Corporate Social Responsibility and Organizational Survival of Oil and Gas Companies in Rivers State

Splendorpeace Dunbo Agara 1
1Department of Business Management, Faculty of Administration and Management, Rivers State University, Port Harcourt, Nigeria.

International Journal of Management and Operations Research (IJMOR)
Volume 1, Issue 1, Pages 23 - 41
Published: 28 August 2025

Abstract

This study investigated the relationship between corporate social responsibility (CSR) and the organizational survival of oil and gas companies in Rivers State. Specifically, it assessed how ethical, environmental, and economic responsibilities influence organizational survival through enhanced financial commitment and improved corporate reputation. The study was underpinned by Stakeholder Theory and Equity Theory. The target population comprised five leading multinational oil and gas producing companies operating in Rivers State. Data were obtained from 146 managerial staff across these organizations using a semi-structured questionnaire based on a five-point Likert scale ranging from very low extent to very high extent. Spearman rank correlation was employed for data analysis using Statistical Package for Social Sciences (SPSS) version 23.0. The findings revealed positive and significant relationships between environmental responsibility, economic responsibility, and ethical responsibility and the corporate reputation of the selected multinational oil and gas companies in Rivers State. The study concluded that CSR practices significantly enhance the organizational survival of oil and gas producing companies in the region. It recommended that oil and gas companies adopt and strengthen CSR initiatives as a strategic tool to ensure long-term sustainability and organizational resilience.

Keywords:
Corporate Social Responsibility Organizational Survival Ethical Responsibility Environmental Responsibility Economic Responsibility Corporate Reputation Oil and Gas Companies
APA Referencing Format

Agara, S. D. (2025). Corporate Social Responsibility and Organizational Survival of Oil and Gas Companies in Rivers State. International Journal of Management and Operations Research (IJMOR), 1(1), 23-41.

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