Full Project-CORPORATE SOCIAL RESPONSIBILITY AND FINANCIAL PERFORMANCE OF QUOTED CONGLOMERATES IN NIGERIA

Abstract 
The study examined the impact of corporate social responsibility on the financial performance of Quoted Conglomerates in Nigeria. The research design adopted by the study is correlational and the population constitutes of the eight (8) conglomerate companies quoted on the Nigeria Stock Exchange as at 31st December 2011. Due to the data availability of the companies and the fact that they are few in number, the study uses census approach. The study uses secondary data and the instrument used for the collection of the data is documentation. The data used are extracted from the annual reports of the conglomerates, NSE factbooks and Daily official lists of the NSE official lists of the NSE. The data is for the period of 6 years ranging from 2006-2011. The study used Multiple Regression Model as the techniques of analysis using SPSS 16.0 software. The study found that two of the independent variables (i.e. ER and CP) have significant positive impacts and other one (i.e. EMS) negative impact. In line with the findings of the study, we conclude that corporate social responsibility plays a significant role on the profitability of conglomerates in Nigeria. The study therefore recommends that companies should embark on more rendering of social responsibility as this could leads to more profitability improvement. Regulatory authorities should come up with clearly defined regulation on how to go about social responsibility issues of the companies and the government should ensure full implementations of the regulations.     
 TABLE OF CONTENTS Title Page————————————————————————————————– Declaration————————————————————————————————i Certification———————————————————————————————-ii Acknowledgements————————————————————————————-iii Abstract ————————————————————————————————–v Table of Contents—————————————————————————————vi List of Tables ——————————————————————————————–ix   CHAPTER ONE: INTRODUCTION 1.1 Background to the Study—————————————————————————1 1.2 Statement of the Research Problem—————————————————————2 1.3 Research Questions———————————————————————————-3 1.4 Objectives of the Study —————————————————————————–4 1.5 Research Hypotheses——————————————————————————–4 1.6 Significance of the Study—————————————————————————5 1.7 Scope of the Study———————————————————————————-5 CHAPTER TWO: REVIEW OF RELATED LITERATURE  2.1 Introduction——————————————————————————————–6 2.2 The Concept of Corporate Social Responsibility (CSR) —————————————-6 2.3 Historical Origin of Corporate Social Responsibility (CSR) ———————————–8 2.4 Economic Drivers of Corporate Social Responsibility (CSR) ———————————-9 2.5 Measurement of CSR and CFP ——————————————————————–12 2.6 Reviewed of Empirical Studies on CSR and CFP ———————————————-15 2.7 Theoretical Framework of the Study ————————————————————-31  2.8 Chapter Summary ———————————————————————————–35 CHAPTER THREE: RESEARCH METHODOLOGY  3.1 Introduction——————————————————————————————-36 3.2 Research Design ————————————————————————————-36 3.3 Population and Sampling Design——————————————————————-36 3.4 Sources of Data Collection and Method of Data Collection————————————37 3.5 Techniques of Data Analysis————————————————————————37 3.8 Chapter Summary ————————————————————————————38 CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS 4.1 Introduction—————————————————————————————–39 4.2 Descriptive Statistics of the Variables———————————————————–39 4.3 Correlation Matrix of the Variables————————————————————–40 4.4 Regression Results of the study——————————————————————41 4.5 Model Summary with Collinearity Test———————————————————42 4.6 Summary of the Findings————————————————————————–43 4.7 Policy Implications of the Findings————————————————————–44 4.8 Chapter Summary———————————————————————————–44 CHAPTER FIVE: SUMMARY, CONCLUSIONS AND RECOMMENDATIONS 5.1 Summary———————————————————————————————45 5.2 Conclusions——————————————————————————————45 5.3 Recommendations———————————————————————————–45 5.4 Suggestions for Further Research—————————————————————–46 Bibliography————————————————————————————-46  Appendices‟ ————————————————————————————-62   LIST OF TABLES    Table 2.6.1 Synopses on Corporate Social Responsibility Studies         30   Table 2.6.2 Other Studies on Corporate Social Responsibility                           30   Table 3.5.1 Variables of the Study on Corporate Social Responsibility     37   Table 4.2.1 Descriptive Statistics of the Variables                                 39   Table 4.3.1 Correlation Matrix                                                                            40   Table 4.4.1 Regression Result of the Study                                           41   Table 4.5.1 Model Summary with Collinearity Test                               42