Artikel

Investment in corporate social responsibility, disclosure practices, and financial performance of banks in Nigeria

Using panel data set from banks in Nigeria, a developing country, this paper examines the effects of corporate social responsibility (CSR) investment and disclosure on corporate financial performance. The results from the Wallace and Hussain estimator of component variances (a two-way random and fixed effects panel) suggest that CSR investment without due disclosure would have little or no contribution to corporate financial performance. This paper supports the argument that firms could benefit both financially and non-financially from a strategic CSR agenda.

Language
Englisch

Bibliographic citation
Journal: Future Business Journal ; ISSN: 2314-7210 ; Volume: 4 ; Year: 2018 ; Issue: 2 ; Pages: 195-205 ; Amsterdam: Elsevier

Classification
Management
Subject
Banks
Corporate social responsibility
Developing country
Disclosure
Financial performance
Nigeria

Event
Geistige Schöpfung
(who)
Oyewumi, Obafemi R.
Ogunmeru, Oluwabunmi A.
Oboh, Collins S.
Event
Veröffentlichung
(who)
Elsevier
(where)
Amsterdam
(when)
2018

DOI
doi:10.1016/j.fbj.2018.06.004
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Oyewumi, Obafemi R.
  • Ogunmeru, Oluwabunmi A.
  • Oboh, Collins S.
  • Elsevier

Time of origin

  • 2018

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