Abstract:
Based on stakeholders’ theory, this study examined the practice of corporate social
responsibility by manufacturing companies in Nigeria. It employed survey research design to
study 15 randomly selected companies in the food and beverages sector. A total of 225
questionnaires were administered to collect data. Data analysis revealed that CSR is a familiar
concept in the sector as most of the companies do engage in CSR activities regularly. The
major areas of focus of the CSR activities include Education and Youth Development/Sport,
among others. However, the study revealed that the proportion of Turnover invested in CSR is
negligible. The hypothesis tested also corroborated this fact as the result of the test indicated
no significant relationship between turnover and CSR investments. The major
recommendation is that Nigerian manufacturing organizations should review their CSR
policies to ensure that they are not just socially responsible, but to be seen so by the public.
