Effect Of Corporate Social Responsibility Cost On The Profitability Of Firms In Nigeria. (A Study Of Selected Firms In Aba, Abia State (2003-2013))

ANALABA NWOKEDI VICTOR | 75 pages (13633 words) | Projects

ABSTRACT


This study examined the effect of cooperate social responsibility on the profitability of firms

in Nigeria using times series data from 2003 to 2013. The secondary data collected from the

selected firms' Financial Annual Reports and Nigeria Stock Exchange Fact Book 2012/2013

was analyzed and hypothesis tested using multiple regression analysis. The overall

significance of the model is showed in the table (significant = 382.250, 453.226, 40.028,

162.733 p<.Ol). This means that there is a significant relationship between corporate social

responsibility and profitability companies in Nigeria.

Also the study indicates that Return on Capital Employed had a significant and positive

impact on return on asset while Return on Equity and Return on asset ratio had a positive and

significant effect on Profit after tax. From the aforementioned relationship, this research

recommends that cooperate social responsibility will accelerate the overall performance and

profitability of firms in Nigeria. This among other things include; effective and sustainable

customer care and Environmental awareness capable of ensuring growth and development in

both the firms and environment they find themselves in should be adopted.

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APA

ANALABA, V (2021). Effect Of Corporate Social Responsibility Cost On The Profitability Of Firms In Nigeria. (A Study Of Selected Firms In Aba, Abia State (2003-2013)). 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-firms-in-aba-abia-state-2003-2013-7-2

MLA 8th

VICTOR, ANALABA. "Effect Of Corporate Social Responsibility Cost On The Profitability Of Firms In Nigeria. (A Study Of Selected Firms In Aba, Abia State (2003-2013))" Mouau.afribary.org. Mouau.afribary.org, 04 Jun. 2021, https://repository.mouau.edu.ng/work/view/effect-of-corporate-social-responsibility-cost-on-the-profitability-of-firms-in-nigeria-a-study-of-selected-firms-in-aba-abia-state-2003-2013-7-2. Accessed 31 Oct. 2024.

MLA7

VICTOR, ANALABA. "Effect Of Corporate Social Responsibility Cost On The Profitability Of Firms In Nigeria. (A Study Of Selected Firms In Aba, Abia State (2003-2013))". Mouau.afribary.org, Mouau.afribary.org, 04 Jun. 2021. 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-firms-in-aba-abia-state-2003-2013-7-2 >.

Chicago

VICTOR, ANALABA. "Effect Of Corporate Social Responsibility Cost On The Profitability Of Firms In Nigeria. (A Study Of Selected Firms In Aba, Abia State (2003-2013))" Mouau.afribary.org (2021). 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-firms-in-aba-abia-state-2003-2013-7-2

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