Corporate social responsibility practices and financial performance of manufacturing firms in special zone, administration of Oromia surrounding Finfinne: a case of Sebeta and Gelan Town

The paper examine attitude of managers, employees and local communities towards CSR practices. We used structured questionnaire to secure data from respondents. We find that manufacturing firms surveyed have not properly carried out CSR activities especially in waste management. Public owned manufacturing firms are found to be more responsive to communities CSR activities than foreign owned and private owned firms in the study area. Furthermore, larger firms are more responsive to CSR than smaller ones and socially responsible firms are found to be financially successful than others. The more manufacturing firms exert responsibility on CSR the better their financial performance.