Published Online:December 2025
Product Name:The IUP Journal of Entrepreneurship Development
Product Type:Article
Product Code:IJED051225
DOI:10.71329/IUPJED/2025.22.4.83-105
Author Name:Saidu Nasiru Sulaiman
Availability:YES
Subject/Domain:Management
Download Format:PDF
Pages:83-105
The paper seeks to create a new theoretical outlook that corporate social responsibility (CSR) is corporate philanthropy and highlights how CSR can help in achieving United Nations’ Sustainable Development Goals (SDGs) that targeted inclusive entrepreneurship. The paper adopts a mixed-methods design, using qualitative archival data from MTN foundation database and survey data, to achieve its objectives. The findings indicate that MTN Nigeria has been committing 1% of its profit after tax (PAT) yearly to finance projects as part of its CSR initiatives in Nigeria, which validates the proposition that CSR is corporate philanthropy. The paper contributes to the literature by defining CSR as philanthropic responsibility via reformulating and extending Carroll’s (1991) pyramid of CSR. The responsibility of business in the society has been categorized in a new way such as economic responsibility as Corporate Natural Responsibility (CNR), legal responsibility as Corporate Obligatory Responsibility (COR) and ethical responsibility as Corporate Required Responsibility (CRR), besides philanthropic responsibility as Corporate Social Responsibility (CSR).
The paper aims to create a new theoretical outlook that corporate social responsibility (CSR) is corporate philanthropy. The paper also aims to highlight the role of CSR in achieving the United Nations Sustainable Development Goals (SDGs) that targeted inclusive entrepreneurship,