A STRUCTURAL MODEL FRAMEWORK OF RELATIONSHIP BETWEEN CORPORATE SOCIAL RESPONSIBILITY AND EMPLOYEE PERFORMANCE IN NIGERIAN BANKING AND MANUFACTURING INDUSTRIES
Autor (i): OLANIPEKUN, Wahid Damilola; ABDULRAHEEM, Issa; BRIMAH, Aminu Nassir
Cuvinte cheie: Corporate Social Responsibility, Sustainability, Development, Employees, Performance
Abstract:
The study examined the relationship between CSR and employee performance using a structural equation model framework. . Survey research design was used in the study. Data for this research was obtained from Primary sources through the aid of a structured questionnaire. Krejche and Morgan formular were used to estimate the sample size. 384 copies of questionnaires were administered to employees of the selected companies out of which only 305 copies were found to be useful for data analysis. The data were analyzed using descriptive statistics and inferential statistics of partial least square structural equation model (PLS-SEM). The hypothesis was tested at 0.05 alpha levels. Findings revealed that social responsibility and sustainability is the variable that best predicts the employee performance with the following values (β =.378, t= 4.388, p<.000). The next vital predictor in order of importance is the economic responsibility and sustainability (β = .227, t= 3.263, p< .000) and finally, environmental responsibility and sustainability (β = .172, t= 2.931, p< .003) is significantly related to employee performance. Based on the findings, the study concluded that CSR philosophy facilitates the unlocking of the human capital which makes significant contribution to the success of an organisation. The study recommends that organisations should pursue CSR initiative by integrating CSR strategies with their human resource policies. They must acknowledge that having a particular concern for the welfare of their employees goes a long way to boost the employee’s commitment and by extension, their performance and ultimately the growth of the organisation.
The study examined the relationship between CSR and employee performance using a structural equation model framework. . Survey research design was used in the study. Data for this research was obtained from Primary sources through the aid of a structured questionnaire. Krejche and Morgan formular were used to estimate the sample size. 384 copies of questionnaires were administered to employees of the selected companies out of which only 305 copies were found to be useful for data analysis. The data were analyzed using descriptive statistics and inferential statistics of partial least square structural equation model (PLS-SEM). The hypothesis was tested at 0.05 alpha levels. Findings revealed that social responsibility and sustainability is the variable that best predicts the employee performance with the following values (β =.378, t= 4.388, p<.000). The next vital predictor in order of importance is the economic responsibility and sustainability (β = .227, t= 3.263, p< .000) and finally, environmental responsibility and sustainability (β = .172, t= 2.931, p< .003) is significantly related to employee performance. Based on the findings, the study concluded that CSR philosophy facilitates the unlocking of the human capital which makes significant contribution to the success of an organisation. The study recommends that organisations should pursue CSR initiative by integrating CSR strategies with their human resource policies. They must acknowledge that having a particular concern for the welfare of their employees goes a long way to boost the employee’s commitment and by extension, their performance and ultimately the growth of the organisation.
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