scholarly journals Effect of Human Capital Expenditures on Corporate Social Responsibility of Oil and Gas Firms in Nigeria

2019 ◽  
Vol 5 (4) ◽  
pp. 102
Author(s):  
Ubesie Madubuko Cyril ◽  
Eneh Catherine Amoge ◽  
Udeh Nkemdilim
2020 ◽  
Vol 5 (3) ◽  
pp. 107-115
Author(s):  
Olanrewaju , Issa Saheed ◽  
Ishola , Abdulkadir Kayode ◽  
Nurudeen , Sanni Olawale ◽  
Abubakar , Ayuba Ibrahim

Author(s):  
Orajekwe Jerry Chukwuebuka ◽  
Okafor Obumneme Obiora ◽  
Okoye Emmanuel Ikechukwu

Aims: The study examined the effect of corporate social responsibility on financial sustainability  of quoted oil and gas firms in Nigeria. Study Design: The research work adopted for the study ex-post facto research design. Secondary data spanning 2009 to 2020 was sourced and collated from financial statement of oil and gas firms annual report in Nigeria and Nigeria Stock Exchange factbook. Place of Study: Department of Accountancy, Nnamdi Azikiwe University, Awka, Anambra State, Nigeria. Methodology: The data was analyzed employing the Pearson coefficient correlation and least square regression technique. Results: The study revealed that corporate social responsibility has a significant positive effect on net profit margin and return on asset of quoted oil and gas firms in Nigeria at 5% level of significance. Conclusion: Given the integral role the Oil and Gas sector plays in Nigeria, this paper showed the importance of corporate social responsibility in ensuring the financial sustainability of corporations in the Nigerian Oil and Gas industry.


Author(s):  
Issa Saheed Olanrewaju ◽  
Abdulkadir Kayode Ishola ◽  
Sanni Olawale Nurudeen ◽  
Ibrahim Abubakar, Ayuba

Author(s):  
K.F.A. Ibrahim ◽  
Ademu Sylvester Onyekachi

This study examined effect of corporate social responsibility (CSR) on investment efficiency of quoted oil and gas firms in Nigeria. The study employed Ex post facto research design. The sample size of seven (7) oil and gas firms was derived from the population of the quoted twelve (12) oil and gas firms in Nigeria. Judgmental approach was employed during the sampling procedure.  The study used secondary data sourced from the annual reports of the quoted oil and gas firms in Nigeria Stock Exchange fact books of official lists covering a ten-year period (2010-2019). The study employed Multiple Regression Model as the technique of data analysis with the aid of SPSS 23 statistical software. Analysis of findings showed that CSR charitable donation expenditure, CSR expenditure on education and CSR societal expenditure reveal significant relationship with investment efficiency of oil and gas firms in Nigeria. Nevertheless, CSR health expenditure and CSR environmental expenditure show insignificant effect on investment efficiency of oil and gas firms in Nigeria. The study also reveals that there is significant relationship between CSR sports expenditure and investment efficiency of oil and gas firms in Nigeria. With respect to the findings, the study recommends that the oil and gas firms should boost and monitor their CSR charitable donation expenditure, CSR on health expenditures, CSR environmental and CSR sport expenditures and observe them closely since they reveal negative effect. The study also recommends that CSR expenditure on education and CSR societal expenditure should be upheld and sustained since they reveal significant positive effect on investment efficiency of oil and gas firms in Nigeria.


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