Corporate social responsibility and financial performance in Nigeria: the mediating role of stakeholder influence capacity

Previous studies showed that the level of corporate social responsibility (CSR) disclosure in Nigeria is low and the relationship between CSR and financial performance is inconclusive. Therefore, this study examines the mediating role of stakeholder influence capacity (SIC) in the relationship betwe...

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Main Author:	Ibrahim, Karaye Yusuf
Format:	Thesis
Language:	eng eng
Published:	2016
Subjects:	HG Finance
Online Access:	https://etd.uum.edu.my/7924/1/s95051_01.pdf https://etd.uum.edu.my/7924/2/s95051_02.pdf
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id	my-uum-etd.7924
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Ishak, Zuaini Che-Adam, Noriah
topic	HG Finance
spellingShingle	HG Finance Ibrahim, Karaye Yusuf Corporate social responsibility and financial performance in Nigeria: the mediating role of stakeholder influence capacity
description	Previous studies showed that the level of corporate social responsibility (CSR) disclosure in Nigeria is low and the relationship between CSR and financial performance is inconclusive. Therefore, this study examines the mediating role of stakeholder influence capacity (SIC) in the relationship between (CSR) dimensions (community, employee, investor, customer and supplier relations and environmental concern) and financial performance of listed firms in Nigeria. SIC uses as a mediating role since consistent CSR creates SIC and accumulated stock of SIC will increase the performance of company. Data was collected from the senior management officers at the head office of sampled Nigerian listed firms using a cross-sectional study design. The study utilizes a stratified random sampling technique to select 130 responding firms and questionnaires were distributed and collected based on a single questionnaire per firm. The study collected 99 questionnaires through personal administration method. Partial least square structural equation modelling was used to test the study hypotheses. The study finds that employee, investor and customer relations are important factors for the financial performance of Nigerian listed firms. The findings revealed also that firms' stakeholder influence capacity depend on the degree of community, employee, investor and supplier relations, and an environmental concern of the firm. Interestingly, the result further shows that with a better stakeholder influence capacity stock. community, employee, investor and supplier relations, and environmental concern influence, financial performance of Nigerian firms. The results of the study provide significant input lo Nigerian listed firms, policy makers and researchers that SIC stock could improves the performance of company. The Nigerian listed firms should emphasize on all corporate social responsibility dimensions in order to boost their financial performance. Policy makers should encourage Nigerian listed firms to invest in corporate social responsibility activities for a better profitability.
format	Thesis
qualification_name	Ph.D.
qualification_level	Doctorate
author	Ibrahim, Karaye Yusuf
author_facet	Ibrahim, Karaye Yusuf
author_sort	Ibrahim, Karaye Yusuf
title	Corporate social responsibility and financial performance in Nigeria: the mediating role of stakeholder influence capacity
title_short	Corporate social responsibility and financial performance in Nigeria: the mediating role of stakeholder influence capacity
title_full	Corporate social responsibility and financial performance in Nigeria: the mediating role of stakeholder influence capacity
title_fullStr	Corporate social responsibility and financial performance in Nigeria: the mediating role of stakeholder influence capacity
title_full_unstemmed	Corporate social responsibility and financial performance in Nigeria: the mediating role of stakeholder influence capacity
title_sort	corporate social responsibility and financial performance in nigeria: the mediating role of stakeholder influence capacity
granting_institution	Universiti Utara Malaysia
granting_department	Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
publishDate	2016
url	https://etd.uum.edu.my/7924/1/s95051_01.pdf https://etd.uum.edu.my/7924/2/s95051_02.pdf
_version_	1747828289783726080
spelling	my-uum-etd.79242021-04-05T02:38:54Z Corporate social responsibility and financial performance in Nigeria: the mediating role of stakeholder influence capacity 2016 Ibrahim, Karaye Yusuf Ishak, Zuaini Che-Adam, Noriah Tunku Puteri Intan Safinaz School of Accountancy (TISSA) Tunku Puteri Intan Safinaz School of Accountancy (TISSA) HG Finance Previous studies showed that the level of corporate social responsibility (CSR) disclosure in Nigeria is low and the relationship between CSR and financial performance is inconclusive. Therefore, this study examines the mediating role of stakeholder influence capacity (SIC) in the relationship between (CSR) dimensions (community, employee, investor, customer and supplier relations and environmental concern) and financial performance of listed firms in Nigeria. SIC uses as a mediating role since consistent CSR creates SIC and accumulated stock of SIC will increase the performance of company. Data was collected from the senior management officers at the head office of sampled Nigerian listed firms using a cross-sectional study design. The study utilizes a stratified random sampling technique to select 130 responding firms and questionnaires were distributed and collected based on a single questionnaire per firm. The study collected 99 questionnaires through personal administration method. Partial least square structural equation modelling was used to test the study hypotheses. The study finds that employee, investor and customer relations are important factors for the financial performance of Nigerian listed firms. The findings revealed also that firms' stakeholder influence capacity depend on the degree of community, employee, investor and supplier relations, and an environmental concern of the firm. Interestingly, the result further shows that with a better stakeholder influence capacity stock. community, employee, investor and supplier relations, and environmental concern influence, financial performance of Nigerian firms. The results of the study provide significant input lo Nigerian listed firms, policy makers and researchers that SIC stock could improves the performance of company. The Nigerian listed firms should emphasize on all corporate social responsibility dimensions in order to boost their financial performance. Policy makers should encourage Nigerian listed firms to invest in corporate social responsibility activities for a better profitability. 2016 Thesis https://etd.uum.edu.my/7924/ https://etd.uum.edu.my/7924/1/s95051_01.pdf text eng public https://etd.uum.edu.my/7924/2/s95051_02.pdf text eng public https://sierra.uum.edu.my/record=b1699033~S1 Ph.D. doctoral Universiti Utara Malaysia Abbott, W. F., & Monsen, R. J. (1979). 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