Educational Research

Educational Research (ISSN: 2141-5161) Vol. 4(10), pp. 722-732, October 2013. DOI: http:/dx.doi.org/10.14303/er.2013.213. Copyright © 2013 International Research Journals

 

Full Length Research Paper

The influence of corporate social responsibility on profit after tax of some selected deposit money banks in Nigeria

Shehu Abdulrahman (cfa, acifc, mnim) 

Department of Accounting, Faculty of Social and Management Sciences, Bauchi State University, Gadau Bauchi State, Nigeria.

E-mail: abdulningi17@yahoo.com Tel: +2348054415878, +2347035597220

Received September 3, 2013; Accepted October 22, 2013

Abstract

 

The study examined the influence of corporate social responsibility on profit after tax of some selected deposit money banks in Nigeria. Based on the objective of assessing the influence of CSR on PAT, the study used secondary source of data from annual reports of some selected banks, and through fact books of Nigerian Stock Exchange (NSE) for the period of the study (i. e 2006-2010) by means of content analysis. The study used regression and correlational analysis in interpreting the result of the formulated hypothesis. Based on the outcome of the result it shows that there is weak positive relationship between CSR and PAT, but it is significant at 5%. This gave us the basis of rejecting the null hypothesis in spite of its weak relationship, but it is positive and significant at 5%. Therefore, the study recommended to the banking sector to take CSR commitment as an important driver of boosting profitability of an organisation, because the more you commit yourself to corporate social responsibility the more investors and consumers are patronizing your shares and products respectively, the more the yielding return, vice versa.

Keywords: Corporate Social Responsibility (CSR), Stakeholders Theory, Profit After Tax (PAT), Simple Random Sampling without Replacement.

[View Full Article - HTML]   [View Full Article - PDF]   [Download Full Article - PDF]

Search Other Articles by author(s)

on Google Scholar
Shehu Abdulrahman
on Pubmed
Shehu Abdulrahman