Corporate Social Responsibility and Performance of Nigerian Quoted Firms: An Empirical Study

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dc.contributor.authorOkolie, Ugo Chuks
dc.contributor.authorIgbini, Daniel Mevayerore
dc.coverage.issue35cs
dc.coverage.volumeXIVcs
dc.date.accessioned2020-09-01T08:04:13Z
dc.date.available2020-09-01T08:04:13Z
dc.date.issued2020-07-01cs
dc.description.abstractPurpose of the article: To examines the effect of corporate social responsibility on performance of Nigerian quoted firms. Methodology/methods: The study applies the survey research method, carrying out a crosssectional analysis of one hundred and fifty (150) firms quoted on the Nigerian Stock Exchange. The model was specified and analysed using the binary logistic regression analysis. Scientific aim: To examine the effect of corporate social responsibility on firm profitability, to evaluate the effect of corporate social responsibility on return on equality, and to assess the effect of corporate social responsibility on market success in Nigeria. Findings: The results revealed that corporate social responsibility (CSR) exerts a positive and statistically significant effect on firm profitability (PF), return on equity (ROE) and market success (MS) in Nigeria. Conclusions: Based on the findings, we concluded that corporate social responsibility (CSR) has a significant influence on firm profitability (PF), return on equity (ROE) and market success (MS). Thus, the study recommends among others that corporate firms in Nigeria should intensify efforts to increase their commitment to social responsibility in order to create good image in the mind of their host communities.en
dc.formattextcs
dc.format.extent79-94cs
dc.format.mimetypeapplication/pdfen
dc.identifier.citationTrendy ekonomiky a managementu. 2020, XIV, č. 35, s. 79-97. ISSN 1802-8527.cs
dc.identifier.doi10.13164/trends.2019.35.79cs
dc.identifier.issn1802-8527
dc.identifier.urihttp://hdl.handle.net/11012/195031
dc.language.isoencs
dc.publisherVysoké učení technické v Brně, Fakulta podnikatelskács
dc.relation.ispartofTrendy ekonomiky a managementucs
dc.relation.urihttps://trends.fbm.vutbr.cz/index.php/trends/article/view/trends.2020.35.79cs
dc.rightsCreative Commons Attribution 4.0 International licensecs
dc.rights.accessopenAccessen
dc.rights.urihttp://creativecommons.org/licenses/by/4.0en
dc.subjectcorporate social responsibilityen
dc.subjectperformanceen
dc.subjectfirm profitabilityen
dc.subjectreturn on equityen
dc.subjectmarket successen
dc.titleCorporate Social Responsibility and Performance of Nigerian Quoted Firms: An Empirical Studyen
dc.type.driverarticleen
dc.type.statusPeer-revieweden
dc.type.versionpublishedVersionen
eprints.affiliatedInstitution.facultyFakulta podnikatelskács
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Číslo 35, ročník XIV