The Impact of Corporate Social Responsibility (CSR) Initiatives on Community Development in Cameroon
Keywords:
CSR, Community Development, Dispute Resolution, Alternative Means, ImpactAbstract
The origin of CSR can be traced back to the 1950s and 1960s, when scholars and activists began questioning the social and environmental impacts of corporate activities. Influential figures such as Howard R.Bowen, known as the “father of CSR,” highlighted the social responsibilities of businesses in his book “Social Responsibilities of the Businessman” published in 1953[i]. He argued that, companies should consider the interest of stakeholders, including employees, customers, communities, and the environment. Throughout the latter half of the 20th century, CSR gained increasing attention due to several factors. The impact of corporate social responsibility (CSR) initiatives on community development in Cameroon is an important and complex issue that warrants further investigation. While many businesses in Cameroon engage in CSR activities, the effectiveness and long-term impact of these initiatives on community development outcomes remain unclear, consequently bringing in a need to examine the extent to which CSR initiatives contribute to community development in Cameroon. Businesses find it hard to engage, involve, and build trust with relevant stakeholders, including community members, local organizations, and government agencies which are all crucial for the success of CSR initiatives which positively impact community development. As an addendum to this is the fact that understanding local customs, traditions, and power dynamics is essential for making CSR initiatives that are culturally sensitive and socially acceptable. Failure by businesses to take into consideration these factors when drafting initiatives can lead to them becoming ineffective and even detrimental to the community’s development. A deep dive into a cross section of verified literature in this area by employing the analytical techniques method confirmed the worry that CSR requires much attention in the local business environment to help facilitate businesses and resolve business disputes rapidly. Building stronger and better communities requires a collective effort from businesses, governments, and individuals. Corporate social responsibility plays a pivotal role in this process by enabling companies to leverage their resources, expertise, and influence for the greater good.
[i] https://uipress.uiowa.edu , accessed 15/04/2024 Howard R. Bowen (1953), Social responsibility of the business man.
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