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| Business Ethics and Social Responsibility of Textile Manufacturing Companies in Port Harcourt, Rivers State, Nigeria
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. Eketu Continue Anddison Esq. . Dr. Blessing Nwiyii Joseph . Dr. Micah Nyone Uelee
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Abstract:
The study examined the relationship between business ethics and social responsibility of Textile Manufacturing Firms in Port Harcourt. The objective of the study was to empirically investigate how business ethics relates with social responsibility of Textile Manufacturing Firms in Port Harcourt in terms of charitable responsibility and moral responsibility. The study utilized the cross-sectional exploratory survey research design. The study population involved nineteen (17) registered Textile Production Companies operating in Port Harcourt, Rivers State. By census sampling technique, the entire population became the sample as well. Concerning the respondents, the researcher picked four (4) top managers (General Manager, Operations Manager, Human Resource Manager, and Customer Relations Manager) from each of the companies. It therefore became that 68 (i.e 17*4) became the number of respondents. A total of sixty-eight (68) copies of the questionnaire were distributed to the targeted respondents. Eventually, and the researcher was able to retrieve 63 copies of the questionnaire correctly filled. The test of hypotheses was done using Spearman's Rank Order Correlation Coefficient via the Statistical Package for Social Sciences (SPSS) version 20.0. The Spearman's (rho) correlation was used to analyze the relationship between independent and dependent variables at P < 0.05 (two-tailed test). The study revealed the following: i. Business ethics and the charitable responsibility of textile manufacturing firms in Port Harcourt are strongly positively correlated, and; ii. Business ethics have a strong positive relationship with moral responsibility of Textile Manufacturing Firms in Port Harcourt. The research came to the conclusion that social responsibility, particularly in terms of moral responsibility and charitable responsibility, is strongly promoted by the application of business ethics to business operations. The study, among others, recommended that management should endeavour to ensure that they adhere to ethical practices and comply to standards in their dealings with internal and external stakeholders, as this will promote social responsibility that will in turn increase repeat patronage and customer base.
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