Performance Rating of Selected IOCs on Corporate Social Responsibility to their Host Communities in Rivers state, Nigeria

Corporate Social Responsibility is the mandate of organizations to contribute to sustainable development in their area of operations working with employee, the local community and society at large to improve the quality of life their host communities.Study examined theperformance rating of SPDC, Total E&P Ltd and AGIP on Corporate Social Responsibility to their host communities in Rivers State.Cross sectional survey method was deployed in this study.Sample population was the host communities of SPDC and AGIP in Obio/Akpor and of Total E &P Ltd in Ogba/ Egbema/Ndoni Local government.Taro Yamane formula was deployed to get the sample size.Primary and Secondary sources of data was utilized.About (519) copies of questionnaire leaflets were administered, designed for closed and open ended questions.Analytical technique was ANNOVA and Spearman Correlation Coefficient.Questionnaire information was collated by means of rank order statistics liket scale and simple percentages.Overall performance rating showed the companies provision of infrastructural facilities as low, but that TOTAL E&P Ltd was rated high by ( 70) respondents (41%), followed by SPDC ( 50) respondents (27%) and AGIP with ( 46) respondents (27%).However, the weighted mean of 3.70 shows that Total E&P Ltd has stronger relationship with their host community.More so, the weighted mean of 3.74 shows that Total E&P Ltd has provided or assisted to develop thehost community they operate by provisions of more social amenities.Study also found that the relationship between the companies and their host communities may be good but not mutual or cordial, because the community lack the trust on the management of the companies to deliver on the core mandate of Corporate Social Responsibilities.Study suggests the gaining back of lost trust on company by host communities as well as host community's representatives avoiding corruption and greed.Strengthening policies of government on Corporate Social Responsibility through legislations which are weak and obsolete.Study recommends the ways to improve good relationship with host communities and the companies, as community involvement in company's decision making process; Company's transparency in the carrying out of their operational activities in the communities.