Effects Of Corporate Social Responsibility Costs On The Financial Performance Manufacturing Firms In Nigeria (A Study Of Pz Cusson Nigeria Plc)
ABSTRACT
The main objective of this study
is to determine the effects of corporate social responsibility costs on the
financial performance manufacturing firms in Nigeria using PZ Cusson Nigeria
Plc, as a reference point. Ex-post factor research design was adopted for the
study. Data for this work was sourced using secondary sources, Time series data
were generated from the PZ Cusson Nigeria Plc annual report from 2009-2018. The
data collected was analyzed using the simple regression model. The study found
out that corporate social responsibility cost has a significant positive effect
on turnover of manufacturing firms in Nigeria and that corporate social
responsibility cost has a significant positive effect on profit after tax of
manufacturing firms in Nigeria. The study conclude that corporate social
responsibility has positive effect on the financial performance on of
manufacturing firms in Nigeria using PZ Nigeria PLC. Hence the need for manufacturing
companies to be more corporate socially responsible and therefore recommends
that manufacturing firms in Nigeria should increase their corporate social
responsibility cost so as to attract more sales and patronage from their
immediate and remote communities.
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NWAUZO, A (2021). Effects Of Corporate Social Responsibility Costs On The Financial Performance Manufacturing Firms In Nigeria (A Study Of Pz Cusson Nigeria Plc). Mouau.afribary.org: Retrieved Nov 27, 2024, from https://repository.mouau.edu.ng/work/view/effects-of-corporate-social-responsibility-costs-on-the-financial-performance-manufacturing-firms-in-nigeria-a-study-of-pz-cusson-nigeria-plc-7-2
ADAEZE, NWAUZO. "Effects Of Corporate Social Responsibility Costs On The Financial Performance Manufacturing Firms In Nigeria (A Study Of Pz Cusson Nigeria Plc)" Mouau.afribary.org. Mouau.afribary.org, 23 Jul. 2021, https://repository.mouau.edu.ng/work/view/effects-of-corporate-social-responsibility-costs-on-the-financial-performance-manufacturing-firms-in-nigeria-a-study-of-pz-cusson-nigeria-plc-7-2. Accessed 27 Nov. 2024.
ADAEZE, NWAUZO. "Effects Of Corporate Social Responsibility Costs On The Financial Performance Manufacturing Firms In Nigeria (A Study Of Pz Cusson Nigeria Plc)". Mouau.afribary.org, Mouau.afribary.org, 23 Jul. 2021. Web. 27 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effects-of-corporate-social-responsibility-costs-on-the-financial-performance-manufacturing-firms-in-nigeria-a-study-of-pz-cusson-nigeria-plc-7-2 >.
ADAEZE, NWAUZO. "Effects Of Corporate Social Responsibility Costs On The Financial Performance Manufacturing Firms In Nigeria (A Study Of Pz Cusson Nigeria Plc)" Mouau.afribary.org (2021). Accessed 27 Nov. 2024. https://repository.mouau.edu.ng/work/view/effects-of-corporate-social-responsibility-costs-on-the-financial-performance-manufacturing-firms-in-nigeria-a-study-of-pz-cusson-nigeria-plc-7-2