ABSTRACT
The study examine the effect of corporate
social responsibility on company s performance, The broad objective of this
study is to determine the relationship between corporate social responsibility
and company's performance, To identify the strategies that affects the
relationship between corporate social responsibility and performance, To
examine the impact of corporate social responsibility on company's performance,
To examine the relationship between Corporate Social Responsibility and firm's
profitability, The study was guided by four hypothesis, the hypotheses were
tested using Chi-square and Z test statistics accordingly. In testing this
hypothesis, the one sample Chi-square test statistic. The result presented in
Table 4.11 shows that the calculated chi-square value is 56.556. This is greater
than the critical value of 9.488. Also, with the p-value (0.00) <0.05, this
result is significant. Based on this, the null hypothesis is rejected and the
alternative hypothesis accepted. Hence, there is significant relationship
between corporate social responsibility and company's performance. The result
of the regression analysis summarized in Table 4.13 shows that the model for
the relationship between bank performance (BF) and stress management strategies
(SMS) is: BF = 1. 792 + 0.660SMS, this reveals that bank performance (BF) has a
positive impact on stress management strategies (SMS). Furthermore, as t-value
> 1.96 (t-critical) and p-value <0.05, this impact is significant. Also,
the regression coefficient (r) of 0.843 indicates a strong relationship between
the independent variable (stress management strategies) and the dependent
variable (bank performance). The coefficient of determination (r') of 0.710
reveals that 71% of the variation observed the dependent variable is caused by
the independent variable. Having a regression sum of square of 58.040 > the
residual sum of squares of 23.693, this variation is due to chance. The F-value
and corresponding significance value of 215.569 (0.000) shows that these
results are significant .Based on this, there are strategies that affect the
relationship between CSR and performance. the calculated Z-test result is
3.345. This is greater than the critical value of 1.96. Since the p-value
(0.000) <0.05, this result is significant. Hence, the null hypothesis is
rejected and the alternative hypothesis accepted accordingly. Therefore, there
is impact of corporate social responsibility on company's performance. the
calculated Ztest result is 3.205. This is greater than the critical value of
1.96. Since the p-value (0.000) < 0. 05, this result is significant
Therefore; there is relationship between corporate social responsibility and
firm's profitability. This study recommends that; Organizations operating in
Nigeria should improve the social welfare of the host communities where they
are operating despite the huge amount of money they are realizing.
UWAOMA, . (2024). Effect Of Corporate Social Responsibility On Company's Performance, (A Study Of Aba Textile Mill Plc, Aba):- Uwaoma Ezenwa .C.. Repository.mouau.edu.ng: Retrieved Sep 07, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-corporate-social-responsibility-on-companys-performance-a-study-of-aba-textile-mill-plc-aba-uwaoma-ezenwa-c-7-2
.C, UWAOMA. "Effect Of Corporate Social Responsibility On Company's Performance, (A Study Of Aba Textile Mill Plc, Aba):- Uwaoma Ezenwa .C." Repository.mouau.edu.ng. Repository.mouau.edu.ng, 13 Jun. 2024, https://repository.mouau.edu.ng/work/view/effect-of-corporate-social-responsibility-on-companys-performance-a-study-of-aba-textile-mill-plc-aba-uwaoma-ezenwa-c-7-2. Accessed 07 Sep. 2024.
.C, UWAOMA. "Effect Of Corporate Social Responsibility On Company's Performance, (A Study Of Aba Textile Mill Plc, Aba):- Uwaoma Ezenwa .C.". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 13 Jun. 2024. Web. 07 Sep. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-corporate-social-responsibility-on-companys-performance-a-study-of-aba-textile-mill-plc-aba-uwaoma-ezenwa-c-7-2 >.
.C, UWAOMA. "Effect Of Corporate Social Responsibility On Company's Performance, (A Study Of Aba Textile Mill Plc, Aba):- Uwaoma Ezenwa .C." Repository.mouau.edu.ng (2024). Accessed 07 Sep. 2024. https://repository.mouau.edu.ng/work/view/effect-of-corporate-social-responsibility-on-companys-performance-a-study-of-aba-textile-mill-plc-aba-uwaoma-ezenwa-c-7-2