ABSTRACT
Corporate social responsibility has become the central focus
in examining the relationship between business organizations and the society.
This study was carried out to empirically examine the effect of corporate
social responsibility on the marketing performance of Dangote Flourmills
Nigeria Plc. Five (5) research question was formulated that guided the study.
The data used for this study was gotten from the annual report of Dangote
Nigeria Plc from the year 2006 -2015. Subsequently, the data were analyzed using
descriptive (charts,) and inferential (simple regression and correlation
models) statistics. From the trend analysis carried out the result shows that
Profit had a steady increase all through the years apart from 2011 when there
was a slight decrease. Sales had a steady growth and kept increasing at a
moderate and steady pace in the year apart form 2011 when there was a slight
decrease. The company market share had a steady increase throughout the years,
the market share grew from 36% to 64%. Shareholders wealth was increasing at a
steady pace through the years but there was a little drop in the year 2008 and
2014. From the regression analysis carried out the result shows that the
coeffient of corporate social responsibility was significant at 1 percent level
with positive sign, the coefficient of corporate social responsibility was
significant at 5 percent level with positive sign. The coefficient of corporate
social responsibility was significant at 1 percent level with positive sign.
The coefficient of corporate social responsibility was significant at 1 percent
level with positive sign. The results of the correlation shows a very strong
and positive correlation of r 0.745 implying that 74.5% of changes in corporate
social responsibility was influenced by profit and was significant at 5% level.
The result further showed that a very strong and positive correlation of r =
0.789 implying that 78.9% of changes in corporate social responsibility was
influenced by sales and was significant at 1% level. The result showed that a
very strong and positive correlation of r = 0.741 implying that 74.1% of
changes in corporate social responsibility was influenced by Market Share and
was significant at 1% level. Based on the finding of the study recommendations
were made. For business corporations to dominate in the market place they
should formulate financial polices not only for strategic purpose and
profitability prospective but also giving benefit to all stakeholder
environment, society and economy by investing in corporate social
responsibility practices; Company must keeping in view the future need of
financial capital and availability of slack resources and then funding in
corporate social responsibility practices; Corporations that have a sustainable
financial position should invest in corporate social responsibility activities
and should reserve fund to meet the future uncertainties' and investments
projects; Moreover in order to continue the corporation participation in social
responsility activities on a regular basis, companies should be providing
financial reports about these pItices. This will help corporations to continue
corporate social responsibility practices by mean of awards and improving their
investment rating. This will boost up the profitability of corporations.
NWOSU, R (2021). Effect Of Corporate Social Responsibility On The Marketing Performance Of Dangote Flourmill, Nigeria. Mouau.afribary.org: Retrieved Dec 23, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-corporate-social-responsibility-on-the-marketing-performance-of-dangote-flourmill-nigeria-7-2
RACHAEL, NWOSU. "Effect Of Corporate Social Responsibility On The Marketing Performance Of Dangote Flourmill, Nigeria" Mouau.afribary.org. Mouau.afribary.org, 23 Nov. 2021, https://repository.mouau.edu.ng/work/view/effect-of-corporate-social-responsibility-on-the-marketing-performance-of-dangote-flourmill-nigeria-7-2. Accessed 23 Dec. 2024.
RACHAEL, NWOSU. "Effect Of Corporate Social Responsibility On The Marketing Performance Of Dangote Flourmill, Nigeria". Mouau.afribary.org, Mouau.afribary.org, 23 Nov. 2021. Web. 23 Dec. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-corporate-social-responsibility-on-the-marketing-performance-of-dangote-flourmill-nigeria-7-2 >.
RACHAEL, NWOSU. "Effect Of Corporate Social Responsibility On The Marketing Performance Of Dangote Flourmill, Nigeria" Mouau.afribary.org (2021). Accessed 23 Dec. 2024. https://repository.mouau.edu.ng/work/view/effect-of-corporate-social-responsibility-on-the-marketing-performance-of-dangote-flourmill-nigeria-7-2