Effect of Corporate Social Responsibility Cost on the Profitability of Firms in Nigeria (A Study of Selected Finns in Aba, Ahia State 2003- 2013):- Analaba, Nwokedi V.
ABSTRACT
The study examined the effect of cooperate social
responsibility on the profitability of finns igeria using times series data
from 2003 to 2013. The secondary data collected from the cted firms' Financial
Annual Reports and Nigeria Stock Exchange Fact Book 2012/2013 [ analyzed and
hypothesis tested using multiple regression analysis. The overall ificance of
the model is showed in the table (significant = 382.250, 453.226, 40.028, .733
p<.01). This means that there is a significant relationship between
corporate social , pons t i h b e ili s t t" y ud an y d in p d ro ic fi a
t t a e b s il t ·i h ty at co R m etu pa rn nie o s n in C N ap ig it e a r l
ia E . mployed had a significant and positive act on return on asset while
Return on Equity and Return on asset ratio had a positive and i ft cant effect
on Profit after tax. From the aforementioned relationship, this research
ommends that cooperate social responsibility will accelerate the overall
perfonnance and fitability of firms in Nigeria. This among other things
include; effective and sustainable {tomer care and Environmental awareness
capable of ensuring growth and development in h the firms and environment they
find themselves in should be adopted.
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ANALABA, V (2023). Effect of Corporate Social Responsibility Cost on the Profitability of Firms in Nigeria (A Study of Selected Finns in Aba, Ahia State 2003- 2013):- Analaba, Nwokedi V.. Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-corporate-social-responsibility-cost-on-the-profitability-of-firms-in-nigeria-a-study-of-selected-finns-in-aba-ahia-state-2003-2013-analaba-nwokedi-v-7-2
VICTOR, ANALABA. "Effect of Corporate Social Responsibility Cost on the Profitability of Firms in Nigeria (A Study of Selected Finns in Aba, Ahia State 2003- 2013):- Analaba, Nwokedi V." Mouau.afribary.org. Mouau.afribary.org, 27 Nov. 2023, https://repository.mouau.edu.ng/work/view/effect-of-corporate-social-responsibility-cost-on-the-profitability-of-firms-in-nigeria-a-study-of-selected-finns-in-aba-ahia-state-2003-2013-analaba-nwokedi-v-7-2. Accessed 31 Oct. 2024.
VICTOR, ANALABA. "Effect of Corporate Social Responsibility Cost on the Profitability of Firms in Nigeria (A Study of Selected Finns in Aba, Ahia State 2003- 2013):- Analaba, Nwokedi V.". Mouau.afribary.org, Mouau.afribary.org, 27 Nov. 2023. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-corporate-social-responsibility-cost-on-the-profitability-of-firms-in-nigeria-a-study-of-selected-finns-in-aba-ahia-state-2003-2013-analaba-nwokedi-v-7-2 >.
VICTOR, ANALABA. "Effect of Corporate Social Responsibility Cost on the Profitability of Firms in Nigeria (A Study of Selected Finns in Aba, Ahia State 2003- 2013):- Analaba, Nwokedi V." Mouau.afribary.org (2023). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-corporate-social-responsibility-cost-on-the-profitability-of-firms-in-nigeria-a-study-of-selected-finns-in-aba-ahia-state-2003-2013-analaba-nwokedi-v-7-2