Corporate Social Responsibility (CSR) and Deposit Money Bank’s Financial Performance

Cecilia Adurayemi Adu; Moses Ade  Ajigbotoso

doi:10.55927/fintech.v2i2.8776

Authors

Cecilia Adurayemi Adu Department of Accounting And Finance, Crawford University
Moses Ade Ajigbotoso Department of Accounting And Finance, Crawford University

DOI:

https://doi.org/10.55927/fintech.v2i2.8776

Keywords:

CSR, DMBs, ROA, Profitability, Expenditure

Abstract

The study examined the effect of corporate social responsibility on the financial performance of deposit money banks in Nigeria. Primary data were adopted for this study through the administration of some copies of questionnaire. The OLS regression was used to analyse the data and it was found out that the there is a positive significant relationship between Corporate Social Responsibility and the return on assets of commercial banks in Nigeria. It was suggested that the deposit money banks should ensure they embark on more structured and well planned Corporate Social Responsibility.

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