Effects Of Corporate Social Responsibility On Organizational Performance (A Study Of Access Bank, Guaranty Trust Bank, Fidelity Bank And Eco Bank Plc)

ABSTRACT

This study seeks to investigate empirically, the effect of corporate social responsibility on organizational performance (A Study of Access Bank, Guaranty Trust Bank, Fidelity Bank and EGO Bank PLC) the study will be from 2009-2018. This is therefore a quantitative and country specific study covering a period of 10 years and employs ordinary least square statistics. The ordinary least square statistics will involve calculating for multiple regressions for the variables. The estimated result shows that, shows that community corporate social responsibility costs have significant influence on the returns on assets of selected banks, also corporate social responsibility costs has significant effect on the returns on assets of the selected banks concluding that social responsibility of firms will promote the performance of the firms within the banking industry based on generalization of the findings made on our selected case study firms. This study therefore recommends Banks should follow a consistent approach in their investments in socially responsible costs as it concerns the community related social responsibility cost. Since these category of costs influences their returns on assets significantly.