Islamic Corporate Governance Social Responsibility and Patronage of Non-interest Cooperative Societies in North-central, Nigeria

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dc.contributor.authorMustapha, Y.I.
dc.contributor.authorYahaya, A.A.
dc.contributor.authorAbdulazeez, S.O.
dc.contributor.authorOlowo, A.A.
dc.date.accessioned2023-01-10T11:51:04Z
dc.date.available2023-01-10T11:51:04Z
dc.date.issued2021
dc.description.abstractPurpose: This study interrogates the extent of implementation of economic and philanthropic dimensions of the Islamic Corporate Social Responsibility (ICSR) concept by Shar¯ı‘ah based cooperative societies with the primary purpose of ascertaining its effect on members’ rate of patronage of non-interest cooperative societies in Nigeria. Methodology: Partial least squares structural equation modelling (PLS-SEM) with bootstrap processes were used to analyse the data collected from 210 members of the selected non-interest cooperative societies operating in the North-central region of Nigeria. Findings: The study’s results revealed that halal products and halal investments positively affect the members’ patronage rate of non-interest cooperative societies. In addition, it was discovered that Islamic philanthropic responsibility influenced the image/reputations of non-interest cooperative societies. Significance: This study is among the few studies that have examined the effect of corporate social responsibility on members’ patronage from an Islamic perspective. The import of the study stems from the fact that it broadly investigated the extent of implementation out of the six dimensions of corporate social responsibility. Limitations: The main constraints of the study are predicated on the fact that it was conducted in a region of the country and the study’s inability to isolate other factors which might have contributed to members’ patronage of non-interest cooperative societies. Implications: The study’s findings can aid the management of non-interest cooperative societies and other similar institutions in formulating strategic policies and programmes geared towards operating and promoting halal investment opportunities and supporting the indigent members of the communities through corporate charities/donations.en_US
dc.identifier.urihttps://uilspace.unilorin.edu.ng/handle/20.500.12484/8318
dc.language.isoenen_US
dc.publisherRiphah Centre of Islamic Business, Riphah International University, Lahore, Pakistanen_US
dc.subjectIslamic Economic Responsibility, Islamic Philanthropic Responsibility, Halal Products, Halal Investments, Non-interest Cooperative Societies, Reputation Non-interest Cooperative Societiesen_US
dc.titleIslamic Corporate Governance Social Responsibility and Patronage of Non-interest Cooperative Societies in North-central, Nigeriaen_US
dc.typeArticleen_US

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