Effect of Corporate Social Responsibilities on Turnover of Brewery Firms in Nigeria
- Post by: deqe
- December 5, 2022
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ABSTRACT
The study is an ex-post facto research which examines effect of Corporate Social Responsibilities on turnover of Breweries firms in Nigeria using secondary data from three selected Breweries firms in Nigeria. The secondary data used were generated from annual report of Nigeria Breweries Plc, Guinness Nigeria Plc and International Breweries Plc, Turnover is the independent variable of the study and the dependent variable is Corporate Social Responsibility of Nigeria’s Breweries firm for the year under study. Regression Analysis was used for the data analysis. Findings indicate that under the simple regression analysis was that p-value = 0.000, hence we concluded that the study was able to reveal that donations and gifts component of corporate social responsibility is significant and needs to be continuously pursued to make the environment stable for both the communities and the companies involved. However, public health and education and training were not significant. So the average judgement of this outcome is that corporate social responsibility has not really made much impact in the area of brewery firms in Nigeria. The study recommends that Breweries in Nigeria should buckle up in public and safety efforts in the areas where they operate; and the Management of breweries in Nigeria should as a matter of responsibility continue to give donations and gifts to charities and orphanages, sports entertainments, infrastructural development and such like. This will reduce industrial unrests, agitations and protests in the areas where the firms are located.
Keywords: Corporate Social Responsibilities; Turnover of Breweries Firms
Authorship
Edeh, Ijeoma Thelma1, Inyiama, Oliver Ikechukwu2, Akparhuere, Godwin Oghenekohwo3
DOI: https://doi.org/10.5281/zenodo.7401305 | FULL PDF