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Recent developments have shown that firms are increasingly subjected to complex and everchanging demands in their operating environment. Such Repsonsibility can pose significant risks to the survival of businesses especially when the firm does not have a robust risk management strategy to respond to changes in its operating environment. As a result, here are increasingly developing capacities to understand and strategically respond to any risks that they may be exposed to in their operating environments Zadek, Among Replrt several strategic options available to firms is the development of capacities in Social Responsibility Strategy Report and 43 understanding the needs and Social Responsibility Strategy Report of their stakeholders Bowie and Dunfee, ; Castells, There are several business risks that firms can avoid and sustainably manage by pursuing CSR Husted, ; Reinhardt.

They found that firms with better social performance were significantly able to achieve a rise in the stock prices as a result of their positive reputations as socially responsible firms p.

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For public companies, the ability to minimise social and environmental risks through CSR can send Social Responsibility Strategy Report market signals to socially Responsibolity investors that can have a remarkable impact on share prices Vogel, ; Zadek, Firms that operate in global supply chains are exposed to risks of reputational damage that Social Responsibility Strategy Report attract stakeholder activism Millington, As Millington notes, western firms that do Sociall manage their supply chains in accordance with the minimum ethical standards are at an increased risk of not only attracting consumer boycotts, but are also at risk of attracting shareholder activism and strong government regulations.

Such actions and pressure on the southern suppliers can been achieved by collectively or unilaterally developing and enforcing compliance with various standards and codes for these southern suppliers Barrientos and Gorman, Despite its noted prevalence, company perceptions of risk and their application remain under-explored in the literature. This useful analysis stops short of mapping the linkages between risk thinking and CSR in the industry. In this paper I use interview data to analyse how mining companies framed a range of pressures and processes as different types of risk and positioned CSR activities as the central strategic response to them.

The purpose of this study is to examine the impact of corporate social responsibility as a risk management strategy, using mining industry as a case study. Specifically the study objectives are:.

More so, this study is important because it will add to the existing literature of mining firms CSR in particular on how socially responsible is the Nigerian mining firms in addressing the challenges of risk mangement. The result of this research work will aid the Nigerian mining to evaluate their level of commitment to their corporate social responsibility objectives and functions in the light of their dependency on the environment as source of inputs and market for corporate outputs.

It will also highlight the degree of neglect of government as a regulatory agent in the execution of its social responsibility duties. Social Responsibility Strategy Report There is no significant relationship between corporate social responsibility and mining firm risk Caffeine Consumption American in Nigeria. H1: There is significant relationship between corporate social responsibility and mining firm risk management in Nigeria. This study basically seeks to examine the impact of corporate social responsibility on mining firm risk management. This study is limited in scope to the mining firming industry in Nigeria from Social Responsibility Strategy Report Is a business process that a company adopts beyond its legal obligations in order to create added economic, social and environmental value to society and to minimize potential adverse effects from business activities, which includes interactions with suppliers, employees, consumers and communities in general.

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Due to informational asymmetry, disclosure of private information is imperative as it brings general gains in economic efficiency Hossain and Reaz,and it is an important instrument in the dialog between business Social Responsibility Strategy Report society Branco and Rodrigues, Generally transparency is an important aspect of good corporate governance practice and in relation to the mining firming sector.

The study is grouped Sociao five chapters. This chapter being the first gives an article source to the study.

Chapter two gives a review of the related literature. Chapter three presents the research methodology; chapter four presents the data analysis as well as interpretation and discussion of the results.

Chapter five gives a summary of findings and recommendations. Follow the steps below.

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