EFFECT OF CORPORATE SOCIAL RESPONSIBILITY ON THE FINANCIAL PERFORMANCE OF DEPOSITS MONEY BANK IN NIGERIA
Abstract
This research work focused on the effect of corporate social responsibility on the financial performance of deposit money bank in Nigeria. Secondary data was collected from the study from the period 2010-2021 In order to achieve the objective of the study. The ordinary least square method (OLS) with the aid of SPSS statistical package was employed to analyze the relevant data, the results reveals that There is positive but insignificant relationship between health development cost and return on equity of selected bank in Nigeria, the Education development cost has also positive but insignificant relationship with return on equity of selected bank in Nigeria, there is significant positive relationship between sports development cost and return on equity of selected bank in Nigeria. It is recommended that Firms should be encouraged to embark on CSR in order for them to have a smooth operation in its community where it is situated and be beneficial to the community.
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