Corporate social responsibility intensity: Shareholders' value adding or destroying?

• Published in: Cogent business & management Vol. 7; no. 1; pp. 1 - 28
• Main Authors: Asogwa, Cosmas Ikechukwu, Ugwu, Osmund Chinweoda, Okereke, Godwin Keres Okoro, Samuel, Adedoyin, Igbinedion, Airenvbahihe, Uzuagu, Anthonia Uju, Abolarinwa, Samson Ige
• Format: Journal Article
• Language: English
• Published: Abingdon Taylor & Francis 2020; Cogent; Taylor & Francis Ltd; Taylor & Francis Group
• Subjects: Accounting; Brand loyalty; Climate change; corporate economic; corporate environmental; Corporate governance; corporate social; CSR; Disclosure; Energy consumption; financial performance; intensive; Investments; Purchase intention; responsibility; Social responsibility; Stockholders; Strategic management; Sustainability; value adding; value destroying; Vocational education; Nigeria; United States > US

This paper examines whether an intensification of corporate social responsibility activities adds or destroys firms' value in Nigeria. Fixed effect regression analytic tool was used to analyze the data from a sample of 56 listed firms on Nigerian Stock Exchange (NSE) between 2009 and 2018. We f...