CORPORATE SOCIAL RESPONSIBILITY (CSR) PRACTICES OF BUSINESS ORGANIZATIONS IN SOUTH WOLLO REGION - ETHIOPIA

Abstract

Corporate Social Responsibility (CSR)is the commitment of business to contribute to sustainable economic development – working with employees, their families, the local community and society at large to improve the quality of life for the business and public. In Ethiopia, companies are spending portion of profit for developing the society and corporate under different verticals. This paper highlights the demographic and company characteristics of corporate social activities performed by the organizations in the areas of Employee, Community, Environment, Customer and Suppliers. To meet these objectives, a- stratified-random sampling design was used, followed by proportionate technique. The primary data were collected from the merchandising; manufacturing and service render business organizations. To keep representativeness of the sample units, 142 business organizations were chosen based on the category A Tax payers. The data collected are analyzed by using Simple percentage and Likert scaling techniques to find out the participating companies in CSR activities. Thus the paper concludes that CSR contributions relating to community are more compare to other activities like environmental protection, customer and supplier support, employee motivation and social development.