Impact of Corporate Social Responsibility Practices on the Performance of Mobile Telecommunications Companies in Nigeria
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Date
2017
Journal Title
Journal ISSN
Volume Title
Publisher
Department of Accounting, Faculty of Management Sciences, University of Ilorin. Nigeria
Abstract
Corporate social responsibility (CSR) in developed countries is a strategy meant to assist
businesses to bridge the gap between the need to realize financial objectives and the
socio-environmental effects of their activities on the host communities. However, CSR
programmes conducted by Nigerian companies are often not integrated into the
organizations’ operations but rather merely taken as philanthropic gestures. Hence, this
study examined the impact of CSR practices on the performance of mobile
telecommunication companies (MTCs) in Nigeria. The study employed primary data
obtained through questionnaire administration and secondary data obtained from the
annual reports of the selected MTCs in Nigeria. Descriptive statistics and panel least
square regression analysis were used to achieve the objectives of the study. Results of the regression analysis revealed that there is a positive relationship between educational
related CSR and CSR activities embarked upon by MTCs in Nigeria. The study concluded
that CSR is a significant determinant of return on capital employed by MTCs in Nigeria.
It is therefore recommended that MTCs in Nigeria should intensify efforts on financing
education so as to enhance the performance of their organizations.
Description
Keywords
Corporate Social Responsibility, Performance, Telecommunication companies, Nigeria, Education
Citation
Osemene, O. F. & Fagbemi, T.O. (2017): Impact of Corporate Social Responsibility Practices on the Performance of Mobile Telecommunications Companies in Nigeria. Ilorin Journal of Accounting, 4(1), 1 - 17. Published by Department of Accounting, Faculty of Management Sciences, University of Ilorin.