NDLI: Corporate Social Responsibility and Firms’ Financial Performance: A Study of Nigerian Consumer Goods Companies

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Corporate Social Responsibility and Firms’ Financial Performance: A Study of Nigerian Consumer Goods Companies

Content Provider	Scilit
Author	Emamoke, Jarikre Victor Omodero, Cordelia Onyinyechi
Copyright Year	2021
Abstract	The study is based on corporate social responsibility and financial performance of companies in Nigeria. The study focuses on the issues and ideologies that surround the practices of corporate social responsibility by consumer goods companies in Nigeria. The main objective of the study is to explore the impact of corporate social responsibility on profit after tax, earnings per share and net asset per share of listed consumer goods companies in Nigeria. The study adopts ex-post facto research design. Data were collected from financial reports of five listed consumer goods companies in Nigeria for a period of 5 years from 2015 to 2019. The financial reports and the hypotheses were statistically analysed using the panel data regression analysis. The results revealed a positive but insignificant effect of corporate social responsibility on profit after tax, earnings per share and net asset per share. According to the findings of the study, corporate social responsibility requires more attention and commitment from corporations because it ensures benefits other than profits which in the end boost financial performance.
Related Links	https://www.sciendo.com/pdf/10.2478/eb-2021-0016
Ending Page	248
Page Count	20
Starting Page	229
ISSN	22560386
e-ISSN	22560394
DOI	10.2478/eb-2021-0016
Journal	Economics and Business
Issue Number	1
Volume Number	35
Language	English
Publisher	Walter de Gruyter GmbH
Publisher Date	2021-01-01
Access Restriction	Open
Subject Keyword	Economics and Business Applied Ethics Social Responsibility Corporate Social Listed Companies in Nigeria Consumer Goods Companies Journal: Economics and Business, Issue- s1
Content Type	Text
Resource Type	Article

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

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