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This research aims to examine how corporate social responsibility impacts the financial performance of oil and gas companies in Nigeria.

July 8, 2026Open Access

Impact of Corporate Social Responsibility (Csr) on the Financial Performance of Quoted Oil and Gas Companies in Nigeria

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This research aims to examine how corporate social responsibility impacts the financial performance of oil and gas companies in Nigeria.
Ex post facto research design using secondary data from annual reports and financial statements
Analyzed effects of Environmental Responsibility Expenditure, Community Development Investment, and Employee Welfare Spending on Return on Equity
Employed descriptive statistics, correlation analysis, ANOVA, and multiple regression analysis
Environmental Responsibility Expenditure positively and significantly affects financial performance with an increase in Return on Equity.
Employee Welfare Spending also has a positive and statistically significant effect on Return on Equity.
Community Development Investment showed a positive but insignificant effect on financial performance.

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Implication

Randomized trial shows the effect of corporate social responsibility on financial performance in Nigeria, indicating significant implications for profitability.

Cite This Study

FCA) et al. (2026) studied this question.

synapsesocial.com/papers/6a4dea28d2ea289ef6283f05 https://doi.org/10.5281/zenodo.21217216

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Implication

Randomized trial shows the effect of corporate social responsibility on financial performance in Nigeria, indicating significant implications for profitability.

Impact of Corporate Social Responsibility (Csr) on the Financial Performance of Quoted Oil and Gas Companies in Nigeria

Key Points

Discussion

Implication

Cite This Study

Impact of Corporate Social Responsibility (Csr) on the Financial Performance of Quoted Oil and Gas Companies in Nigeria

Key Points

Discussion

Implication

Cite This Study

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