Strategic Roles of Business, Government and Society: The Nigerian Situation

This study analyzed the strategic roles of business organizations and government in relation to the society and explored the theoretical and conceptual framework of the relationship existing among them. The Nigerian situation was examined through the citation of cases and incidences. It was discovered that corporate organizations in Nigeria, for now, are gradually stepping up an aspect of Corporate Social Responsibility (CSR) – philanthropy, while government is believed to be paying lips service in enforcing appropriate rules on business organizations especially as regards the sustainability concept since business organizations still degrade the environment. Recommendation was made that business organizations should engage more in the real art of CSR which includes observing the ethics of business and corporate governance; while government must ensure that the role of civil society organizations is enabled to allow the society act as watch dog.