that, corporations should aim at satisfying as far as possible the objectives of all
stakeholders. To what extent the adoption of the SHT and CSR in Nigeria has impacted the life
style of the target audience - the host communities to such business enterprises has formed the
subject matter of this academic discuss. It is therefore the intendment of this work to assess the
SHT in the light of CSR with a view to ascertaining its effectiveness as a success tool. Subsequent
recommendations would be made for universal use.