The Effect of Corporate Social Responsibility on Firm Performance of Consumer Goods in Nigeria

Student: Doyinsola Peace Owagbemi (Project, 2025)
Department of Business Management/ Management Science
Bamidele Olumilua University of Edu. Science and Tech. Ikere Ekiti, Ekiti State

Abstract

This study examines how corporate social responsibility (CSR) activities affects the financial performance of consumers goods firms in Nigeria. Using data from ten listed companies (2008–2022) and regression analysis, findings show that community development and environmental costs positively affect profitability, while employee training costs have a short-term negative effect. The study recommends integrating CSR into business strategies for sustainable growth.

Keywords
Corporate Social Responsibility Firm performance Employee training Consumer goods Community development Environmental Cost Return on Assets Nigeria
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