{"title":"ENVIRONMENTAL SENSITIVITY AND THE PERFORMANCE OF CORPORATE ORGANISATIONS IN DEVELOPING COUNTRIES: EVIDENCE FROM WEST AFRICA","authors":"K. Nwagu","doi":"10.47509/jdef.2023.v04i01.07","DOIUrl":null,"url":null,"abstract":"this study was carried out to analyse the impact of environmental sensitivity on corporate organisations in developing countries, evidence from West Africa. The study employed the survey research design which data used for analysis were elicited through the use of questionnaire. The result obtained from study revealed that there is a negative effect of Environmental Sensitivity (ENS) on performance of corporate organizations. This is evidenced by coefficient value of -0.099. Statistically, the Sig. value of 0.037 is lower than the acceptable significance value of 0.05. Following the empirical result, Environmental Sensitivity (ENS) is found to have negative but significant effect on performance of corporate organizations. Our finding of insignificant influence is in line with Bhattachar yya (2015) which posits that Corporate Social Responsibility (CSR) Practices reforms that emphasis pooling mechanism, especially environmental sensitivity is therefore required in developing countries. The study therefore recommends advocacy for strategic focus in environmental sensitivity practices by organization and the use of experts where necessary.","PeriodicalId":441554,"journal":{"name":"JOURNAL OF DEVELOPMENT ECONOMICS AND FINANCE","volume":"17 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"JOURNAL OF DEVELOPMENT ECONOMICS AND FINANCE","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.47509/jdef.2023.v04i01.07","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
this study was carried out to analyse the impact of environmental sensitivity on corporate organisations in developing countries, evidence from West Africa. The study employed the survey research design which data used for analysis were elicited through the use of questionnaire. The result obtained from study revealed that there is a negative effect of Environmental Sensitivity (ENS) on performance of corporate organizations. This is evidenced by coefficient value of -0.099. Statistically, the Sig. value of 0.037 is lower than the acceptable significance value of 0.05. Following the empirical result, Environmental Sensitivity (ENS) is found to have negative but significant effect on performance of corporate organizations. Our finding of insignificant influence is in line with Bhattachar yya (2015) which posits that Corporate Social Responsibility (CSR) Practices reforms that emphasis pooling mechanism, especially environmental sensitivity is therefore required in developing countries. The study therefore recommends advocacy for strategic focus in environmental sensitivity practices by organization and the use of experts where necessary.