Leadership Style, Business Information Use and Corporate Social Responsibility Practice in Credit Direct Limited Lagos State, Nigeria

Abstract

A survey research design was used for this study. The population comprised Two hundred and fifty-six (256) staff of Credit Direct Limited, Lagos State. Total enumeration was used. A self-designed structured questionnaire was used to collect the data. Cronbach’s alpha reliability coefficient was used to test the reliability of the research instrument. Data analysis was done using descriptive statistics. The findings revealed that both leadership style and business information use have positive influence on corporate social responsibility practice in Credit Direct Limited, Lagos State (R2 = H3: R = .253; R2 = .064; Adjusted-R2 = .056; F (2, 8.631); Sig. = 0.000). the level of corporate social responsibility practice is high, for leadership style, transformational leadership was highly used and finally business information was highly used. The study concluded that corporate social responsibility practice in the organization will be enhanced if there is a significant improvement in her leadership style and business information use. The study recommended that the management of credit direct limited, Lagos state should improve their level of corporate social responsibility through adequate utilization of business information available to them, the leadership style that encourages CSR practice should be adopted and they should also improve on their corporate philanthropy which will enhance the image of the organization.