| Summary, etc |
ABSTRACT<br/>There is a large amount of empirical literature on various aspects of Corporate <br/>Social Responsibility (CSR) and CSRD, especially in developed and developing <br/>nations like the US, UK, Germany, Egypt, India, etc. However, an evident gap exists <br/>in the literature on CSRD and the financial performance of listed consumer goods <br/>firms in Nigeria. This study examines empirically the impact of corporate social <br/>responsibility disclosure on the financial performance of consumer goods firms in <br/>Nigeria. For the data collection, secondary data was collected from the annual <br/>reports of the sample of 10 consumer goods firms in Nigeria out of a population of 37 <br/>companies. A total of eleven years for the period 2010 - 2020 was covered for the <br/>collection of the data. With the use of SPSS version 26, multiple regression analysis <br/>was used to analyse the data collected. The results reveal that economic and social <br/>disclosure show a positive impact on return on capital employed, although the impact <br/>is insignificant, while environmental disclosure shows a negative and insignificant <br/>impact. It is recommended that management should take steps to ensure that <br/>responsibility policies and practices are enacted in their daily operations. For further <br/>studies more variables which can affect financial performance should be included.<br/>Keywords: Disclosures, Corporate Social Responsibility (CSR), Environment, <br/>Economic, Social.<br/> |
