The Role of Corporate Social Responsibility Practices on Community Development: A Case in Addis Ababa Housing Development Corporation
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Date
2021-07
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A.A.U
Abstract
The aim of this study was to examine the role of corporate social responsibility practice on community development in the case of Addis Ababa city administration housing development Corporation. Both descriptive and explanatory research approach were used. The targeted population was 712 employees of Housing Development Corporation and from the total population 256 samples was drawn. In this study quantitative research methods was applied. The method used was a simple random sampling technique. This study used questionnaires as a tool of data collection. The study used two separate instruments corporate social responsibility assessment instrument and community development survey were used. In order to measure the validity and reliability of the instrument pilot test was used. In order to test the reliability of the instrument, the crobanch alpha test was used. The collected data has been entered, edited and analyzed using Statistical Package for Social Science (SPSS) version 26. Pearson correlation and multiple linear regression analysis were employed to estimate the causal relationships between corporate social responsibility and community development. The collected data from the respondents were analyzed using test techniques are descriptive statistics and inferential statistics such as, correlation and regression. The findings of the study showed that legal responsibility was the dominant corporate social responsibility in Housing Development Corporation. The effect of each independent variable was statistically significant. All independent variables such as philanthropic, ethical, legal, and economical responsibility had a positive effect on community development. The overall finding of this study suggests that corporate social responsibility play an important role in determining community development. So, the leaders‘ of Housing Development Corporation should improve the level of community development, and retain them through actually practicing an effective type of corporate social responsibility practices and creating conducive environment for the community. The study recommends that the corporation should be concerned about compatibility of formalized and structured place to the community. The corporation should revise periodically the rules and policies of CSR by participating and discussing with peoples of the community and employees in the corporation.
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Keywords
corporate social responsibility, philanthropic responsibility