Effect Of Corporate Social Responsibility On The Financial Performance Of Firms In Nigeria (A Study Of Zenith Bank Nigeria Plc)
ABSTRACT
The study examined the effect of corporate social responsibility on the financial performance
of firms in Nigeria (A study of Zenith Bank Nigeria Plc). The study created 3 specific
objectives and the model used was an ex-post facto model. The study uses secondary data for
the collection of data only. The data used are extracted from the annual reports of Zenith
Bank Nigeria PLC, and the data is for the period of 5years ranging 2012-2016.The study
found that corporate social responsibility cost has a significant effect on return on asset
,return on equity, and profit after tax. The study therefore recommends that firms should be
made to consider corporate social responsibility as an investment, thus, it helps a company's
reputation by creating a positive image in the mind of customers. The government should
through the regulatory authorities, compel financial institutions to embark on corporate social
responsibility.
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OSUOCHA, O (2021). Effect Of Corporate Social Responsibility On The Financial Performance Of Firms In Nigeria (A Study Of Zenith Bank Nigeria Plc). Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-corporate-social-responsibility-on-the-financial-performance-of-firms-in-nigeria-a-study-of-zenith-bank-nigeria-plc-7-2
ONYINYECHI, OSUOCHA. "Effect Of Corporate Social Responsibility On The Financial Performance Of Firms In Nigeria (A Study Of Zenith Bank Nigeria Plc)" Mouau.afribary.org. Mouau.afribary.org, 04 Jun. 2021, https://repository.mouau.edu.ng/work/view/effect-of-corporate-social-responsibility-on-the-financial-performance-of-firms-in-nigeria-a-study-of-zenith-bank-nigeria-plc-7-2. Accessed 31 Oct. 2024.
ONYINYECHI, OSUOCHA. "Effect Of Corporate Social Responsibility On The Financial Performance Of Firms In Nigeria (A Study Of Zenith Bank Nigeria Plc)". 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-on-the-financial-performance-of-firms-in-nigeria-a-study-of-zenith-bank-nigeria-plc-7-2 >.
ONYINYECHI, OSUOCHA. "Effect Of Corporate Social Responsibility On The Financial Performance Of Firms In Nigeria (A Study Of Zenith Bank Nigeria Plc)" Mouau.afribary.org (2021). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-corporate-social-responsibility-on-the-financial-performance-of-firms-in-nigeria-a-study-of-zenith-bank-nigeria-plc-7-2