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THE IMPACT OF ECONOMIC RESPONSIBILITY AND SOCIAL RESPONSIBILITY ON ORGANIZATIONAL SURVIVAL IN CONSTRUCTION COMPANIES IN SOUTH-SOUTH NIGERIA


Kormane Fun-Akpo Pere , Dr. Adekemi D. Alagah, Prof. Clifford O. Ofurum
management, University of Port Harcourt Business School
Abstract
This study empirically investigated the relationship between economic responsibility and social responsibility on Organizational Survival in construction companies in South-South Nigeria. From a finite population of 320, a sample of 175 was derived. For data analyses, descriptive statistics were utilized alongside univariate analyses and multivariate analyses. For the test of hypotheses, Pearson Moment correlation was used alongside partial correlation for testing the stated null hypotheses. From our findings, both economic responsibility and social responsibility had a significant relationship with Organizational Survival. The study recommended that firms should continually allocate a specific percentage of their profit toward the development of economic activities within their host communities. This could come in form of employment, scholarships, empowerment, etc.
Keywords: Sustainability, Economic, Social, Sustainability, Construction
Journal Name :
EPRA International Journal of Socio-Economic and Environmental Outlook(SEEO)

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Published on : 2022-10-19

Vol : 9
Issue : 10
Month : October
Year : 2022
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