Title: Firm Characteristics and Corporate Social Responsibility Practices inNigerian Listed Firms: An Empirical Investigation
Abstract:In recent past, Corporate Social Responsibility has been a fundamental subject of
discussion in academic literatures because of its vital contribution to sustainable development. In
line with this a...In recent past, Corporate Social Responsibility has been a fundamental subject of
discussion in academic literatures because of its vital contribution to sustainable development. In
line with this assertion, this study assessed the corporate social responsibility (CSR) performances
of listed companies on the Nigerian Stock Exchange (NSE). A cross-sectional research design was
adopted for the study and secondary data compiled from the annual reports of those companies were
used for the analysis. The study employed multiple regression estimation technique to analyse the
CSR ratings of sixteen (16) companies used as the basis of investigation. The study found that while
market capitalization had a positive significant relationship with corporate social responsibility
practice, period of existence on the listing of Nigerian Stock Exchange had a negative relationship.
Also, the industrial goods sector had a positive significant relationship with CSR practice while the
oil and gas sector had a significant negative relationship. It is therefore recommended that activist
groups, NGOs and community leaders should be more dynamic to challenge organizations to do
more for their communitiesRead More
Publication Year: 2017
Publication Date: 2017-03-01
Language: en
Type: article
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