This study examined the relationship between corporate social responsibility and value creation of quoted oil and gas firms in Nigeria for a period of fourteen 14 years spanning from 2008 to 2021. Specifically, this study examined the relationship between occupational health and safety responsibility, emissions responsibility, employment responsibility and cash value added. Panel data were used in this study, which were obtained from the annual reports and accounts of the ten 10 sampled firms. Ex Post Facto research design was employed. Descriptive statistics of the dataset from the sampled firms was employed to summarily describe the mean, standard deviation, minimum and maximum values of the data for the study variables. Inferential statistics using Pearson correlation coefficient and Panel least square regression analysis were employed to test the hypotheses of the study. The results showed that there is a significant and positive relationship between occupational health and safety responsibility and cash value added ß1=1.930842 p value = 0.0006 a significant and positive relationship between emissions responsibility and cash value added ß2=0.575137 p value = 0.0116 a significant and positive relationship between employment responsibility and cash value added ß3=.0.075661 p value = 0.0000 of quoted oil and gas firms in Nigeria at 5 level of significance respectively. The study recommended amongst others that firms should develop safety programs in order to protect the workers, reduce absences and down time, ensuring that the workplace is more efficient and productive which will inadvertently result to value creation. Okoli, Angela Obianuju | Okafor, Tochukwu Gloria "Corporate Social Responsibility and Value Creation of Quoted Oil and Gas Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-2 , April 2023, URL: https://www.ijtsrd.com.com/papers/ijtsrd55109.pdf Paper URL: https://www.ijtsrd.com.com/management/accounting-and-finance/55109/corporate-social-responsibility-and-value-creation-of-quoted-oil-and-gas-firms-in-nigeria/okoli-angela-obianuju
Effect of Corporate Social Responsibility on Financial Performance of Listed ...ijtsrd
This study examined the effect of corporate social responsibility on financial performance of Oil and Gas Companies listed on Nigeria Stock Exchange. Ten 10 listed oil and gas firms constituted the sample size of this study between 2010 and 2020. Ex Post facto research design was adopted while secondary data were extracted from the annual reports and accounts of the sampled firms and were analysed using E Views 10.0 statistical software. The study employed inferential statistics using Pearson correlation and Panel Least Square PLS regression analysis. Three hypotheses were formulated and statistically tested at 5 per cent level of significance using regression analysis. Findings from the empirical analysis showed that ethical social responsibility has a significant and positive effect on return on assets economic social responsibility has a significant and positive effect on net profit margin legal social responsibility has significant and positive effect on return on capital employed of listed oils and gas firms in Nigeria at 5 level of significance respectively. The study recommended amongst others that oil and gas firms should comply with the environmental laws of the nation for improved and sustainable performance. Ekweozor, Maryrose Ada | Ogbodo, Okenwa Cyprian | Amahalu, Nestor Ndubuisi "Effect of Corporate Social Responsibility on Financial Performance of Listed Oil and Gas Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-2 , February 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49224.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/49224/effect-of-corporate-social-responsibility-on-financial-performance-of-listed-oil-and-gas-firms-in-nigeria/ekweozor-maryrose-ada
Firm Attributes and Environmental Disclosure of Energy Corporations in Nigeriaijtsrd
The study investigated the relationship between firm attributes and environmental disclosure among energy corporations in Nigeria. The research utilized a causal comparative research design, focusing on energy corporations listed on the Nigerian Exchange Group NEG from 2013 to 2022. The sample included nine quoted firms primarily operating in the oil and gas, utility, and natural resource sectors. Secondary data from annual reports and financial statements of selected energy firms were used, and the Multiple Linear Regression Approach established the causal relationship between firm attributes and environmental disclosure. The findings revealed that larger and older firms faced challenges in providing detailed environmental information due to operational complexity and established reporting practices. However, firm leverage did not significantly impact environmental disclosure. The study offers valuable insights for enhancing environmental reporting and transparency among larger and older firms to meet stakeholder expectations and promote sustainability. Policymakers can utilize these findings to devise regulatory frameworks and incentives encouraging better environmental disclosure and fostering sustainable practices in the energy industry and beyond, ultimately positioning companies as leaders in the pursuit of a sustainable and profitable future. Jerry Chukwuebuka Orajekwe | Okenwa Cy Ogbodo "Firm Attributes and Environmental Disclosure of Energy Corporations in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-4, August 2023, URL: https://www.ijtsrd.com/papers/ijtsrd59698.pdf Paper Url:https://www.ijtsrd.com/management/accounting-and-finance/59698/firm-attributes-and-environmental-disclosure-of-energy-corporations-in-nigeria/jerry-chukwuebuka-orajekwe
Corporate Social Responsibility Reporting on Performance of Oil and Gas Compa...ijtsrd
The study examined the effect of corporate social responsibility reporting on financial performance of Oil and Gas companies in Nigeria. Ex post facto research design and content analysis were adapted. A sample of ten oil and gas companies was selected for the study. The hypothesis was tested using linear regression analysis with the aid of E view 9.0. The study revealed that return on capital employed has insignificant effect on corporate social responsibility of Oil and Gas companies in Nigeria. The study recommended that the external users of corporate social responsibility reports such as the shareholders, local communities, employees and other stakeholders should device appropriate channels by which their demands for such reporting can be adequately pressed upon. Ezekwesili, Tochukwu P. | Emeneka, Ogochukwu L "Corporate Social Responsibility Reporting on Performance of Oil and Gas Companies in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, URL: https://www.ijtsrd.com/papers/ijtsrd47520.pdf Paper URL : https://www.ijtsrd.com/management/accounting-and-finance/47520/corporate-social-responsibility-reporting-on-performance-of-oil-and-gas-companies-in-nigeria/ezekwesili-tochukwu-p
Corporate Social Sustainability Practice and Financial Performance of Consume...ijtsrd
Background Sustainability practice deals with the measurement, analysis and communication of interactions and links between social, environmental and economic issues constituting the three dimensions of sustainabilityAim This study empirically investigated the relationship between corporate social sustainability practice and financial performance of listed consumer goods firms’ in Nigeria. The study is vital as it portrays the extent to which corporate social sustainability practice influences firms’ performance. In order to determine the relationship between corporate social sustainability practice CSSP and firms’ performance, corporate social sustainability disclosure index by GRI was used while firms’ performance on the other hand was represented by return on equity ROE . Materials and Methods Four hypotheses were formulated to guide the investigation and the statistical test of parameter estimates was conducted using OLS regression model operated with STATA 15. Ex Post Facto design was adopted and data for the study were obtained from the Nigerian Stock Exchange Factbook and the published annual financial reports of the entire listed consumer goods firms on NSE with data spanning from 2016 2021. Results The finding generally indicates that human rights disclosure, labour practices and decent work disclosure, product responsibility disclosure and societal disclosure have significant influence on firms’ performance ROE at 1 5 significant level. Conclusion Based on the findings of the study, the study concludes that corporate social sustainability practice has positively improved firms performance over the years. Recommendation The study however suggests that firms should disclose more of this information in their annual reports in order to legitimize their operations by making public known about her commitment of business to contribute to sustainable economic development, working with employees, their families and the local communities as this disclosure is relevant for investors decision making. Obiora Fabian. | Onuora, J. K. J. | Egwuom Mary Jane. I "Corporate Social Sustainability Practice and Financial Performance of Consumer Goods Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-3 , April 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49501.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/49501/corporate-social-sustainability-practice-and-financial-performance-of-consumer-goods-firms-in-nigeria/obiora-fabian
Sustainability Environmental Disclosure and Financial Performance of Oil and ...ijtsrd
This study determined whether sustainability environmental disclosure affect financial performance of oil and gas companies in Nigeria. Specific objectives include to determine the effect of pollution control disclosure and on financial performance of oil and gas companies in Nigeria evaluate the effect of recycling disclosure on financial performance of oil and gas companies in Nigeria and examine the effect of restoration disclosure on financial performance of oil and gas companies in Nigeria. Ex post facto research design was adopted for the study. The population of this study covered the nine quoted oil and gas on the Nigerian Stock Exchange. Data were collected from annual accounts of these nine quoted oil and gas and the formulated hypotheses were tested using regression analysis with aid of E view 9.0. The study found that Environmental protection disclosure has positive but not significant effect on financial performance of oil and gas companies in Nigeria Pollution control disclosure has no positive and significant effect on financial performance of oil and gas companies in Nigeria Recycling disclosure has positive but not significantly affect financial performance of oil and gas companies in Nigeria Restoration disclosure has no positive and significant effect on financial performance of oil and gas companies in Nigeria. Based on the findings, the study recommended among others that firm should reduce their spending on environmental protection or make it cost effective in other to increase firms’ return on assets. Okafor, Godson Ikechukwu | Anichebe A. S | Emeka-Nwokeji N. A | Agubata N. S "Sustainability Environmental Disclosure and Financial Performance of Oil and Gas Companies in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-2 , February 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49135.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/49135/sustainability-environmental-disclosure-and-financial-performance-of-oil-and-gas-companies-in-nigeria/okafor-godson-ikechukwu
Sustainability Reporting and Corporate Performance of Conglomerate and Indust...YogeshIJTSRD
Sustainability reporting remains a continuing concern as stakeholders demand for firms to be more socially, environmentally, and economically responsible continues to increase especially in developing countries like Nigeria. Thus, the study examined the effect of sustainability reporting disclosures of conglomerate and industrial goods manufacturing firms in Nigeria on their market share and return on assets. The study employed an ex post facto research design as data were obtained from the annual report of firms for a period of ten years 2010 2019 . Multiple regression analytical tools with the help of SPSS version 23 were used in analyzing the data for 16 conglomerate and industrial goods firms selected using the purposive sampling technique. The findings revealed that sustainability reporting has positive effect on market share and return on assets of firms studied. Based on the findings, it was concluded that sustainability reporting affects the performance of manufacturing firms and it was recommended that standard setters and government should develop a standard mandatory disclosure framework to ensure consistency and uniformity in reporting and also, companies are encouraged to disclose their economic, social and environmental information all geared to help stakeholders make informed decision. Okoye, Ezinne Chimaram | Ezeagba, Charles Emenike "Sustainability Reporting and Corporate Performance of Conglomerate and Industrial Goods Firms in Nigeria: An Empirical Study" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd44977.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/44977/sustainability-reporting-and-corporate-performance-of-conglomerate-and-industrial-goods-firms-in-nigeria-an-empirical-study/okoye-ezinne-chimaram
Board Characteristics and Environmental Remediation Disclosure of Listed Oil ...ijtsrd
This study assessed the effect of Board Characteristics on Environmental Remediation Disclosure of listed Oil and Gas firms in Nigeria and South Africa for eleven 11 years period ranging from 2011 2021. Audit Committee Size and Ownership Concentration were used to measure Board Characteristics. On the other hand, Environmental Remediation Disclosure served as the dependent variable. The study employed secondary data extracted from the Nigerian Exchange NGX Group and Johannesburg Stock Exchange JSE fact books, annual reports and accounts, stand alone sustainability reports of sample firms. The study adopted Ex post facto research design while the panel data sets were analyzed using Pearson Correlation matrix and Panel Least Square Regression analysis via E Views 10.0. The result revealed that Audit Committee Size has a significant and positive effect on Environmental Remediation Disclosure ß1 = 0.040140 p value = 0.0000 Ownership Concentration has a significant but negative effect on Environmental Remediation Disclosure ß2 = 0.194875 p value = 0.0035 of listed Oil and Gas firms in Nigeria and South Africa at 5 level of significance respectively. In conclusion, the study upholds that Board Characteristics significantly affects Environmental Disclosure of listed Oil and Gas firms in Nigeria and South Africa. It was recommended inter alia that in an attempt to decrease agency problems and spur managers to promote firm performance and involvement in environmental practices, the audit committee in a company should be encouraged and sustained. Mbonu, Chikwelu Maduabuchi | Okoye, Emmanuel Ikechukwu "Board Characteristics and Environmental Remediation Disclosure of Listed Oil and Gas Firms in Nigeria and South Africa" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-3 , June 2023, URL: https://www.ijtsrd.com.com/papers/ijtsrd56371.pdf Paper URL: https://www.ijtsrd.com.com/humanities-and-the-arts/environmental-science/56371/board-characteristics-and-environmental-remediation-disclosure-of-listed-oil-and-gas-firms-in-nigeria-and-south-africa/mbonu-chikwelu-maduabuchi
Imperative of Environmental Cost on Equity and Assets of Quoted Manufacturing...ijtsrd
This study examine the imperative of environmental cost on equity and assets of quoted manufacturing firms in Nigeria. The study adopts ex post facto, content analysis and regression research design. The research adopts secondary source of data in obtaining all the data needed for the study, extracted from the audited financial statements of the sampled manufacturing firms, which is meticulously examined and relevant data extracted from the period of 2011 2018 for analysis, in line with the main objective. Hypothesis is tested and the results reveals that environmental cost has a significant effect on return on equity and return on assets of quoted manufacturing firms in Nigeria. In consonance with this study's findings, it is recommended that, Firms in Nigeria should invest reasonable amount on environmental issues and report same in their financial reports for the various stakeholders to see. This will create a good relationship with the host community which will enable growth in production and increase in turnover. Dr. Odogu, Laime Isaac | Dadiowei, Opritari Maxwell "Imperative of Environmental Cost on Equity and Assets of Quoted Manufacturing Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-4, August 2023, URL: https://www.ijtsrd.com/papers/ijtsrd59695.pdf Paper Url:https://www.ijtsrd.com/humanities-and-the-arts/education/59695/imperative-of-environmental-cost-on-equity-and-assets-of-quoted-manufacturing-firms-in-nigeria/dr-odogu-laime-isaac
Effect of Corporate Social Responsibility on Financial Performance of Listed ...ijtsrd
This study examined the effect of corporate social responsibility on financial performance of Oil and Gas Companies listed on Nigeria Stock Exchange. Ten 10 listed oil and gas firms constituted the sample size of this study between 2010 and 2020. Ex Post facto research design was adopted while secondary data were extracted from the annual reports and accounts of the sampled firms and were analysed using E Views 10.0 statistical software. The study employed inferential statistics using Pearson correlation and Panel Least Square PLS regression analysis. Three hypotheses were formulated and statistically tested at 5 per cent level of significance using regression analysis. Findings from the empirical analysis showed that ethical social responsibility has a significant and positive effect on return on assets economic social responsibility has a significant and positive effect on net profit margin legal social responsibility has significant and positive effect on return on capital employed of listed oils and gas firms in Nigeria at 5 level of significance respectively. The study recommended amongst others that oil and gas firms should comply with the environmental laws of the nation for improved and sustainable performance. Ekweozor, Maryrose Ada | Ogbodo, Okenwa Cyprian | Amahalu, Nestor Ndubuisi "Effect of Corporate Social Responsibility on Financial Performance of Listed Oil and Gas Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-2 , February 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49224.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/49224/effect-of-corporate-social-responsibility-on-financial-performance-of-listed-oil-and-gas-firms-in-nigeria/ekweozor-maryrose-ada
Firm Attributes and Environmental Disclosure of Energy Corporations in Nigeriaijtsrd
The study investigated the relationship between firm attributes and environmental disclosure among energy corporations in Nigeria. The research utilized a causal comparative research design, focusing on energy corporations listed on the Nigerian Exchange Group NEG from 2013 to 2022. The sample included nine quoted firms primarily operating in the oil and gas, utility, and natural resource sectors. Secondary data from annual reports and financial statements of selected energy firms were used, and the Multiple Linear Regression Approach established the causal relationship between firm attributes and environmental disclosure. The findings revealed that larger and older firms faced challenges in providing detailed environmental information due to operational complexity and established reporting practices. However, firm leverage did not significantly impact environmental disclosure. The study offers valuable insights for enhancing environmental reporting and transparency among larger and older firms to meet stakeholder expectations and promote sustainability. Policymakers can utilize these findings to devise regulatory frameworks and incentives encouraging better environmental disclosure and fostering sustainable practices in the energy industry and beyond, ultimately positioning companies as leaders in the pursuit of a sustainable and profitable future. Jerry Chukwuebuka Orajekwe | Okenwa Cy Ogbodo "Firm Attributes and Environmental Disclosure of Energy Corporations in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-4, August 2023, URL: https://www.ijtsrd.com/papers/ijtsrd59698.pdf Paper Url:https://www.ijtsrd.com/management/accounting-and-finance/59698/firm-attributes-and-environmental-disclosure-of-energy-corporations-in-nigeria/jerry-chukwuebuka-orajekwe
Corporate Social Responsibility Reporting on Performance of Oil and Gas Compa...ijtsrd
The study examined the effect of corporate social responsibility reporting on financial performance of Oil and Gas companies in Nigeria. Ex post facto research design and content analysis were adapted. A sample of ten oil and gas companies was selected for the study. The hypothesis was tested using linear regression analysis with the aid of E view 9.0. The study revealed that return on capital employed has insignificant effect on corporate social responsibility of Oil and Gas companies in Nigeria. The study recommended that the external users of corporate social responsibility reports such as the shareholders, local communities, employees and other stakeholders should device appropriate channels by which their demands for such reporting can be adequately pressed upon. Ezekwesili, Tochukwu P. | Emeneka, Ogochukwu L "Corporate Social Responsibility Reporting on Performance of Oil and Gas Companies in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, URL: https://www.ijtsrd.com/papers/ijtsrd47520.pdf Paper URL : https://www.ijtsrd.com/management/accounting-and-finance/47520/corporate-social-responsibility-reporting-on-performance-of-oil-and-gas-companies-in-nigeria/ezekwesili-tochukwu-p
Corporate Social Sustainability Practice and Financial Performance of Consume...ijtsrd
Background Sustainability practice deals with the measurement, analysis and communication of interactions and links between social, environmental and economic issues constituting the three dimensions of sustainabilityAim This study empirically investigated the relationship between corporate social sustainability practice and financial performance of listed consumer goods firms’ in Nigeria. The study is vital as it portrays the extent to which corporate social sustainability practice influences firms’ performance. In order to determine the relationship between corporate social sustainability practice CSSP and firms’ performance, corporate social sustainability disclosure index by GRI was used while firms’ performance on the other hand was represented by return on equity ROE . Materials and Methods Four hypotheses were formulated to guide the investigation and the statistical test of parameter estimates was conducted using OLS regression model operated with STATA 15. Ex Post Facto design was adopted and data for the study were obtained from the Nigerian Stock Exchange Factbook and the published annual financial reports of the entire listed consumer goods firms on NSE with data spanning from 2016 2021. Results The finding generally indicates that human rights disclosure, labour practices and decent work disclosure, product responsibility disclosure and societal disclosure have significant influence on firms’ performance ROE at 1 5 significant level. Conclusion Based on the findings of the study, the study concludes that corporate social sustainability practice has positively improved firms performance over the years. Recommendation The study however suggests that firms should disclose more of this information in their annual reports in order to legitimize their operations by making public known about her commitment of business to contribute to sustainable economic development, working with employees, their families and the local communities as this disclosure is relevant for investors decision making. Obiora Fabian. | Onuora, J. K. J. | Egwuom Mary Jane. I "Corporate Social Sustainability Practice and Financial Performance of Consumer Goods Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-3 , April 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49501.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/49501/corporate-social-sustainability-practice-and-financial-performance-of-consumer-goods-firms-in-nigeria/obiora-fabian
Sustainability Environmental Disclosure and Financial Performance of Oil and ...ijtsrd
This study determined whether sustainability environmental disclosure affect financial performance of oil and gas companies in Nigeria. Specific objectives include to determine the effect of pollution control disclosure and on financial performance of oil and gas companies in Nigeria evaluate the effect of recycling disclosure on financial performance of oil and gas companies in Nigeria and examine the effect of restoration disclosure on financial performance of oil and gas companies in Nigeria. Ex post facto research design was adopted for the study. The population of this study covered the nine quoted oil and gas on the Nigerian Stock Exchange. Data were collected from annual accounts of these nine quoted oil and gas and the formulated hypotheses were tested using regression analysis with aid of E view 9.0. The study found that Environmental protection disclosure has positive but not significant effect on financial performance of oil and gas companies in Nigeria Pollution control disclosure has no positive and significant effect on financial performance of oil and gas companies in Nigeria Recycling disclosure has positive but not significantly affect financial performance of oil and gas companies in Nigeria Restoration disclosure has no positive and significant effect on financial performance of oil and gas companies in Nigeria. Based on the findings, the study recommended among others that firm should reduce their spending on environmental protection or make it cost effective in other to increase firms’ return on assets. Okafor, Godson Ikechukwu | Anichebe A. S | Emeka-Nwokeji N. A | Agubata N. S "Sustainability Environmental Disclosure and Financial Performance of Oil and Gas Companies in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-2 , February 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49135.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/49135/sustainability-environmental-disclosure-and-financial-performance-of-oil-and-gas-companies-in-nigeria/okafor-godson-ikechukwu
Sustainability Reporting and Corporate Performance of Conglomerate and Indust...YogeshIJTSRD
Sustainability reporting remains a continuing concern as stakeholders demand for firms to be more socially, environmentally, and economically responsible continues to increase especially in developing countries like Nigeria. Thus, the study examined the effect of sustainability reporting disclosures of conglomerate and industrial goods manufacturing firms in Nigeria on their market share and return on assets. The study employed an ex post facto research design as data were obtained from the annual report of firms for a period of ten years 2010 2019 . Multiple regression analytical tools with the help of SPSS version 23 were used in analyzing the data for 16 conglomerate and industrial goods firms selected using the purposive sampling technique. The findings revealed that sustainability reporting has positive effect on market share and return on assets of firms studied. Based on the findings, it was concluded that sustainability reporting affects the performance of manufacturing firms and it was recommended that standard setters and government should develop a standard mandatory disclosure framework to ensure consistency and uniformity in reporting and also, companies are encouraged to disclose their economic, social and environmental information all geared to help stakeholders make informed decision. Okoye, Ezinne Chimaram | Ezeagba, Charles Emenike "Sustainability Reporting and Corporate Performance of Conglomerate and Industrial Goods Firms in Nigeria: An Empirical Study" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd44977.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/44977/sustainability-reporting-and-corporate-performance-of-conglomerate-and-industrial-goods-firms-in-nigeria-an-empirical-study/okoye-ezinne-chimaram
Board Characteristics and Environmental Remediation Disclosure of Listed Oil ...ijtsrd
This study assessed the effect of Board Characteristics on Environmental Remediation Disclosure of listed Oil and Gas firms in Nigeria and South Africa for eleven 11 years period ranging from 2011 2021. Audit Committee Size and Ownership Concentration were used to measure Board Characteristics. On the other hand, Environmental Remediation Disclosure served as the dependent variable. The study employed secondary data extracted from the Nigerian Exchange NGX Group and Johannesburg Stock Exchange JSE fact books, annual reports and accounts, stand alone sustainability reports of sample firms. The study adopted Ex post facto research design while the panel data sets were analyzed using Pearson Correlation matrix and Panel Least Square Regression analysis via E Views 10.0. The result revealed that Audit Committee Size has a significant and positive effect on Environmental Remediation Disclosure ß1 = 0.040140 p value = 0.0000 Ownership Concentration has a significant but negative effect on Environmental Remediation Disclosure ß2 = 0.194875 p value = 0.0035 of listed Oil and Gas firms in Nigeria and South Africa at 5 level of significance respectively. In conclusion, the study upholds that Board Characteristics significantly affects Environmental Disclosure of listed Oil and Gas firms in Nigeria and South Africa. It was recommended inter alia that in an attempt to decrease agency problems and spur managers to promote firm performance and involvement in environmental practices, the audit committee in a company should be encouraged and sustained. Mbonu, Chikwelu Maduabuchi | Okoye, Emmanuel Ikechukwu "Board Characteristics and Environmental Remediation Disclosure of Listed Oil and Gas Firms in Nigeria and South Africa" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-3 , June 2023, URL: https://www.ijtsrd.com.com/papers/ijtsrd56371.pdf Paper URL: https://www.ijtsrd.com.com/humanities-and-the-arts/environmental-science/56371/board-characteristics-and-environmental-remediation-disclosure-of-listed-oil-and-gas-firms-in-nigeria-and-south-africa/mbonu-chikwelu-maduabuchi
Imperative of Environmental Cost on Equity and Assets of Quoted Manufacturing...ijtsrd
This study examine the imperative of environmental cost on equity and assets of quoted manufacturing firms in Nigeria. The study adopts ex post facto, content analysis and regression research design. The research adopts secondary source of data in obtaining all the data needed for the study, extracted from the audited financial statements of the sampled manufacturing firms, which is meticulously examined and relevant data extracted from the period of 2011 2018 for analysis, in line with the main objective. Hypothesis is tested and the results reveals that environmental cost has a significant effect on return on equity and return on assets of quoted manufacturing firms in Nigeria. In consonance with this study's findings, it is recommended that, Firms in Nigeria should invest reasonable amount on environmental issues and report same in their financial reports for the various stakeholders to see. This will create a good relationship with the host community which will enable growth in production and increase in turnover. Dr. Odogu, Laime Isaac | Dadiowei, Opritari Maxwell "Imperative of Environmental Cost on Equity and Assets of Quoted Manufacturing Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-4, August 2023, URL: https://www.ijtsrd.com/papers/ijtsrd59695.pdf Paper Url:https://www.ijtsrd.com/humanities-and-the-arts/education/59695/imperative-of-environmental-cost-on-equity-and-assets-of-quoted-manufacturing-firms-in-nigeria/dr-odogu-laime-isaac
Social Sustainability Disclosures and Performance of ICT Firms in Nigeria an ...ijtsrd
Background Sustainability disclosures deal with the measurement, analysis and communication of interactions and links between social, environmental and economic issues constituting the three dimensions of sustainability Aim This study empirically investigated the relationship between social sustainability disclosures and performance of listed ICT firms’ in Nigeria. The study is vital as it portrays the extent to which social sustainability disclosure influences firms’ performance. In order to determine the relationship between social sustainability disclosures SSDs and firms’ performance, social sustainability disclosure index by GRI was used while firms’ performance on the other hand was represented by net assets per share NAPS . Materials and Methods Four hypotheses were formulated to guide the investigation and the statistical test of parameter estimates was conducted using OLS regression model operated with STATA 15. Ex Post Facto design was adopted and data for the study were obtained from the Nigerian Stock Exchange Factbook and the published annual financial reports of the entire listed ICT firms on NSE with data spanning from 2015 2020. Results The finding generally indicates that human rights disclosure, labour practices and decent work disclosure, product responsibility disclosure and societal disclosure have significant influence on firms’ performance NAPS at 5 significant level. Conclusion Based on the findings of the study, the study concludes that social sustainability disclosure has positively improved firms performance over the years. Recommendation The study however suggests that firms should disclose more of this information in their annual reports concerning her commitment of business to contribute to sustainable economic development, working with employees, their families and the local communities as the level this information disclosure has exerted significant influence on firms’ performance over the years. Obiora Fabian. C. | Onuora, J. K. J. | Nworah Cynthia. N "Social Sustainability Disclosures and Performance of ICT Firms in Nigeria; an Independent and Joint Effect Analysis" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-1 , December 2021, URL: https://www.ijtsrd.com/papers/ijtsrd48007.pdf Paper URL: https://www.ijtsrd.com/management/business-environment/48007/social-sustainability-disclosures-and-performance-of-ict-firms-in-nigeria-an-independent-and-joint-effect-analysis/obiora-fabian-c
Addressing Sustainability Exposures through Corporate Social Responsibility i...ijtsrd
There has been considerable progress in holding companies accountable for their social responsibility performance. However, progress on socio economic and environmental impact of their practices has been more limited thereby creating an atmosphere of unfavorable business conduct and sustainability exposures. The absent of internationally recognized standards of corporate social responsibility in Nigeria have further aggravated the issue. There have also been little to no report on corporate responsibility in relation to enterprises overall economic relevance to the economy, import dependency, corruption, labour standards and eco efficiency in Nigeria. To this end, the study examined the extent to which organizations' corporate social responsibility tackles sustainability exposure as required by the Global Reporting Initiative. Survey and content analysis designs were used. Data were collected from primary and secondary sources of six Nigerian companies. T test and ANOVA were also used for the hypotheses tests. It was discovered that organizations' corporate social responsibility significantly addresses sustainability exposure through Global Reporting Initiative and other results. It was recommended that companies in Nigeria should adopt the global reporting initiative as a means of observing their corporate social responsibility. Regulatory authority should as a matter of urgency ensure that companies report on their sustainability impacts on the economy. Bassey Ekpo | Emmanuel E. Okon | Sunny B. Beredugo "Addressing Sustainability Exposures through Corporate Social Responsibility in Nigeria: An International Perspective" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-5 , August 2019, URL: https://www.ijtsrd.com/papers/ijtsrd26644.pdfPaper URL: https://www.ijtsrd.com/management/other/26644/addressing-sustainability-exposures-through-corporate-social-responsibility-in-nigeria-an-international-perspective/bassey-ekpo
Grievance Procedure and Organizational Citizenship Behaviour in Multinational...ijtsrd
This document discusses a study that examines the relationship between grievance procedures and organizational citizenship behavior in multinational oil and gas companies in Nigeria. It first provides background on organizational citizenship behavior and defines its components of conscientiousness, courtesy, civic virtue, and altruism. It then discusses employee grievance procedures and how they provide a mechanism for employees to voice dissatisfaction. The study found a positive significant relationship between having grievance procedures and organizational citizenship behavior in these companies. Specifically, it found relationships between grievance procedures and the components of conscientiousness, courtesy, altruism, and civic virtue. The document concludes that establishing formal grievance procedures can help enhance organizational citizenship among employees.
Environmental Sustainability Accounting and the Performance of Oil and Gas Co...ijtsrd
This research paper seeks to establish Environmental sustainability Accounting and the performance of Oil and Gas Companies in Rivers State, Nigeria. To achieve the objective of the study, hypotheses were formulated, and a review of related literature was made. The hypotheses were tested using multiple regression analysis with the aid of E View, using a 5 level of significance. Based on the findings of this study, we conclude that the disclosure of human resources disclosure and environmental sustainability disclosure significantly affect the financial performance of oil and gas companies in Rivers State. It was recommended among others that the government should put in place suitable legislation for all companies to make adequate disclosure of their activities to the Environment, and firms should formulate and implement environmentally friendly policies. Isaac Laime Odogu | Timinipre Joseph Okpobo "Environmental Sustainability Accounting and the Performance of Oil & Gas Companies in Rivers State, Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-5 , August 2022, URL: https://www.ijtsrd.com/papers/ijtsrd50644.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/50644/environmental-sustainability-accounting-and-the-performance-of-oil-and-gas-companies-in-rivers-state-nigeria/isaac-laime-odogu
Effect of Board Structure on Sustainability Disclosure of Listed Building Mat...ijtsrd
This document discusses a study that examined the effect of board structure on sustainability disclosure of listed building material firms in Nigeria. Board structure was measured by factors like board shareholding, independence, female representation, and meetings. The study found an insignificant and positive association between board independence, female representation, and meetings with sustainability disclosures. Board shareholding was found to have an insignificant and negative relationship with sustainability disclosures. The study recommends that regulators encourage board members who are owners to ensure their position does not discourage accountability, and that policies be made to increase female board representation to favor greater stakeholder orientation and sustainability disclosures.
Effect of Board Structure on Sustainability Disclosure in Anambra State Polyt...ijtsrd
The study examined the effect of board structure on sustainability disclosure in Anambra state polytechnic. Board structure was proxy using board female representation and board meetings while the sustainability disclosure was measured using sustainability disclosure index. Ex post facto design was adopted and the data for the study was collected from the yearly reporting of the institution and also report on council sitting for the period of 2018 2022. OLS Regression Model was used in the data analysis and the results of the study indicates that board female representation and board meeting have positive and significant effect on sustainability disclosures in Anambra state polytechnic at 1 5 significant level. Hence, the study concludes that board structure ensures sustainability disclosure in Anambra State Polytechnic, Mgbakwu. In lieu of this, the study recommends among all that there is a need for consideration of female board representation when appointing the council members in the polytechnic. There should be policies that should require institutions to nominate women as council members. This is based on the fact that female board representation favours greater orientation towards stakeholders and social issues by influencing disclosures on sustainability activities. Also, government who appoints the council members should consider standardizing the number of meeting of the council as frequent meeting of the board council ensures sustainability in Anambra State Polytechnic. Ezekwonna Chinedu. E | Modozie Emmanuel. C | Udeachu Peter. I "Effect of Board Structure on Sustainability Disclosure in Anambra State Polytechnic Mgbakwu: Comparative Study of Tertiary Institution in Anambra State" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-4, August 2023, URL: https://www.ijtsrd.com/papers/ijtsrd59814.pdf Paper Url:https://www.ijtsrd.com/humanities-and-the-arts/education/59814/effect-of-board-structure-on-sustainability-disclosure-in-anambra-state-polytechnic-mgbakwu-comparative-study-of-tertiary-institution-in-anambra-state/ezekwonna-chinedu-e
Influence of Environmental and Social Sustainability Disclosures on Financial...ijtsrd
Background Environmental and social sustainability disclosures ESD are conceded as an action by a firm, which the firm chooses to take, that substantially affects identifiable social stakeholder welfare. A socially responsible corporation should take a step forward and adopt policies and business practices that go beyond the minimum legal requirements and contribution to the welfare of its key stakeholders.Aim This study empirically investigated the influence of environmental and social sustainability disclosures on financial performance of Oil and Gas Firms in Nigeria. The study is vital as it portrays the extent to which environmental and social sustainability influence firms’ performance. In order to determine the relationship between environmental, social sustainability disclosures and financial performance, environmental and social sustainability disclosure was measured using the GRI G4 on content index while firms’ performance on the other hand was represented by return on equity ROE and net assets per share NAPS . Materials and Methods Four hypotheses were formulated to guide the investigation and the statistical test of parameter estimates was conducted using OLS regression model operated with STATA V.15. Ex Post Facto design was adopted and data for the study were obtained from the published annual financial reports of the entire oil and gas firms quoted on Nigerian Exchange Group NGX with data spanning from 2016 2020.Results The findings of the study generally indicate that environmental and social sustainability disclosures have significant and positive influence on firms’ performance measured by return on equity ROE and net assets per share NAPS at 1 5 significant level respectively. Conclusion Thus, the study concludes that environmental and social sustainability disclosures positively improved firms’ performance over the years. Recommendation The study however suggests the need for firms to have a positive disposition towards environmental friendly practices and also disclose more of this information in their annual reports on her commitment of business to contribute to sustainable economic development as the level of this information disclosure has influenced firms’ performance over the years. Onuora, J. K. J. | Obiora Fabian. | Ikubor Augustine "Influence of Environmental and Social Sustainability Disclosures on Financial Performance of Oil and Gas Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-2 , February 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49380.pdf Paper URL: https://www.ijtsrd.com/management/strategic-management/49380/influence-of-environmental-and-social-sustainability-disclosures-on-financial-performance-of-oil-and-gas-firms-in-nigeria/onuora-j-k-j
triple bottom line accounting on financial performance of quoted industrial g...ijtsrd
This study examines Triple Bottom Line Accounting on Financial Performance of Quoted Industrial Goods Production firms in Nigeria. The sample comprises of 11 manufacturing firms Quoted on the Nigerian stock exchange NSE , covering the period of 2013 to 2017 five years. The combination of 11 firms for a five years period provides a balanced panel of observations for analysis using a cross sectional and ex post facto research design. Triple Bottom Line Accounting measures, are Economic cost, Social cost, and Environmental cost. Financial Performance measure was Market Value Per Share. The postulated hypotheses were tested, using ordinary least square method of Multiple Regression Analysis. The empirical results states that, the r squared of 0.38 suggest that our regression model, which regressed Triple Bottom Line Accounting indicators on Financial Performance of Quoted Industrial Goods Production Firms in Nigeria is well fitted. The outcome is 38 and the probability value of f statistics is significant at 1 supporting the credibility of the regression equation. This shows the ability of the selected explanatory variables to predict the changes that occur in Financial Performance of quoted industrial goods production firms in Nigeria. Based on the above findings, we recommend that, regulatory authorities, such as the Financial Reporting Council FRC , Nigeria Stock Exchange NSE and Securities and Exchange Commission SEC to issue out necessary compliance directives and improve their compliance monitoring mechanisms to ensure a reasonable level of compliance by all companies to present their account reports in compliance with triple bottom line accounting pattern. Laime Isaac Odogu | Pereowei Anderson Obalakumo | Timinipre Joseph Okpobo "Triple Bottom Line Accounting on Financial Performance of Quoted Industrial Goods Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-5 , August 2020, URL: https://www.ijtsrd.com/papers/ijtsrd31844.pdf Paper Url :https://www.ijtsrd.com/management/accounting-and-finance/31844/triple-bottom-line-accounting-on-financial-performance-of-quoted-industrial-goods-firms-in-nigeria/laime-isaac-odogu
Green Accounting and Firm Performance in NigeriaYogeshIJTSRD
This study examines the impact of green accounting on firm performance in Nigeria. TobinQ was use to measure the firm value. The study selected 72 manufacturing firms listed on the Nigerian Stock Exchange that disclosed green accounting information in line with GRI 4. Ex post facto research design was used and secondary data were collected from annual report of sampled firms from 2012 2019. The data were analyzed with descriptive statistics and correlation analysis while pooled ordinary least squared regression was employed to test formulated hypotheses. From the analysis it was discovered that material and energy disclosure have positive and significant effect on firm performance. Based on these findings, the study recommends that company’s should develop policy concerning materials used to produce and package company’s primary product and services during the reporting period and firms should also make their operation more sustainable by reporting on their energy consumption and energy efficiency policy being aware of it’s in becoming accountable and responsible. Okoli Pamela. C | Onuora J. K. J | Emeka- Nwokeji, N. A "Green Accounting and Firm Performance in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd45057.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/45057/green-accounting-and-firm-performance-in-nigeria/okoli-pamela-c
Board Attributes and Sustainability Disclosure of Quoted Companies in the Bui...ijtsrd
The study examined the effect which board attributes, namely board size, board independence and board diligence meeting have on sustainability disclosure of industrial goods firms in Nigeria. The study is based on a sample of nine listed building material companies under industrial goods sector in Nigeria Exchange Group Plc from 2012 2019. Collected data were analyzed with pooled ordinary least square regression including diagnostic test to confirm the assumptions of the regression. The empirical result indicates that board size has positive and significant effect on sustainability disclosures. Board independence and board diligence have positive but insignificant influence on sustainability disclosures on listed building g material firms in Nigeria. Findings of the study have important policy implications that corporate board attributes can reduce information asymmetry between firm management and investors through sustainability disclosures thereby showing increase concern for stakeholders. The study recommends that regulatory bodies should ensure that all listed firms should comply with the requirements of having sufficient members on the board as specified on the Nigerian Code of Corporate Governance 2018 and Companies and Allied Matters Act 2020 . Emeka Nwokeji N. A | Ohajiano Nwannekalecturer | Agubata N. S "Board Attributes and Sustainability Disclosure of Quoted Companies in the Building Material Sub-Sector of Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-1 , December 2021, URL: https://www.ijtsrd.com/papers/ijtsrd47904.pdf Paper URL: https://www.ijtsrd.com/other-scientific-research-area/other/47904/board-attributes-and-sustainability-disclosure-of-quoted-companies-in-the-building-material-subsector-of-nigeria/emeka-nwokeji-n-a
Effect of Environmental Costs on Financial Performance of Oil and Gas Compani...ijtsrd
The main objective of this study was to ascertain the effect of environmental costs on financial performance of oil and gas companies listed on Nigeria stock exchange. The specific objectives were to assess the effect of Employee Health and Safety Cost on Tobin's Q of Oil and Gas Companies listed on Nigeria Stock Exchange and determine the effect of Waste Management Cost on Tobin's Q of Oil and Gas Companies listed on Nigeria Stock Exchange. Ex post facto research design was adopted for the study and data collected was analysis and tested using regression analysis with aid of E view 9.0 the result shows that employee health and safety cost has a significant positive effect on Tobin's Q of Oil and Gas Companies listed on Nigeria Stock Exchange at 5 level of significance. Another finding indicate that waste management cost has significant positive effect on Tobin's Q of Oil and Gas Companies listed on Nigeria Stock Exchange at 5 level of significance. The following recommendations were made in line with the findings and conclusion of this study Oil and gas firms should increase their involvement in Employee Health and Safety Cost since it positively affects financial performance. Oil and gas firms should get more involved in waste management activities, since cost on waste management is more committed in improving organizational performance. Osisioma, Benjamin C. | Chiamogu, Anselm N. "Effect of Environmental Costs on Financial Performance of Oil and Gas Companies Listed on Nigeria Stock Exchange" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-4 , June 2020, URL: https://www.ijtsrd.com/papers/ijtsrd31140.pdf Paper Url :https://www.ijtsrd.com/management/accounting-and-finance/31140/effect-of-environmental-costs-on-financial-performance-of-oil-and-gas-companies-listed-on-nigeria-stock-exchange/osisioma-benjamin-c
Corporate Governance An Empirical Study on Tax Avoidance of Consumer Goods Fi...ijtsrd
This study delved the relationship between commercial governance and duty avoidance of quoted consumer goods manufacturing enterprises in Nigeria. Specifically, the study sought to examine the effect of board independence and CEO duality on effective duty rate. The study espoused the Ex Post Facto exploration design. The population comprised of all quoted consumer goods manufacturing enterprises on the Nigerian Stock Exchange NSE from 2010 to 2020. The sample was intentionally drawn from all the consumer goods manufacturing enterprises of the NSE. Data were attained from periodic reports and accounts of the quoted companies. The study used both descriptive and deducible statistics to assay the data. The suppositions were tested using Retrogression analysis fashion with aid ofE view9.0. From the analysis, the study set up that board independence has positive effect on effective duty rate of quoted consumer goods manufacturing enterprises, and this effect isnt statistically significant, also CEO duality has a negative effect on effective duty rate of quoted consumer goods manufacturing enterprises, but this effect is statistically significant. The study thus recommended among others that Moderate board sizes Since an exorbitantly large board size may not ameliorate the effectiveness of opinions, the establishment should maintain optimum board size position and not exceed the sufficient number necessary to drive the company through its vision. Echekoba Felix Nwolisa | Patrick Amechi. Mbanefo | Ubesie Cyril Madubuko "Corporate Governance: An Empirical Study on Tax Avoidance of Consumer Goods Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-3 , June 2023, URL: https://www.ijtsrd.com.com/papers/ijtsrd56304.pdf Paper URL: https://www.ijtsrd.com.com/management/accounting-and-finance/56304/corporate-governance-an-empirical-study-on-tax-avoidance-of-consumer-goods-firms-in-nigeria/echekoba-felix-nwolisa
This study examines empirically the relationship between corporate social responsibility and financial performance of some selected banks in Nigeria with the use of secondary data, sourced from six (6) selected banks annual reports and accounts using Judgemental sampling in a population of fifteen (15) Banks. Financial summary between “2002-2011” i.e. ten (10) years period and NSE FACT Book were used to obtain data. The objective of this study is to examine the impact of banks financial performance on Corporate Social Responsibility. The study utilized multiple regressions for the analysis of collected data, findings from the analysis of selected banks show that financial performance (PAT, ROCE, EPS) have significant positive impact on corporate social responsibility, and the collinearity test show that there is no Multicollinearity between the independents variables. The Independent Variables are PAT, ROE, ROA, EPS and ROCE which constitute indicators of banks financial performance while the Dependent variables are Philanthropic, Economic, Legal and Ethical Responsibilities (CSR). It is recommended that Nigerian banks should embrace the culture of CSR and government should established laws and regulations to oblige financial institutions or rather banks in Nigeria to give adequate attention to social responsibility, social accounting and put in place strong mechanisms and institutions to monitor compliance and if possible determine the quantum amount of charitable contribution to be reported in their annual reports and accounts by providing index or range.
Relationship between Corporate Social Responsibility and Earnings Management ...ijtsrd
The relationship between corporate social responsibility CSR and earnings management EM is an extensive empirical study. However, the evidence on the nature of the relationship is unclear. A commonly defined reason for divergent and contradictory results is measurement issues. The purpose of this article is to evaluate alternative operation and measurement methods applied to the CSR and EM concepts in the empirical literature on CSR EM relationships. Our systematized appraisal was conducted over the last nine years from 2008 to 2016. This study has come to different observations. First, CSR measurement methods include sustainability indexes, content analyzes and single dimensional measurements, while EM measurement methods include discretionary accruals, discretionary loan loss provisions, real earnings management, abnormal earnings management, earnings persistence and earnings smoothing. In addition to the unique drawbacks of the approach, the subjectivity of the researcher and the selection anomalies that may influence the nature of the CSR EM relationships identified in the empirical literature. Finally, possible ways of overcoming these disadvantages are recommended. Mashiur Rahman | Sarah Chowdhury ""Relationship between Corporate Social Responsibility and Earnings Management: A Systematic Review of Measurement Methods"" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-2 , February 2020,
URL: https://www.ijtsrd.com/papers/ijtsrd29987.pdf
Paper Url : https://www.ijtsrd.com/management/business-ethics-and-legal-issues/29987/relationship-between-corporate-social-responsibility-and-earnings-management-a-systematic-review-of-measurement-methods/mashiur-rahman
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Sugarcane Company’s performance has remained to be one of the challenging facts in the growing companies in Kenya today. The delays in harvesting operations are attributed to uncoordinated and unpredictable harvesting and transport schedules; and inefficiencies in mill operations. Therefore, the main aim of the study is to determine the influence of Sustainability Management Systems CSR on firm performance of selected sugarcane companies in Kenya. The study is guided by Corporate Social Performance Theory. This study used ex- post facto research design. Ex- post facto research design determines and reports the way things are. The target population was 528 employees. This study therefore sampled 228 respondents. Purposive sampling technique was used to select 10 managers, 24 supervisors, 38 accountants and 156 clerks from the 7 sugarcane companies because they have specific information concerning the effects of corporate social responsibility practice on firm performance of selected sugarcane companies in Kenya. Pilot study was done in order to test for validity and reliability of the research tools. The pilot study was done in Trans-Mara Sugar Company found in rift Valley region of Kenya. For inferential statistics, correlation and multiple regression was used for comparative analysis between frequencies of corporate social responsibility practice on firm performance. The study findings indicated that sustainability management systems have an effect on firm performance. The government will use this study in establishing policies that would ensure improvement in firm performance of sugarcane processing firms among other firms in Kenya. The study recommends that the companies should encourage sustainability management systems since sustainable management systems is an important mechanism for improving corporate sustainability performance. It can generate business value through measurement and management of sustainability risks and opportunities. The study recommends further researchers to study on corporate social responsibility strategy and financial performance of firms in Kenya which the study didn’t cover.
Environmental Sustainability Reporting and Financial Performance of Listed Ma...ijtsrd
Background Environmental sustainability is the art or science of measuring, disclosing, and being accountable to internal and external stakeholders for organizational performance towards the goal of sustainable development.Aim This study was carried out to examine the relationship between environmental sustainability reporting and financial performance of manufacturing firms in Nigeria. In order to determine the relationship between environmental sustainability reporting ESR and financial performance, environmental sustainability reporting was proxy using Kinder Lydenberg Domini KLD social environmental performance rating system while financial performance on the hand was proxy using return on equity ROE and net assets per share NAPS . Materials and Methods The study adopted Ex Post Facto Design and data were collected from the annual reports and accounts of consumer goods firms in Nigeria spanning from 2016 2020. The study employed OLS regression model as a statistical test tool.Results The findings of the study indicate that environmental sustainability reporting ESR has significant and positive relationship with financial performance ROE and NAPS of manufacturing firms in Nigeria at 5 significant level. Conclusion Thus, the study concludes that environmental sustainability reporting ensures firms performance in Nigeria. Recommendation Hence, the study recommended that the management of environmentally sensitive firms in Nigeria should sustain and enhance environmental sustainability reporting since it has positive and significant relationship with financial performance. Obiora Fabian. | Ijoma Rev. Sr. Mary Alice "Environmental Sustainability Reporting and Financial Performance of Listed Manufacturing Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-2 , February 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49332.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/49332/environmental-sustainability-reporting-and-financial-performance-of-listed-manufacturing-firms-in-nigeria/obiora-fabian
An impact of social audits on corporate performance, analyses of nigerian man...Alexander Decker
This document summarizes a research study that examined the impact of corporate social responsibility on the profitability of firms in Nigeria. The study analyzed data from 10 randomly selected Nigerian manufacturing firms from 1999-2008. The results showed that firms invested less than 10% of annual profits in social responsibility. A statistical analysis found that corporate social responsibility accounted for about 62% of the variation in firm performance. The study concluded that laws should be enacted to require firms to comply with social responsibility obligations and that more attention should be given to social accounting and costs.
‘Six Sigma Technique’ A Journey Through its Implementationijtsrd
The manufacturing industries all over the world are facing tough challenges for growth, development and sustainability in today’s competitive environment. They have to achieve apex position by adapting with the global competitive environment by delivering goods and services at low cost, prime quality and better price to increase wealth and consumer satisfaction. Cost Management ensures profit, growth and sustainability of the business with implementation of Continuous Improvement Technique like Six Sigma. This leads to optimize Business performance. The method drives for customer satisfaction, low variation, reduction in waste and cycle time resulting into a competitive advantage over other industries which did not implement it. The main objective of this paper ‘Six Sigma Technique A Journey Through Its Implementation’ is to conceptualize the effectiveness of Six Sigma Technique through the journey of its implementation. Aditi Sunilkumar Ghosalkar "‘Six Sigma Technique’: A Journey Through its Implementation" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64546.pdf Paper Url: https://www.ijtsrd.com/other-scientific-research-area/other/64546/‘six-sigma-technique’-a-journey-through-its-implementation/aditi-sunilkumar-ghosalkar
Edge Computing in Space Enhancing Data Processing and Communication for Space...ijtsrd
Edge computing, a paradigm that involves processing data closer to its source, has gained significant attention for its potential to revolutionize data processing and communication in space missions. With the increasing complexity and data volume generated by modern space missions, traditional centralized computing approaches face challenges related to latency, bandwidth, and security. Edge computing in space, involving on board processing and analysis of data, offers promising solutions to these challenges. This paper explores the concept of edge computing in space, its benefits, applications, and future prospects in enhancing space missions. Manish Verma "Edge Computing in Space: Enhancing Data Processing and Communication for Space Missions" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64541.pdf Paper Url: https://www.ijtsrd.com/computer-science/artificial-intelligence/64541/edge-computing-in-space-enhancing-data-processing-and-communication-for-space-missions/manish-verma
More Related Content
Similar to Corporate Social Responsibility and Value Creation of Quoted Oil and Gas Firms in Nigeria
Social Sustainability Disclosures and Performance of ICT Firms in Nigeria an ...ijtsrd
Background Sustainability disclosures deal with the measurement, analysis and communication of interactions and links between social, environmental and economic issues constituting the three dimensions of sustainability Aim This study empirically investigated the relationship between social sustainability disclosures and performance of listed ICT firms’ in Nigeria. The study is vital as it portrays the extent to which social sustainability disclosure influences firms’ performance. In order to determine the relationship between social sustainability disclosures SSDs and firms’ performance, social sustainability disclosure index by GRI was used while firms’ performance on the other hand was represented by net assets per share NAPS . Materials and Methods Four hypotheses were formulated to guide the investigation and the statistical test of parameter estimates was conducted using OLS regression model operated with STATA 15. Ex Post Facto design was adopted and data for the study were obtained from the Nigerian Stock Exchange Factbook and the published annual financial reports of the entire listed ICT firms on NSE with data spanning from 2015 2020. Results The finding generally indicates that human rights disclosure, labour practices and decent work disclosure, product responsibility disclosure and societal disclosure have significant influence on firms’ performance NAPS at 5 significant level. Conclusion Based on the findings of the study, the study concludes that social sustainability disclosure has positively improved firms performance over the years. Recommendation The study however suggests that firms should disclose more of this information in their annual reports concerning her commitment of business to contribute to sustainable economic development, working with employees, their families and the local communities as the level this information disclosure has exerted significant influence on firms’ performance over the years. Obiora Fabian. C. | Onuora, J. K. J. | Nworah Cynthia. N "Social Sustainability Disclosures and Performance of ICT Firms in Nigeria; an Independent and Joint Effect Analysis" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-1 , December 2021, URL: https://www.ijtsrd.com/papers/ijtsrd48007.pdf Paper URL: https://www.ijtsrd.com/management/business-environment/48007/social-sustainability-disclosures-and-performance-of-ict-firms-in-nigeria-an-independent-and-joint-effect-analysis/obiora-fabian-c
Addressing Sustainability Exposures through Corporate Social Responsibility i...ijtsrd
There has been considerable progress in holding companies accountable for their social responsibility performance. However, progress on socio economic and environmental impact of their practices has been more limited thereby creating an atmosphere of unfavorable business conduct and sustainability exposures. The absent of internationally recognized standards of corporate social responsibility in Nigeria have further aggravated the issue. There have also been little to no report on corporate responsibility in relation to enterprises overall economic relevance to the economy, import dependency, corruption, labour standards and eco efficiency in Nigeria. To this end, the study examined the extent to which organizations' corporate social responsibility tackles sustainability exposure as required by the Global Reporting Initiative. Survey and content analysis designs were used. Data were collected from primary and secondary sources of six Nigerian companies. T test and ANOVA were also used for the hypotheses tests. It was discovered that organizations' corporate social responsibility significantly addresses sustainability exposure through Global Reporting Initiative and other results. It was recommended that companies in Nigeria should adopt the global reporting initiative as a means of observing their corporate social responsibility. Regulatory authority should as a matter of urgency ensure that companies report on their sustainability impacts on the economy. Bassey Ekpo | Emmanuel E. Okon | Sunny B. Beredugo "Addressing Sustainability Exposures through Corporate Social Responsibility in Nigeria: An International Perspective" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-5 , August 2019, URL: https://www.ijtsrd.com/papers/ijtsrd26644.pdfPaper URL: https://www.ijtsrd.com/management/other/26644/addressing-sustainability-exposures-through-corporate-social-responsibility-in-nigeria-an-international-perspective/bassey-ekpo
Grievance Procedure and Organizational Citizenship Behaviour in Multinational...ijtsrd
This document discusses a study that examines the relationship between grievance procedures and organizational citizenship behavior in multinational oil and gas companies in Nigeria. It first provides background on organizational citizenship behavior and defines its components of conscientiousness, courtesy, civic virtue, and altruism. It then discusses employee grievance procedures and how they provide a mechanism for employees to voice dissatisfaction. The study found a positive significant relationship between having grievance procedures and organizational citizenship behavior in these companies. Specifically, it found relationships between grievance procedures and the components of conscientiousness, courtesy, altruism, and civic virtue. The document concludes that establishing formal grievance procedures can help enhance organizational citizenship among employees.
Environmental Sustainability Accounting and the Performance of Oil and Gas Co...ijtsrd
This research paper seeks to establish Environmental sustainability Accounting and the performance of Oil and Gas Companies in Rivers State, Nigeria. To achieve the objective of the study, hypotheses were formulated, and a review of related literature was made. The hypotheses were tested using multiple regression analysis with the aid of E View, using a 5 level of significance. Based on the findings of this study, we conclude that the disclosure of human resources disclosure and environmental sustainability disclosure significantly affect the financial performance of oil and gas companies in Rivers State. It was recommended among others that the government should put in place suitable legislation for all companies to make adequate disclosure of their activities to the Environment, and firms should formulate and implement environmentally friendly policies. Isaac Laime Odogu | Timinipre Joseph Okpobo "Environmental Sustainability Accounting and the Performance of Oil & Gas Companies in Rivers State, Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-5 , August 2022, URL: https://www.ijtsrd.com/papers/ijtsrd50644.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/50644/environmental-sustainability-accounting-and-the-performance-of-oil-and-gas-companies-in-rivers-state-nigeria/isaac-laime-odogu
Effect of Board Structure on Sustainability Disclosure of Listed Building Mat...ijtsrd
This document discusses a study that examined the effect of board structure on sustainability disclosure of listed building material firms in Nigeria. Board structure was measured by factors like board shareholding, independence, female representation, and meetings. The study found an insignificant and positive association between board independence, female representation, and meetings with sustainability disclosures. Board shareholding was found to have an insignificant and negative relationship with sustainability disclosures. The study recommends that regulators encourage board members who are owners to ensure their position does not discourage accountability, and that policies be made to increase female board representation to favor greater stakeholder orientation and sustainability disclosures.
Effect of Board Structure on Sustainability Disclosure in Anambra State Polyt...ijtsrd
The study examined the effect of board structure on sustainability disclosure in Anambra state polytechnic. Board structure was proxy using board female representation and board meetings while the sustainability disclosure was measured using sustainability disclosure index. Ex post facto design was adopted and the data for the study was collected from the yearly reporting of the institution and also report on council sitting for the period of 2018 2022. OLS Regression Model was used in the data analysis and the results of the study indicates that board female representation and board meeting have positive and significant effect on sustainability disclosures in Anambra state polytechnic at 1 5 significant level. Hence, the study concludes that board structure ensures sustainability disclosure in Anambra State Polytechnic, Mgbakwu. In lieu of this, the study recommends among all that there is a need for consideration of female board representation when appointing the council members in the polytechnic. There should be policies that should require institutions to nominate women as council members. This is based on the fact that female board representation favours greater orientation towards stakeholders and social issues by influencing disclosures on sustainability activities. Also, government who appoints the council members should consider standardizing the number of meeting of the council as frequent meeting of the board council ensures sustainability in Anambra State Polytechnic. Ezekwonna Chinedu. E | Modozie Emmanuel. C | Udeachu Peter. I "Effect of Board Structure on Sustainability Disclosure in Anambra State Polytechnic Mgbakwu: Comparative Study of Tertiary Institution in Anambra State" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-4, August 2023, URL: https://www.ijtsrd.com/papers/ijtsrd59814.pdf Paper Url:https://www.ijtsrd.com/humanities-and-the-arts/education/59814/effect-of-board-structure-on-sustainability-disclosure-in-anambra-state-polytechnic-mgbakwu-comparative-study-of-tertiary-institution-in-anambra-state/ezekwonna-chinedu-e
Influence of Environmental and Social Sustainability Disclosures on Financial...ijtsrd
Background Environmental and social sustainability disclosures ESD are conceded as an action by a firm, which the firm chooses to take, that substantially affects identifiable social stakeholder welfare. A socially responsible corporation should take a step forward and adopt policies and business practices that go beyond the minimum legal requirements and contribution to the welfare of its key stakeholders.Aim This study empirically investigated the influence of environmental and social sustainability disclosures on financial performance of Oil and Gas Firms in Nigeria. The study is vital as it portrays the extent to which environmental and social sustainability influence firms’ performance. In order to determine the relationship between environmental, social sustainability disclosures and financial performance, environmental and social sustainability disclosure was measured using the GRI G4 on content index while firms’ performance on the other hand was represented by return on equity ROE and net assets per share NAPS . Materials and Methods Four hypotheses were formulated to guide the investigation and the statistical test of parameter estimates was conducted using OLS regression model operated with STATA V.15. Ex Post Facto design was adopted and data for the study were obtained from the published annual financial reports of the entire oil and gas firms quoted on Nigerian Exchange Group NGX with data spanning from 2016 2020.Results The findings of the study generally indicate that environmental and social sustainability disclosures have significant and positive influence on firms’ performance measured by return on equity ROE and net assets per share NAPS at 1 5 significant level respectively. Conclusion Thus, the study concludes that environmental and social sustainability disclosures positively improved firms’ performance over the years. Recommendation The study however suggests the need for firms to have a positive disposition towards environmental friendly practices and also disclose more of this information in their annual reports on her commitment of business to contribute to sustainable economic development as the level of this information disclosure has influenced firms’ performance over the years. Onuora, J. K. J. | Obiora Fabian. | Ikubor Augustine "Influence of Environmental and Social Sustainability Disclosures on Financial Performance of Oil and Gas Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-2 , February 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49380.pdf Paper URL: https://www.ijtsrd.com/management/strategic-management/49380/influence-of-environmental-and-social-sustainability-disclosures-on-financial-performance-of-oil-and-gas-firms-in-nigeria/onuora-j-k-j
triple bottom line accounting on financial performance of quoted industrial g...ijtsrd
This study examines Triple Bottom Line Accounting on Financial Performance of Quoted Industrial Goods Production firms in Nigeria. The sample comprises of 11 manufacturing firms Quoted on the Nigerian stock exchange NSE , covering the period of 2013 to 2017 five years. The combination of 11 firms for a five years period provides a balanced panel of observations for analysis using a cross sectional and ex post facto research design. Triple Bottom Line Accounting measures, are Economic cost, Social cost, and Environmental cost. Financial Performance measure was Market Value Per Share. The postulated hypotheses were tested, using ordinary least square method of Multiple Regression Analysis. The empirical results states that, the r squared of 0.38 suggest that our regression model, which regressed Triple Bottom Line Accounting indicators on Financial Performance of Quoted Industrial Goods Production Firms in Nigeria is well fitted. The outcome is 38 and the probability value of f statistics is significant at 1 supporting the credibility of the regression equation. This shows the ability of the selected explanatory variables to predict the changes that occur in Financial Performance of quoted industrial goods production firms in Nigeria. Based on the above findings, we recommend that, regulatory authorities, such as the Financial Reporting Council FRC , Nigeria Stock Exchange NSE and Securities and Exchange Commission SEC to issue out necessary compliance directives and improve their compliance monitoring mechanisms to ensure a reasonable level of compliance by all companies to present their account reports in compliance with triple bottom line accounting pattern. Laime Isaac Odogu | Pereowei Anderson Obalakumo | Timinipre Joseph Okpobo "Triple Bottom Line Accounting on Financial Performance of Quoted Industrial Goods Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-5 , August 2020, URL: https://www.ijtsrd.com/papers/ijtsrd31844.pdf Paper Url :https://www.ijtsrd.com/management/accounting-and-finance/31844/triple-bottom-line-accounting-on-financial-performance-of-quoted-industrial-goods-firms-in-nigeria/laime-isaac-odogu
Green Accounting and Firm Performance in NigeriaYogeshIJTSRD
This study examines the impact of green accounting on firm performance in Nigeria. TobinQ was use to measure the firm value. The study selected 72 manufacturing firms listed on the Nigerian Stock Exchange that disclosed green accounting information in line with GRI 4. Ex post facto research design was used and secondary data were collected from annual report of sampled firms from 2012 2019. The data were analyzed with descriptive statistics and correlation analysis while pooled ordinary least squared regression was employed to test formulated hypotheses. From the analysis it was discovered that material and energy disclosure have positive and significant effect on firm performance. Based on these findings, the study recommends that company’s should develop policy concerning materials used to produce and package company’s primary product and services during the reporting period and firms should also make their operation more sustainable by reporting on their energy consumption and energy efficiency policy being aware of it’s in becoming accountable and responsible. Okoli Pamela. C | Onuora J. K. J | Emeka- Nwokeji, N. A "Green Accounting and Firm Performance in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd45057.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/45057/green-accounting-and-firm-performance-in-nigeria/okoli-pamela-c
Board Attributes and Sustainability Disclosure of Quoted Companies in the Bui...ijtsrd
The study examined the effect which board attributes, namely board size, board independence and board diligence meeting have on sustainability disclosure of industrial goods firms in Nigeria. The study is based on a sample of nine listed building material companies under industrial goods sector in Nigeria Exchange Group Plc from 2012 2019. Collected data were analyzed with pooled ordinary least square regression including diagnostic test to confirm the assumptions of the regression. The empirical result indicates that board size has positive and significant effect on sustainability disclosures. Board independence and board diligence have positive but insignificant influence on sustainability disclosures on listed building g material firms in Nigeria. Findings of the study have important policy implications that corporate board attributes can reduce information asymmetry between firm management and investors through sustainability disclosures thereby showing increase concern for stakeholders. The study recommends that regulatory bodies should ensure that all listed firms should comply with the requirements of having sufficient members on the board as specified on the Nigerian Code of Corporate Governance 2018 and Companies and Allied Matters Act 2020 . Emeka Nwokeji N. A | Ohajiano Nwannekalecturer | Agubata N. S "Board Attributes and Sustainability Disclosure of Quoted Companies in the Building Material Sub-Sector of Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-1 , December 2021, URL: https://www.ijtsrd.com/papers/ijtsrd47904.pdf Paper URL: https://www.ijtsrd.com/other-scientific-research-area/other/47904/board-attributes-and-sustainability-disclosure-of-quoted-companies-in-the-building-material-subsector-of-nigeria/emeka-nwokeji-n-a
Effect of Environmental Costs on Financial Performance of Oil and Gas Compani...ijtsrd
The main objective of this study was to ascertain the effect of environmental costs on financial performance of oil and gas companies listed on Nigeria stock exchange. The specific objectives were to assess the effect of Employee Health and Safety Cost on Tobin's Q of Oil and Gas Companies listed on Nigeria Stock Exchange and determine the effect of Waste Management Cost on Tobin's Q of Oil and Gas Companies listed on Nigeria Stock Exchange. Ex post facto research design was adopted for the study and data collected was analysis and tested using regression analysis with aid of E view 9.0 the result shows that employee health and safety cost has a significant positive effect on Tobin's Q of Oil and Gas Companies listed on Nigeria Stock Exchange at 5 level of significance. Another finding indicate that waste management cost has significant positive effect on Tobin's Q of Oil and Gas Companies listed on Nigeria Stock Exchange at 5 level of significance. The following recommendations were made in line with the findings and conclusion of this study Oil and gas firms should increase their involvement in Employee Health and Safety Cost since it positively affects financial performance. Oil and gas firms should get more involved in waste management activities, since cost on waste management is more committed in improving organizational performance. Osisioma, Benjamin C. | Chiamogu, Anselm N. "Effect of Environmental Costs on Financial Performance of Oil and Gas Companies Listed on Nigeria Stock Exchange" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-4 , June 2020, URL: https://www.ijtsrd.com/papers/ijtsrd31140.pdf Paper Url :https://www.ijtsrd.com/management/accounting-and-finance/31140/effect-of-environmental-costs-on-financial-performance-of-oil-and-gas-companies-listed-on-nigeria-stock-exchange/osisioma-benjamin-c
Corporate Governance An Empirical Study on Tax Avoidance of Consumer Goods Fi...ijtsrd
This study delved the relationship between commercial governance and duty avoidance of quoted consumer goods manufacturing enterprises in Nigeria. Specifically, the study sought to examine the effect of board independence and CEO duality on effective duty rate. The study espoused the Ex Post Facto exploration design. The population comprised of all quoted consumer goods manufacturing enterprises on the Nigerian Stock Exchange NSE from 2010 to 2020. The sample was intentionally drawn from all the consumer goods manufacturing enterprises of the NSE. Data were attained from periodic reports and accounts of the quoted companies. The study used both descriptive and deducible statistics to assay the data. The suppositions were tested using Retrogression analysis fashion with aid ofE view9.0. From the analysis, the study set up that board independence has positive effect on effective duty rate of quoted consumer goods manufacturing enterprises, and this effect isnt statistically significant, also CEO duality has a negative effect on effective duty rate of quoted consumer goods manufacturing enterprises, but this effect is statistically significant. The study thus recommended among others that Moderate board sizes Since an exorbitantly large board size may not ameliorate the effectiveness of opinions, the establishment should maintain optimum board size position and not exceed the sufficient number necessary to drive the company through its vision. Echekoba Felix Nwolisa | Patrick Amechi. Mbanefo | Ubesie Cyril Madubuko "Corporate Governance: An Empirical Study on Tax Avoidance of Consumer Goods Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-3 , June 2023, URL: https://www.ijtsrd.com.com/papers/ijtsrd56304.pdf Paper URL: https://www.ijtsrd.com.com/management/accounting-and-finance/56304/corporate-governance-an-empirical-study-on-tax-avoidance-of-consumer-goods-firms-in-nigeria/echekoba-felix-nwolisa
This study examines empirically the relationship between corporate social responsibility and financial performance of some selected banks in Nigeria with the use of secondary data, sourced from six (6) selected banks annual reports and accounts using Judgemental sampling in a population of fifteen (15) Banks. Financial summary between “2002-2011” i.e. ten (10) years period and NSE FACT Book were used to obtain data. The objective of this study is to examine the impact of banks financial performance on Corporate Social Responsibility. The study utilized multiple regressions for the analysis of collected data, findings from the analysis of selected banks show that financial performance (PAT, ROCE, EPS) have significant positive impact on corporate social responsibility, and the collinearity test show that there is no Multicollinearity between the independents variables. The Independent Variables are PAT, ROE, ROA, EPS and ROCE which constitute indicators of banks financial performance while the Dependent variables are Philanthropic, Economic, Legal and Ethical Responsibilities (CSR). It is recommended that Nigerian banks should embrace the culture of CSR and government should established laws and regulations to oblige financial institutions or rather banks in Nigeria to give adequate attention to social responsibility, social accounting and put in place strong mechanisms and institutions to monitor compliance and if possible determine the quantum amount of charitable contribution to be reported in their annual reports and accounts by providing index or range.
Relationship between Corporate Social Responsibility and Earnings Management ...ijtsrd
The relationship between corporate social responsibility CSR and earnings management EM is an extensive empirical study. However, the evidence on the nature of the relationship is unclear. A commonly defined reason for divergent and contradictory results is measurement issues. The purpose of this article is to evaluate alternative operation and measurement methods applied to the CSR and EM concepts in the empirical literature on CSR EM relationships. Our systematized appraisal was conducted over the last nine years from 2008 to 2016. This study has come to different observations. First, CSR measurement methods include sustainability indexes, content analyzes and single dimensional measurements, while EM measurement methods include discretionary accruals, discretionary loan loss provisions, real earnings management, abnormal earnings management, earnings persistence and earnings smoothing. In addition to the unique drawbacks of the approach, the subjectivity of the researcher and the selection anomalies that may influence the nature of the CSR EM relationships identified in the empirical literature. Finally, possible ways of overcoming these disadvantages are recommended. Mashiur Rahman | Sarah Chowdhury ""Relationship between Corporate Social Responsibility and Earnings Management: A Systematic Review of Measurement Methods"" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-2 , February 2020,
URL: https://www.ijtsrd.com/papers/ijtsrd29987.pdf
Paper Url : https://www.ijtsrd.com/management/business-ethics-and-legal-issues/29987/relationship-between-corporate-social-responsibility-and-earnings-management-a-systematic-review-of-measurement-methods/mashiur-rahman
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Sugarcane Company’s performance has remained to be one of the challenging facts in the growing companies in Kenya today. The delays in harvesting operations are attributed to uncoordinated and unpredictable harvesting and transport schedules; and inefficiencies in mill operations. Therefore, the main aim of the study is to determine the influence of Sustainability Management Systems CSR on firm performance of selected sugarcane companies in Kenya. The study is guided by Corporate Social Performance Theory. This study used ex- post facto research design. Ex- post facto research design determines and reports the way things are. The target population was 528 employees. This study therefore sampled 228 respondents. Purposive sampling technique was used to select 10 managers, 24 supervisors, 38 accountants and 156 clerks from the 7 sugarcane companies because they have specific information concerning the effects of corporate social responsibility practice on firm performance of selected sugarcane companies in Kenya. Pilot study was done in order to test for validity and reliability of the research tools. The pilot study was done in Trans-Mara Sugar Company found in rift Valley region of Kenya. For inferential statistics, correlation and multiple regression was used for comparative analysis between frequencies of corporate social responsibility practice on firm performance. The study findings indicated that sustainability management systems have an effect on firm performance. The government will use this study in establishing policies that would ensure improvement in firm performance of sugarcane processing firms among other firms in Kenya. The study recommends that the companies should encourage sustainability management systems since sustainable management systems is an important mechanism for improving corporate sustainability performance. It can generate business value through measurement and management of sustainability risks and opportunities. The study recommends further researchers to study on corporate social responsibility strategy and financial performance of firms in Kenya which the study didn’t cover.
Environmental Sustainability Reporting and Financial Performance of Listed Ma...ijtsrd
Background Environmental sustainability is the art or science of measuring, disclosing, and being accountable to internal and external stakeholders for organizational performance towards the goal of sustainable development.Aim This study was carried out to examine the relationship between environmental sustainability reporting and financial performance of manufacturing firms in Nigeria. In order to determine the relationship between environmental sustainability reporting ESR and financial performance, environmental sustainability reporting was proxy using Kinder Lydenberg Domini KLD social environmental performance rating system while financial performance on the hand was proxy using return on equity ROE and net assets per share NAPS . Materials and Methods The study adopted Ex Post Facto Design and data were collected from the annual reports and accounts of consumer goods firms in Nigeria spanning from 2016 2020. The study employed OLS regression model as a statistical test tool.Results The findings of the study indicate that environmental sustainability reporting ESR has significant and positive relationship with financial performance ROE and NAPS of manufacturing firms in Nigeria at 5 significant level. Conclusion Thus, the study concludes that environmental sustainability reporting ensures firms performance in Nigeria. Recommendation Hence, the study recommended that the management of environmentally sensitive firms in Nigeria should sustain and enhance environmental sustainability reporting since it has positive and significant relationship with financial performance. Obiora Fabian. | Ijoma Rev. Sr. Mary Alice "Environmental Sustainability Reporting and Financial Performance of Listed Manufacturing Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-2 , February 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49332.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/49332/environmental-sustainability-reporting-and-financial-performance-of-listed-manufacturing-firms-in-nigeria/obiora-fabian
An impact of social audits on corporate performance, analyses of nigerian man...Alexander Decker
This document summarizes a research study that examined the impact of corporate social responsibility on the profitability of firms in Nigeria. The study analyzed data from 10 randomly selected Nigerian manufacturing firms from 1999-2008. The results showed that firms invested less than 10% of annual profits in social responsibility. A statistical analysis found that corporate social responsibility accounted for about 62% of the variation in firm performance. The study concluded that laws should be enacted to require firms to comply with social responsibility obligations and that more attention should be given to social accounting and costs.
Similar to Corporate Social Responsibility and Value Creation of Quoted Oil and Gas Firms in Nigeria (20)
‘Six Sigma Technique’ A Journey Through its Implementationijtsrd
The manufacturing industries all over the world are facing tough challenges for growth, development and sustainability in today’s competitive environment. They have to achieve apex position by adapting with the global competitive environment by delivering goods and services at low cost, prime quality and better price to increase wealth and consumer satisfaction. Cost Management ensures profit, growth and sustainability of the business with implementation of Continuous Improvement Technique like Six Sigma. This leads to optimize Business performance. The method drives for customer satisfaction, low variation, reduction in waste and cycle time resulting into a competitive advantage over other industries which did not implement it. The main objective of this paper ‘Six Sigma Technique A Journey Through Its Implementation’ is to conceptualize the effectiveness of Six Sigma Technique through the journey of its implementation. Aditi Sunilkumar Ghosalkar "‘Six Sigma Technique’: A Journey Through its Implementation" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64546.pdf Paper Url: https://www.ijtsrd.com/other-scientific-research-area/other/64546/‘six-sigma-technique’-a-journey-through-its-implementation/aditi-sunilkumar-ghosalkar
Edge Computing in Space Enhancing Data Processing and Communication for Space...ijtsrd
Edge computing, a paradigm that involves processing data closer to its source, has gained significant attention for its potential to revolutionize data processing and communication in space missions. With the increasing complexity and data volume generated by modern space missions, traditional centralized computing approaches face challenges related to latency, bandwidth, and security. Edge computing in space, involving on board processing and analysis of data, offers promising solutions to these challenges. This paper explores the concept of edge computing in space, its benefits, applications, and future prospects in enhancing space missions. Manish Verma "Edge Computing in Space: Enhancing Data Processing and Communication for Space Missions" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64541.pdf Paper Url: https://www.ijtsrd.com/computer-science/artificial-intelligence/64541/edge-computing-in-space-enhancing-data-processing-and-communication-for-space-missions/manish-verma
Dynamics of Communal Politics in 21st Century India Challenges and Prospectsijtsrd
Communal politics in India has evolved through centuries, weaving a complex tapestry shaped by historical legacies, colonial influences, and contemporary socio political transformations. This research comprehensively examines the dynamics of communal politics in 21st century India, emphasizing its historical roots, socio political dynamics, economic implications, challenges, and prospects for mitigation. The historical perspective unravels the intricate interplay of religious identities and power dynamics from ancient civilizations to the impact of colonial rule, providing insights into the evolution of communalism. The socio political dynamics section delves into the contemporary manifestations, exploring the roles of identity politics, socio economic disparities, and globalization. The economic implications section highlights how communal politics intersects with economic issues, perpetuating disparities and influencing resource allocation. Challenges posed by communal politics are scrutinized, revealing multifaceted issues ranging from social fragmentation to threats against democratic values. The prospects for mitigation present a multifaceted approach, incorporating policy interventions, community engagement, and educational initiatives. The paper conducts a comparative analysis with international examples, identifying common patterns such as identity politics and economic disparities. It also examines unique challenges, emphasizing Indias diverse religious landscape, historical legacy, and secular framework. Lessons for effective strategies are drawn from international experiences, offering insights into inclusive policies, interfaith dialogue, media regulation, and global cooperation. By scrutinizing historical epochs, contemporary dynamics, economic implications, and international comparisons, this research provides a comprehensive understanding of communal politics in India. The proposed strategies for mitigation underscore the importance of a holistic approach to foster social harmony, inclusivity, and democratic values. Rose Hossain "Dynamics of Communal Politics in 21st Century India: Challenges and Prospects" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64528.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/history/64528/dynamics-of-communal-politics-in-21st-century-india-challenges-and-prospects/rose-hossain
Assess Perspective and Knowledge of Healthcare Providers Towards Elehealth in...ijtsrd
Background and Objective Telehealth has become a well known tool for the delivery of health care in Saudi Arabia, and the perspective and knowledge of healthcare providers are influential in the implementation, adoption and advancement of the method. This systematic review was conducted to examine the current literature base regarding telehealth and the related healthcare professional perspective and knowledge in the Kingdom of Saudi Arabia. Materials and Methods This systematic review was conducted by searching 7 databases including, MEDLINE, CINHAL, Web of Science, Scopus, PubMed, PsycINFO, and ProQuest Central. Studies on healthcare practitioners telehealth knowledge and perspectives published in English in Saudi Arabia from 2000 to 2023 were included. Boland directed this comprehensive review. The researchers examined each connected study using the AXIS tool, which evaluates cross sectional systematic reviews. Narrative synthesis was used to summarise and convey the data. Results Out of 1840 search results, 10 studies were included. Positive outlook and limited knowledge among providers were seen across trials. Healthcare professionals like telehealth for its ability to improve quality, access, and delivery, save time and money, and be successful. Age, gender, occupation, and work experience also affect health workers knowledge. In Saudi Arabia, healthcare professionals face inadequate expert assistance, patient privacy, internet connection concerns, lack of training courses, lack of telehealth understanding, and high costs while performing telemedicine. Conclusions Healthcare practitioners telehealth perceptions and knowledge were examined in this systematic study. Its collection of concerned experts different personal attitudes and expertise would help enhance telehealths implementation in Saudi Arabia, develop its healthcare delivery alternative, and eliminate frequent problems. Badriah Mousa I Mulayhi | Dr. Jomin George | Judy Jenkins "Assess Perspective and Knowledge of Healthcare Providers Towards Elehealth in Saudi Arabia: A Systematic Review" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64535.pdf Paper Url: https://www.ijtsrd.com/medicine/other/64535/assess-perspective-and-knowledge-of-healthcare-providers-towards-elehealth-in-saudi-arabia-a-systematic-review/badriah-mousa-i-mulayhi
The Impact of Digital Media on the Decentralization of Power and the Erosion ...ijtsrd
The impact of digital media on the distribution of power and the weakening of traditional gatekeepers has gained considerable attention in recent years. The adoption of digital technologies and the internet has resulted in declining influence and power for traditional gatekeepers such as publishing houses and news organizations. Simultaneously, digital media has facilitated the emergence of new voices and players in the media industry. Digital medias impact on power decentralization and gatekeeper erosion is visible in several ways. One significant aspect is the democratization of information, which enables anyone with an internet connection to publish and share content globally, leading to citizen journalism and bypassing traditional gatekeepers. Another aspect is the disruption of conventional media industry business models, as traditional organizations struggle to adjust to the decrease in advertising revenue and the rise of digital platforms. Alternative business models, such as subscription models and crowdfunding, have become more prevalent, leading to the emergence of new players. Overall, the impact of digital media on the distribution of power and the weakening of traditional gatekeepers has brought about significant changes in the media landscape and the way information is shared. Further research is required to fully comprehend the implications of these changes and their impact on society. Dr. Kusum Lata "The Impact of Digital Media on the Decentralization of Power and the Erosion of Traditional Gatekeepers" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64544.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/political-science/64544/the-impact-of-digital-media-on-the-decentralization-of-power-and-the-erosion-of-traditional-gatekeepers/dr-kusum-lata
Online Voices, Offline Impact Ambedkars Ideals and Socio Political Inclusion ...ijtsrd
This research investigates the nexus between online discussions on Dr. B.R. Ambedkars ideals and their impact on social inclusion among college students in Gurugram, Haryana. Surveying 240 students from 12 government colleges, findings indicate that 65 actively engage in online discussions, with 80 demonstrating moderate to high awareness of Ambedkars ideals. Statistically significant correlations reveal that higher online engagement correlates with increased awareness p 0.05 and perceived social inclusion. Variations across colleges and a notable effect of college type on perceived social inclusion highlight the influence of contextual factors. Furthermore, the intersectional analysis underscores nuanced differences based on gender, caste, and socio economic status. Dr. Kusum Lata "Online Voices, Offline Impact: Ambedkar's Ideals and Socio-Political Inclusion - A Study of Gurugram District" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64543.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/political-science/64543/online-voices-offline-impact-ambedkars-ideals-and-sociopolitical-inclusion--a-study-of-gurugram-district/dr-kusum-lata
Problems and Challenges of Agro Entreprenurship A Studyijtsrd
Noting calls for contextualizing Agro entrepreneurs problems and challenges of the agro entrepreneurs and for greater attention to the Role of entrepreneurs in agro entrepreneurship research, we conduct a systematic literature review of extent research in agriculture entrepreneurship to overcome the study objectives of complications of agro entrepreneurs through various factors, Development of agriculture products is a key factor for the overall economic growth of agro entrepreneurs Agro Entrepreneurs produces firsthand large scale employment, utilizes the labor and natural resources, This research outlines the problems of Weather and Soil Erosions, Market price fluctuation, stimulates labor cost problems, reduces concentration of Price volatility, Dependency on Intermediaries, induces Limited Bargaining Power, and Storage and Transportation Costs. This paper mainly devoted to highlight Problems and challenges faced for the sustainable of Agro Entrepreneurs in India. Vinay Prasad B "Problems and Challenges of Agro Entreprenurship - A Study" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64540.pdf Paper Url: https://www.ijtsrd.com/other-scientific-research-area/other/64540/problems-and-challenges-of-agro-entreprenurship--a-study/vinay-prasad-b
Comparative Analysis of Total Corporate Disclosure of Selected IT Companies o...ijtsrd
Disclosure is a process through which a business enterprise communicates with external parties. A corporate disclosure is communication of financial and non financial information of the activities of a business enterprise to the interested entities. Corporate disclosure is done through publishing annual reports. So corporate disclosure through annual reports plays a vital role in the life of all the companies and provides valuable information to investors. The basic objectives of corporate disclosure is to give a true and fair view of companies to the parties related either directly or indirectly like owner, government, creditors, shareholders etc. in the companies act, provisions have been made about mandatory and voluntary disclosure. The IT sector in India is rapidly growing, the trend to invest in the IT sector is rising and employment opportunities in IT sectors are also increasing. Therefore the IT sector is expected to have fair, full and adequate disclosure of all information. Unfair and incomplete disclosure may adversely affect the entire economy. A research study on disclosure practices of IT companies could play an important role in this regard. Hence, the present research study has been done to study and review comparative analysis of total corporate disclosure of selected IT companies of India and to put forward overall findings and suggestions with a view to increase disclosure score of these companies. The researcher hopes that the present research study will be helpful to all selected Companies for improving level of corporate disclosure through annual reports as well as the government, creditors, investors, all business organizations and upcoming researcher for comparative analyses of level of corporate disclosure with special reference to selected IT companies. Dr. Vaibhavi D. Thaker "Comparative Analysis of Total Corporate Disclosure of Selected IT Companies of India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64539.pdf Paper Url: https://www.ijtsrd.com/other-scientific-research-area/other/64539/comparative-analysis-of-total-corporate-disclosure-of-selected-it-companies-of-india/dr-vaibhavi-d-thaker
The Impact of Educational Background and Professional Training on Human Right...ijtsrd
This study investigated the impact of educational background and professional training on human rights awareness among secondary school teachers in the Marathwada region of Maharashtra, India. The key findings reveal that higher levels of education, particularly a master’s degree, and fields of study related to education, humanities, or social sciences are associated with greater human rights awareness among teachers. Additionally, both pre service teacher training and in service professional development programs focused on human rights education significantly enhance teacher’s knowledge, skills, and competencies in promoting human rights principles in their classrooms. Baig Ameer Bee Mirza Abdul Aziz | Dr. Syed Azaz Ali Amjad Ali "The Impact of Educational Background and Professional Training on Human Rights Awareness among Secondary School Teachers" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64529.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/education/64529/the-impact-of-educational-background-and-professional-training-on-human-rights-awareness-among-secondary-school-teachers/baig-ameer-bee-mirza-abdul-aziz
A Study on the Effective Teaching Learning Process in English Curriculum at t...ijtsrd
“One Language sets you in a corridor for life. Two languages open every door along the way” Frank Smith English as a foreign language or as a second language has been ruling in India since the period of Lord Macaulay. But the question is how much we teach or learn English properly in our culture. Is there any scope to use English as a language rather than a subject How much we learn or teach English without any interference of mother language specially in the classroom teaching learning scenario in West Bengal By considering all these issues the researcher has attempted in this article to focus on the effective teaching learning process comparing to other traditional strategies in the field of English curriculum at the secondary level to investigate whether they fulfill the present teaching learning requirements or not by examining the validity of the present curriculum of English. The purpose of this study is to focus on the effectiveness of the systematic, scientific, sequential and logical transaction of the course between the teachers and the learners in the perspective of the 5Es programme that is engage, explore, explain, extend and evaluate. Sanchali Mondal | Santinath Sarkar "A Study on the Effective Teaching Learning Process in English Curriculum at the Secondary Level of West Bengal" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd62412.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/education/62412/a-study-on-the-effective-teaching-learning-process-in-english-curriculum-at-the-secondary-level-of-west-bengal/sanchali-mondal
The Role of Mentoring and Its Influence on the Effectiveness of the Teaching ...ijtsrd
This paper reports on a study which was conducted to investigate the role of mentoring and its influence on the effectiveness of the teaching of Physics in secondary schools in the South West Region of Cameroon. The study adopted the convergent parallel mixed methods design, focusing on respondents in secondary schools in the South West Region of Cameroon. Both quantitative and qualitative data were collected, analysed separately, and the results were compared to see if the findings confirm or disconfirm each other. The quantitative analysis found that majority of the respondents 72 of Physics teachers affirmed that they had more experienced colleagues as mentors to help build their confidence, improve their teaching, and help them improve their effectiveness and efficiency in guiding learners’ achievements. Only 28 of the respondents disagreed with these statements. With majority respondents 72 agreeing with the statements, it implies that in most secondary schools, experienced Physics teachers act as mentors to build teachers’ confidence in teaching and improving students’ learning. The interview qualitative data analysis summarized how secondary school Principals use meetings with mentors and mentees to promote mentorship in the school milieu. This has helped strengthen teachers’ classroom practices in secondary schools in the South West Region of Cameroon. With the results confirming each other, the study recommends that mentoring should focus on helping teachers employ social interactions and instructional practices feedback and clarity in teaching that have direct measurable impact on students’ learning achievements. Andrew Ngeim Sumba | Frederick Ebot Ashu | Peter Agborbechem Tambi "The Role of Mentoring and Its Influence on the Effectiveness of the Teaching of Physics in Secondary Schools in the South West Region of Cameroon" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64524.pdf Paper Url: https://www.ijtsrd.com/management/management-development/64524/the-role-of-mentoring-and-its-influence-on-the-effectiveness-of-the-teaching-of-physics-in-secondary-schools-in-the-south-west-region-of-cameroon/andrew-ngeim-sumba
Design Simulation and Hardware Construction of an Arduino Microcontroller Bas...ijtsrd
This study primarily focuses on the design of a high side buck converter using an Arduino microcontroller. The converter is specifically intended for use in DC DC applications, particularly in standalone solar PV systems where the PV output voltage exceeds the load or battery voltage. To evaluate the performance of the converter, simulation experiments are conducted using Proteus Software. These simulations provide insights into the input and output voltages, currents, powers, and efficiency under different state of charge SoC conditions of a 12V,70Ah rechargeable lead acid battery. Additionally, the hardware design of the converter is implemented, and practical data is collected through operation, monitoring, and recording. By comparing the simulation results with the practical results, the efficiency and performance of the designed converter are assessed. The findings indicate that while the buck converter is suitable for practical use in standalone PV systems, its efficiency is compromised due to a lower output current. Chan Myae Aung | Dr. Ei Mon "Design Simulation and Hardware Construction of an Arduino-Microcontroller Based DC-DC High-Side Buck Converter for Standalone PV System" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64518.pdf Paper Url: https://www.ijtsrd.com/engineering/mechanical-engineering/64518/design-simulation-and-hardware-construction-of-an-arduinomicrocontroller-based-dcdc-highside-buck-converter-for-standalone-pv-system/chan-myae-aung
Sustainable Energy by Paul A. Adekunte | Matthew N. O. Sadiku | Janet O. Sadikuijtsrd
Energy becomes sustainable if it meets the needs of the present without compromising the ability of future generations to meet their own needs. Some of the definitions of sustainable energy include the considerations of environmental aspects such as greenhouse gas emissions, social, and economic aspects such as energy poverty. Generally far more sustainable than fossil fuel are renewable energy sources such as wind, hydroelectric power, solar, and geothermal energy sources. Worthy of note is that some renewable energy projects, like the clearing of forests to produce biofuels, can cause severe environmental damage. The sustainability of nuclear power which is a low carbon source is highly debated because of concerns about radioactive waste, nuclear proliferation, and accidents. The switching from coal to natural gas has environmental benefits, including a lower climate impact, but could lead to delay in switching to more sustainable options. “Carbon capture and storage” can be built into power plants to remove the carbon dioxide CO2 emissions, but this technology is expensive and has rarely been implemented. Leading non renewable energy sources around the world is fossil fuels, coal, petroleum, and natural gas. Nuclear energy is usually considered another non renewable energy source, although nuclear energy itself is a renewable energy source, but the material used in nuclear power plants is not. The paper addresses the issue of sustainable energy, its attendant benefits to the future generation, and humanity in general. Paul A. Adekunte | Matthew N. O. Sadiku | Janet O. Sadiku "Sustainable Energy" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64534.pdf Paper Url: https://www.ijtsrd.com/engineering/electrical-engineering/64534/sustainable-energy/paul-a-adekunte
Concepts for Sudan Survey Act Implementations Executive Regulations and Stand...ijtsrd
This paper aims to outline the executive regulations, survey standards, and specifications required for the implementation of the Sudan Survey Act, and for regulating and organizing all surveying work activities in Sudan. The act has been discussed for more than 5 years. The Land Survey Act was initiated by the Sudan Survey Authority and all official legislations were headed by the Sudan Ministry of Justice till it was issued in 2022. The paper presents conceptual guidelines to be used for the Survey Act implementation and to regulate the survey work practice, standardizing the field surveys, processing, quality control, procedures, and the processes related to survey work carried out by the stakeholders and relevant authorities in Sudan. The conceptual guidelines are meant to improve the quality and harmonization of geospatial data and to aid decision making processes as well as geospatial information systems. The established comprehensive executive regulations will govern and regulate the implementation of the Sudan Survey Geomatics Act in all surveying and mapping practices undertaken by the Sudan Survey Authority SSA and state local survey departments for public or private sector organizations. The targeted standards and specifications include the reference frame, projection, coordinate systems, and the guidelines and specifications that must be followed in the field of survey work, processes, and mapping products. In the last few decades, there has been a growing awareness of the importance of geomatics activities and measurements on the Earths surface in space and time, together with observing and mapping the changes. In such cases, data must be captured promptly, standardized, and obtained with more accuracy and specified in much detail. The paper will also highlight the current situation in Sudan, the degree to which survey standards are used, the problems encountered, and the errors that arise from not using the standards and survey specifications. Kamal A. A. Sami "Concepts for Sudan Survey Act Implementations - Executive Regulations and Standards" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63484.pdf Paper Url: https://www.ijtsrd.com/engineering/civil-engineering/63484/concepts-for-sudan-survey-act-implementations--executive-regulations-and-standards/kamal-a-a-sami
Towards the Implementation of the Sudan Interpolated Geoid Model Khartoum Sta...ijtsrd
The discussions between ellipsoid and geoid have invoked many researchers during the recent decades, especially during the GNSS technology era, which had witnessed a great deal of development but still geoid undulation requires more investigations. To figure out a solution for Sudans local geoid, this research has tried to intake the possibility of determining the geoid model by following two approaches, gravimetric and geometrical geoid model determination, by making use of GNSS leveling benchmarks at Khartoum state. The Benchmarks are well distributed in the study area, in which, the horizontal coordinates and the height above the ellipsoid have been observed by GNSS while orthometric heights were carried out using precise leveling. The Global Geopotential Model GGM represented in EGM2008 has been exploited to figure out the geoid undulation at the benchmarks in the study area. This is followed by a fitting process, that has been done to suit the geoid undulation data which has been computed using GNSS leveling data and geoid undulation inspired by the EGM2008. Two geoid surfaces were created after the fitting process to ensure that they are identical and both of them could be counted for getting the same geoid undulation with an acceptable accuracy. In this respect, statistical operation played an important role in ensuring the consistency and integrity of the model by applying cross validation techniques splitting the data into training and testing datasets for building the geoid model and testing its eligibility. The geometrical solution for geoid undulation computation has been utilized by applying straightforward equations that facilitate the calculation of the geoid undulation directly through applying statistical techniques for the GNSS leveling data of the study area to get the common equation parameters values that could be utilized to calculate geoid undulation of any position in the study area within the claimed accuracy. Both systems were checked and proved eligible to be used within the study area with acceptable accuracy which may contribute to solving the geoid undulation problem in the Khartoum area, and be further generalized to determine the geoid model over the entire country, and this could be considered in the future, for regional and continental geoid model. Ahmed M. A. Mohammed. | Kamal A. A. Sami "Towards the Implementation of the Sudan Interpolated Geoid Model (Khartoum State Case Study)" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63483.pdf Paper Url: https://www.ijtsrd.com/engineering/civil-engineering/63483/towards-the-implementation-of-the-sudan-interpolated-geoid-model-khartoum-state-case-study/ahmed-m-a-mohammed
Activating Geospatial Information for Sudans Sustainable Investment Mapijtsrd
Sudan is witnessing an acceleration in the processes of development and transformation in the performance of government institutions to raise the productivity and investment efficiency of the government sector. The development plans and investment opportunities have focused on achieving national goals in various sectors. This paper aims to illuminate the path to the future and provide geospatial data and information to develop the investment climate and environment for all sized businesses, and to bridge the development gap between the Sudan states. The Sudan Survey Authority SSA is the main advisor to the Sudan Government in conducting surveying, mappings, designing, and developing systems related to geospatial data and information. In recent years, SSA made a strategic partnership with the Ministry of Investment to activate Geospatial Information for Sudans Sustainable Investment and in particular, for the preparation and implementation of the Sudan investment map, based on the directives and objectives of the Ministry of Investment MI in Sudan. This paper comes within the framework of activating the efforts of the Ministry of Investment to develop technical investment services by applying techniques adopted by the Ministry and its strategic partners for advancing investment processes in the country. Kamal A. A. Sami "Activating Geospatial Information for Sudan's Sustainable Investment Map" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63482.pdf Paper Url: https://www.ijtsrd.com/engineering/information-technology/63482/activating-geospatial-information-for-sudans-sustainable-investment-map/kamal-a-a-sami
Educational Unity Embracing Diversity for a Stronger Societyijtsrd
In a rapidly changing global landscape, the importance of education as a unifying force cannot be overstated. This paper explores the crucial role of educational unity in fostering a stronger and more inclusive society through the embrace of diversity. By examining the benefits of diverse learning environments, the paper aims to highlight the positive impact on societal strength. The discussion encompasses various dimensions, from curriculum design to classroom dynamics, and emphasizes the need for educational institutions to become catalysts for unity in diversity. It highlights the need for a paradigm shift in educational policies, curricula, and pedagogical approaches to ensure that they are reflective of the diverse fabric of society. This paper also addresses the challenges associated with implementing inclusive educational practices and offers practical strategies for overcoming barriers. It advocates for collaborative efforts between educational institutions, policymakers, and communities to create a supportive ecosystem that promotes diversity and unity. Mr. Amit Adhikari | Madhumita Teli | Gopal Adhikari "Educational Unity: Embracing Diversity for a Stronger Society" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64525.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/education/64525/educational-unity-embracing-diversity-for-a-stronger-society/mr-amit-adhikari
Integration of Indian Indigenous Knowledge System in Management Prospects and...ijtsrd
The diversity of indigenous knowledge systems in India is vast and can vary significantly between different communities and regions. Preserving and respecting these knowledge systems is crucial for maintaining cultural heritage, promoting sustainable practices, and fostering cross cultural understanding. In this paper, an overview of the prospects and challenges associated with incorporating Indian indigenous knowledge into management is explored. It is found that IIKS helps in management in many areas like sustainable development, tourism, food security, natural resource management, cultural preservation and innovation, etc. However, IIKS integration with management faces some challenges in the form of a lack of documentation, cultural sensitivity, language barriers legal framework, etc. Savita Lathwal "Integration of Indian Indigenous Knowledge System in Management: Prospects and Challenges" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63500.pdf Paper Url: https://www.ijtsrd.com/management/accounting-and-finance/63500/integration-of-indian-indigenous-knowledge-system-in-management-prospects-and-challenges/savita-lathwal
DeepMask Transforming Face Mask Identification for Better Pandemic Control in...ijtsrd
The COVID 19 pandemic has highlighted the crucial need of preventive measures, with widespread use of face masks being a key method for slowing the viruss spread. This research investigates face mask identification using deep learning as a technological solution to be reducing the risk of coronavirus transmission. The proposed method uses state of the art convolutional neural networks CNNs and transfer learning to automatically recognize persons who are not wearing masks in a variety of circumstances. We discuss how this strategy improves public health and safety by providing an efficient manner of enforcing mask wearing standards. The report also discusses the obstacles, ethical concerns, and prospective applications of face mask detection systems in the ongoing fight against the pandemic. Dilip Kumar Sharma | Aaditya Yadav "DeepMask: Transforming Face Mask Identification for Better Pandemic Control in the COVID-19 Era" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64522.pdf Paper Url: https://www.ijtsrd.com/engineering/electronics-and-communication-engineering/64522/deepmask-transforming-face-mask-identification-for-better-pandemic-control-in-the-covid19-era/dilip-kumar-sharma
Streamlining Data Collection eCRF Design and Machine Learningijtsrd
Efficient and accurate data collection is paramount in clinical trials, and the design of Electronic Case Report Forms eCRFs plays a pivotal role in streamlining this process. This paper explores the integration of machine learning techniques in the design and implementation of eCRFs to enhance data collection efficiency. We delve into the synergies between eCRF design principles and machine learning algorithms, aiming to optimize data quality, reduce errors, and expedite the overall data collection process. The application of machine learning in eCRF design brings forth innovative approaches to data validation, anomaly detection, and real time adaptability. This paper discusses the benefits, challenges, and future prospects of leveraging machine learning in eCRF design for streamlined and advanced data collection in clinical trials. Dhanalakshmi D | Vijaya Lakshmi Kannareddy "Streamlining Data Collection: eCRF Design and Machine Learning" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63515.pdf Paper Url: https://www.ijtsrd.com/biological-science/biotechnology/63515/streamlining-data-collection-ecrf-design-and-machine-learning/dhanalakshmi-d
This slide is special for master students (MIBS & MIFB) in UUM. Also useful for readers who are interested in the topic of contemporary Islamic banking.
Strategies for Effective Upskilling is a presentation by Chinwendu Peace in a Your Skill Boost Masterclass organisation by the Excellence Foundation for South Sudan on 08th and 09th June 2024 from 1 PM to 3 PM on each day.
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Dr. Vinod Kumar Kanvaria
Exploiting Artificial Intelligence for Empowering Researchers and Faculty,
International FDP on Fundamentals of Research in Social Sciences
at Integral University, Lucknow, 06.06.2024
By Dr. Vinod Kumar Kanvaria
The simplified electron and muon model, Oscillating Spacetime: The Foundation...RitikBhardwaj56
Discover the Simplified Electron and Muon Model: A New Wave-Based Approach to Understanding Particles delves into a groundbreaking theory that presents electrons and muons as rotating soliton waves within oscillating spacetime. Geared towards students, researchers, and science buffs, this book breaks down complex ideas into simple explanations. It covers topics such as electron waves, temporal dynamics, and the implications of this model on particle physics. With clear illustrations and easy-to-follow explanations, readers will gain a new outlook on the universe's fundamental nature.
This presentation includes basic of PCOS their pathology and treatment and also Ayurveda correlation of PCOS and Ayurvedic line of treatment mentioned in classics.
Executive Directors Chat Leveraging AI for Diversity, Equity, and InclusionTechSoup
Let’s explore the intersection of technology and equity in the final session of our DEI series. Discover how AI tools, like ChatGPT, can be used to support and enhance your nonprofit's DEI initiatives. Participants will gain insights into practical AI applications and get tips for leveraging technology to advance their DEI goals.
A review of the growth of the Israel Genealogy Research Association Database Collection for the last 12 months. Our collection is now passed the 3 million mark and still growing. See which archives have contributed the most. See the different types of records we have, and which years have had records added. You can also see what we have for the future.
हिंदी वर्णमाला पीपीटी, hindi alphabet PPT presentation, hindi varnamala PPT, Hindi Varnamala pdf, हिंदी स्वर, हिंदी व्यंजन, sikhiye hindi varnmala, dr. mulla adam ali, hindi language and literature, hindi alphabet with drawing, hindi alphabet pdf, hindi varnamala for childrens, hindi language, hindi varnamala practice for kids, https://www.drmullaadamali.com
Main Java[All of the Base Concepts}.docxadhitya5119
This is part 1 of my Java Learning Journey. This Contains Custom methods, classes, constructors, packages, multithreading , try- catch block, finally block and more.
2. International Journal of Trend in Scientific Research and Development @ www.ijtsrd.com eISSN: 2456-6470
@ IJTSRD | Unique Paper ID – IJTSRD55109 | Volume – 7 | Issue – 2 | March-April 2023 Page 617
can provide three forms of value to consumers:
emotional, social, and functional. Each of these
enhances or diminishes the overall value proposition
for consumers.
A business’s measure of success goes beyond the
bottom line. In today’s world, how a company gives
back to its community, positively impacts the
environment, and acts for the greater good and not
just a greater profit. That’s where the corporate social
responsibility of a business comes in. However, there
are growing doubts toward the perceived
effectiveness of CSR policy for the benefit of the
broader society. Being a socially responsible
company can bolster a company's image and build its
brand. Social responsibility empowers employees to
leverage the corporate resources at their disposal to
do good.
Value creation is the primary aim of any business
entity. Creating value for customers help sell products
and services, while creating value for shareholders, in
the form of increases in stock price, insures the future
availability of investment capital to fund operations
(Amahalu & Okudo, 2023). Although the intangible
factors that drive value creation differ by industry,
some of the major categories of intangible assets
include technology, innovation, intellectual property,
alliances, management capabilities, employee
relations, customer relations, community relations,
and brand value. According to Amahalu, Ezechukwu
and Okudo (2022), the link between these intangible
assets and value creation is corporate strategy.
Investments made to enhance intangible assets
(research and development, employee training, and
brand building, for example) usually provide indirect
rather than direct benefits. In this way, focusing on
value creation forces an organization to adopt a long-
term perspective and align all of its resources toward
future goals. Presently, it is obvious that most
corporate citizens or organization are not living up to
expectation of their duties in the host communities.
These contributed immensely to environmental
degradation of the region, the air, water and land
pollution, destruction of natural habitations and waste
disposal system that are harmful and destructive to
the host community.
Recent academic contributions show a renewed
debate about the relationship between CSR and value
creation, with strongly contrasting views which is still
lacking a universally accepted consensus. For
instance Mbonu and Amahalu, (2022) found a
positive relationship between CSR and value creation.
On the contrary, Sang, Zhang, Ye and Jiang (2022)
showed the evidence of a negative relationship, while,
Kabir and Chowdhury (2022) found no significant
relationship. The absence of consensus between these
authors led to a gap in literature which this study
tends to fill.
Objectives of the Study
The main objective of this study is to ascertain the
relationship between Corporate Social Responsibility
and Value Creation of Quoted Oil and Gas Firms in
Nigeria.
The specific objectives were to:
1. Evaluate the relationship between Occupational
Health and Safety Responsibility and Cash Value
Added of Quoted Oil and Gas Firms in Nigeria
2. Determine the relationship between Emissions
Responsibility and Cash Value Added of Quoted
Oil and Gas Firms in Nigeria
3. Assess the relation between Employment
Responsibility and Cash Value Added of Quoted
Oil and Gas Firms in Nigeria
Research Hypotheses
The following null hypotheses were tested at 5% level
of significance in this study:
Ho1: There is no significant relationship between
Occupational Health and Safety Responsibility and
Cash Value Added of Quoted Oil and Gas Firms in
Nigeria
Ho2: There is no significant relationship between
Emissions Responsibility and Cash Value Added of
Quoted Oil and Gas Firms in Nigeria
Ho3: There is no significant relationship between
Employment Responsibility and Cash Value Added
of Quoted Oil and Gas Firms in Nigeria
Conceptual Review
Corporate Social Responsibility
Corporate Social Responsibility (CSR) is the
responsibility an organization has for the impact of its
operations on the society and the environment in
which it operates (Okafor, 2012). This responsibility
could be identified through transparent and ethical
behavior that contributes to sustainable development
in areas such as health, human capital development,
economic empowerment, recognition of the welfare
of various stakeholders, and the development of
social infrastructure. However, Udo, Oraka and
Amahalu (2022) defined CSR as the responsibilities
an organization owes its stakeholders and host
communities while carrying out its objectives of
maximizing business profits and the values of its
shareholders. These responsibilities include their
obligations to their stakeholders and protecting the
environment where they operate.
Occupational Health and Safety Responsibility
Occupational health and safety (OHS) is defined as
3. International Journal of Trend in Scientific Research and Development @ www.ijtsrd.com eISSN: 2456-6470
@ IJTSRD | Unique Paper ID – IJTSRD55109 | Volume – 7 | Issue – 2 | March-April 2023 Page 618
the science of the anticipation, recognition, evaluation
and control of hazards arising in or from the
workplace that could impair the health and well-being
of workers, taking into account the possible impact on
the surrounding communities and the general
environment (Okudo & Ndubuisi, 2021).
Occupational safety and health is a key element in
achieving sustained decent working conditions and
strong preventive safety cultures.
Emissions Responsibility
Emission is the production and discharge of
something, especially gas or radiation. An emission is
anything that is been released out into the open. But
more often it refers to gases being released into the
air, like greenhouse gasses or emissions from power
plants and factories (Okafor, Egbunike & Amahalu,
2022). Conserving the energy and greenhouse gases
(GHGs) used to produce oil and gas can make a major
contribution to moving the world onto a more
sustainable energy path. Often, the most economical
method of reducing GHG emissions is to reduce
energy consumed. GHG management entails
measuring emissions and understand- ing their
sources, setting a goal for reducing emissions,
developing a plan to meet this goal, and
implementing the plan to achieve reductions in
emissions.
Employment Responsibility
Employment responsibility means the duty of care to
other people when they are carrying out their duties.
They must always ensure that they work in a safe
manner in the way that they have been trained. The
employee must cooperate with the employer in
ensuring that they follow all workplace procedures
and not deviate from them (Okafor, 2013). According
to Okafor (2018), employment responsibility of
employees at work includes to take reasonable care
for the health and safety of him and of other persons
who may be affected by his acts or omissions at work,
this means not putting them at risk of harm.
Value Creation
Value creation means the creation of value for
customers to improve sell of products and services,
while creating value for shareholders in the form of
increases in stock price, insures the future availability
of investment capital to fund operations (Okudo &
Amahalu & Oshiole, 2023). From a financial
perspective, value is said to be created when a
business earns revenue (or a return on capital) that
exceeds expenses (or the cost of capital). Value
creation is a better management goal than strict
financial measures of performance, many of which
tend to place cost-cutting that produces short-term
results ahead of investments that enhance long-term
competitiveness and growth. Value creation in today's
companies is increasingly represented in the
intangible drivers like innovation, people, ideas, and
brand.
Cash Value Added
Cash value added (CVA) is a measure of a company's
ability to generate cash flow above and beyond the
required return to its investors. Generally speaking, a
high CVA indicates a company's ability to produce
liquid profits from one financial period to another.
According to Okocha, Okoye, Amahalu and Obi
(2022), cash value added is a measure of business
profitability defined as the earnings before tax,
interest, taxes, depreciation and amortization
(EBITDA) generated by the business, less tax, less its
required return. The cash value added metric is one
way to measure the real profitability of a business,
beyond what is required to pay the bills and satisfy
the investors (Amahalu & Okudo, 2023). Cash value
added is a measure of company performance that
looks at how much money a company generates
through its operations.
CVA = cash flow - depreciation - capital charge
Occupational Health and Safety Responsibility
and Financial Performance
Occupational Safety and Health Administration is an
initiative for assure safe and healthful working
conditions for working men and women by setting
and enforcing standards and by providing training,
outreach, education and assistance which has a
significiant impact of financial performance. In
addition, safety management practices and
occupational health and safety performance are
closely related to maintain safety financial
performance. Kim, Byon, Song and Kim (2018)
stated that good financial performance can also be
supported by the presence of occupational safety and
health guarantees from the company. The
implementation of the occupational health and safety
health system also influences employee performance.
It can be concluded that the work safety variable has a
significant effect on performance, knowing that
occupational health variables have a significant effect
on financial performance (Moyo, Duffett & Knott,
2020).
Emission Responsibilities and Financial
Performance
To achieve the carbon emission targets and avoid the
fines, companies could invest in their carbon
reduction management system by using low emission
energy, equipment, and/or by developing low carbon
technology. When their carbon emission is below
their emission target, companies could have some
surplus of their carbon emission allowances and they
4. International Journal of Trend in Scientific Research and Development @ www.ijtsrd.com eISSN: 2456-6470
@ IJTSRD | Unique Paper ID – IJTSRD55109 | Volume – 7 | Issue – 2 | March-April 2023 Page 619
could sell their surplus in the carbon trading market
for financial benefits (Nicolescu, Bocean & Vărzaru,
2020). Better performance in carbon management
will therefore lessen the financial burden and even
bring profit for the company that does well. In
addition to the tangible financial impact, better carbon
emission performance may, according to stakeholder
theory prediction have other intangible impacts on the
company, such as good reputation and better
relationships with government, suppliers and
customers (Okafor, Onyali & Egolum, 2014). Given
all of the above, this study attempts to test if in fact a
company with better carbon emission performance
will benefit from improved financial performance
Employment Responsibility and Financial
Performance
Regarding the relationship between employee
responsibility and financial performance, Otti, Udeh,
Amahalu and Obi (2022) suggested that if a company
wants to achieve long-term financial growth, it must
invest more in its employees, systems, and
organizational process capabilities. Zeimers,
Anagnostopoulos, Zintz and Willem (2019) argue that
employee satisfaction, organizational citizenship
behavior, and employee turnover in the previous
period might affect the corporate profitability and
customer satisfaction in the next period. Ekweozor,
Ogbodo and Amahalu (2022) state that employment
responsibility and financial has an insignificant
relationship, the insignificant results may indicate the
facts that many variables in the relationship between
employment responsibility and financial performance
make their relations coincidental, the study
emphasized that there is no clear trend in the linkage
among social messages, social performance and
economic outcome. Various types of employee
satisfaction, such as empowerment, job fulfillment,
security, pay, and work team, have a positive impact
on a company’s return on assets and earnings per
share.
Theoretical Framework
Stakeholder Theory
The stakeholder theory is a notion of organizational
management and business ethics that focuses on
issues of morals and values in managing an
organisation. It was originally proposed and
elaborated by Freeman (1984). Stakeholder theory
focuses on the relationship between group of
individuals who can affect or be affected by the
achievement of the organizations’ objectives.
Freeman (1984) is one of the major advocates of this
theory and asserts that managers must satisfy a
variety of constituents who are referred to as
stakeholders (examples investors and shareholders,
employees, customers, suppliers, government and
competitors). Clarkson (1995) defined a stakeholder
as a person or a group that has/have, or claim(s),
ownership rights or interest in an organization and its
activities past, present or future. Such claimed rights
or interests are the results of actions taken by the
organizations and may be legal or moral, individual
or collective. Starik (1995) expanded the definition of
stakeholder to include both human and non-human
entities. He argued that the non-human or natural
environment can be integrated into the stakeholder
management concept, since the natural environment
is one of the important components of the business
environment.
Empirical Review
Osisioma, Nzewi and Nwoye (2015) carried out a
study on Corporate Social Responsibility and
performance of selected firms in Nigeria from 2000-
2014. Product moment correlation was used to test
the hypothesis and to determine whether there is any
significant relationship between social responsibility
cost and corporate profitability in the selected firms.
Findings revealed a significant relationship between
social responsibility cost and corporate profitability.
Kabir and Chowdhury (2022) examined 30 listed
banks in Bangladesh from the years 2006 through
2018, with particular emphasis on methodology that
attempted to validate the corporate social
responsibility (CSR) and corporate financial
performance (CFP) relationship. In addition to
examining the bidirectional causality between CSR
and financial returns using Panel Vector
Autoregression, the study examined the factor
determinants of CSR. The study found that better
CFP leads to more CSR expenditure, but CSR
expenditure does not necessarily influence CFP.
Moreover, net income, total deposits, return on asset,
and previous year's CSR have a significant positive
relationship with CSR whereas firm age has a
significant negative relationship.
Sang, Zhang, Ye and Jiang (2022) examined the
relationship between corporate social responsibility
(CSR) and corporate financial performance (CFP) of
construction firms in China. The return on equity
(ROE) was deemed the proxy for the CFP. CSR
represents the firms’ responsibility towards society
(independent variable) The study took Chinese-listed
construction companies listed on the Shanghai Stock
Exchange (SHSE) or Shenzhen Stock Exchange
(SZSE) from 2010 to 2020 as target. The study
included 126 listed construction firms. The exclusion
of the missing data during the sample period resulted
in providing a sample of 72 firms and 501 firm annual
5. International Journal of Trend in Scientific Research and Development @ www.ijtsrd.com eISSN: 2456-6470
@ IJTSRD | Unique Paper ID – IJTSRD55109 | Volume – 7 | Issue – 2 | March-April 2023 Page 620
observations. The study applied a combined OLS
model, a fixed-effects model, or a random-effects
regression model and an inverted U-shaped curve
relationship between CSR and CFP was eventually
revealed.
Methodology
The study adopted the ex-post facto research design,
as it is concerned with cause-and-effect relationships.
The twelve (12) quoted Oil and Gas firms in Nigeria
listed on the floor of the Nigerian Exchange (NGX)
Group as at 31st
December, 2021 made up the
population of this study.. They include; 11 Plc
(formerly Mobil Plc), Anino International Plc; Capital
Oil Plc; Conoil Plc; Eterna Plc; Forte Oil Plc; Japaul
Oil & Maritime Services Plc ; MRS Oil Nigeria Plc;
Oando Plc; Rak Unity Plc; Seplat Petroleum
Development Company Plc; Total Nigeria Plc
Purposive sampling technique was adopted to select
the companies. The sample size of this study
consisted of ten (10) Oil and Gas firms that were
continuously listed and actively trading in the
Nigerian Exchange (NGX) Group during the period
1st
January 2008 to 31st
December 2021 and whose
financial statements are available and have been
consistently submitted to NGX for the period under
study. They include Anino International Plc; Capital
Oil Plc; Conoil Plc; Eterna Plc; Japaul Oil &
Maritime Services; MRS Oil Nigeria Plc; Oando Plc;
Rak Unity Plc; Seplat Petroleum Development
Company Plc; Total Nigeria Plc. This study relied
solely on secondary data that were extracted from the
annual reports and statements of account of the
sampled Oil and Gas firms companies for a period of
fourteen (14) years period covering from 2008 –
2021.
Measurement of Variables
Table 1 Variables Definition
Variable
Type
Indicators
Variable
Symbols
Variables Explanation
Independent Variables (Corporate Social Responsibility)
Occupational Health and
Safety Responsibility
OHSR
No of OHSR items adopted by a company
Total no of CSR items
Emissions Responsibility EMRES
No of EMRES items adopted by a company
Total no of CSR items
Employment Responsibility EMPLR
No of EMPLR items adopted by a company
Total no of CSR items
Dependent Variable (Value Creation)
Cash Value Added CVA Cash flow - depreciation - capital charge
Model Specification
This study adapted and modified the model of Nzekwe, Okoye & Amahalu (2021):
ROE = β0 + β1ENVRit + β2SOCRit + β2REMCRit + µit
Where:
ROA = Return on Assets
ENVR = Environmental Responsibility
SOCR = Social Responsibility
REMCR = Remediation Cost Responsibility
Consequent upon the adapted model, the following model was developed:
CVAit = β0 + β1OHSR it + β2EMRESit + β3EMPLR it + µit
Where:
CVAit = Cash Value Added of firm i in period t
OHSRit = Occupational Health and Safety Responsibility of firm i in period t
EMRESit = Emissions Responsibility of firm i in period t
EMPLRit = Employment Responsibility of firm i in period t
µ = Residual error for firm i in period t
i = Company index
t = year 2008 -2021
β0= constant term
β1, = slopes to be estimated of firm i in period t.
6. International Journal of Trend in Scientific Research and Development @ www.ijtsrd.com eISSN: 2456-6470
@ IJTSRD | Unique Paper ID – IJTSRD55109 | Volume – 7 | Issue – 2 | March-April 2023 Page 621
Data Presentation and Analysis
Table 2: Pearson Correlation Matrix
CVA OHSR EMRES EMPLR
CVA 1.0000 0.3286 0.2107 0.2157
OHSR 0.3286 1.0000 0.0041 0.0860
EMRES 0.2107 0.0041 1.0000 0.2085
EMPLR 0.2157 0.0860 0.2085 1.0000
Source: E-Views 10.0 Output, 2023
Interpretation of Correlation Matrix
Table 2 indicates that there is a positive relationship between OHSR (0.3286), EMRES (0.2107), EMPLR
(0.2157) and CVA.
Test of Hypotheses
Ho1: There is no significant relationship between Occupational Health and Safety Responsibility and Cash
Value Added of Quoted Oil and Gas Firms in Nigeria
Ho2: There is no significant relationship between Emissions Responsibility and Cash Value Added of Quoted
Oil and Gas Firms in Nigeria
Ho3: There is no significant relationship between Employment Responsibility and Cash Value Added of Quoted
Oil and Gas Firms in Nigeria
Table 3: Ordinary Least Square regression analysis testing the relationship between OHSR, EMRES,
EMPLR and CVA
Dependent Variable: CVA
Method: Panel Least Squares
Date: 01/31/23 Time: 18:39
Sample: 2008 2021
Periods included: 14
Cross-sections included: 10
Total panel (balanced) observations: 140
Variable Coefficient Std. Error t-Statistic Prob.
C 0.338674 0.064720 5.232885 0.0000
OHSR 1.930842 0.551484 3.501175 0.0006
EMRES 0.575137 0.224793 2.558512 0.0116
EMPLR 0.075661 0.008337 9.075253 0.0000
R-squared 0.551720 Mean dependent var 0.636214
Adjusted R-squared 0.533008 S.D. dependent var 0.178846
S.E. of regression 0.166528 Akaike info criterion -0.719157
Sum squared resid 3.771473 Schwarz criterion -0.635110
Log likelihood 54.34098 Hannan-Quinn criter.-0.685003
F-statistic 38.08142 Durbin-Watson stat 1.547210
Prob(F-statistic) 0.000000
Source: E-Views 10.0 Regression Output, 2023
Interpretation of Estimated Regression
Coefficients
The relationship between Corporate Social
Responsibility and Value Creation of Quoted Oil and
Gas Firms in Nigeria is evaluated based on the result
of table 3. From table 4.3, OHSR with a positive co-
efficient (β1) of 1.930842 has a significant positive
relationship with CVA as indicated by the t-statistic
of 3.501175 and its associated probability value of
0.0006. EMRES with a positive co-efficient (β2) of
0.575137 has a significant positive relationship with
CVA as indicated by the t-statistic of 2.558512 and its
associated probability value of 0.0116. EMPLR with
a positive co-efficient (β3) of 0.075661 has a
significant positive relationship with CVA as
indicated by the t-statistic of 9.075253 and its
associated probability value of 0.0000. The R squared
which examines the extent to which the predictors
(OHSR, EMRES and EMPLR) explain the variations
in the dependent variable (CVA) shows that the
adjusted R Squared figure of 0.533008 indicates that,
reliance on this model will account for 53.30% of the
variations in the dependent variable (CVA), while the
remaining 46.70% was accounted by other factors not
7. International Journal of Trend in Scientific Research and Development @ www.ijtsrd.com eISSN: 2456-6470
@ IJTSRD | Unique Paper ID – IJTSRD55109 | Volume – 7 | Issue – 2 | March-April 2023 Page 622
included in this model. The Durbin-Watson value of
1.547210 buttressed the fact that the model does not
contain auto-correlation since the value of 1.547210
is nit more than 2.0 approximately, thereby, making
the regression fit for prediction purpose. The analysis
resulted in F- statistic of 18.08142 with corresponding
p-value of 0.000000. This confirms that, the model is
significantly reliable. That means one can rely on the
model to predict CVA with high accuracy.
Decision
Since the p-value of the test = 0.000000 is less than
the critical significant value of 0.05 (5%), thus H1 is
accepted and Ho rejected. This implies that there is a
significant and positive relationship between
corporate social responsibility indices and value
creation of quoted oil and gas firms in Nigeria at 5%
level of significance.
FINDINGS, CONCLUSION AND
RECOMMENDATIONS
Findings
Based on the analysis of this study, the following
findings were deduced:
1. There is a significant and positive relationship
between occupational health and safety
responsibility and cash value added of quoted oil
and gas firms in Nigeria at 5% level of
significance (β1=1.930842; p-value = 0.0006).
2. There is a significant and positive relationship
between emissions responsibility and cash value
added of quoted oil and gas firms in Nigeria at
5% level of significance (β2= 0.575137; p-value =
0.0116).
3. There is a significant and positive relationship
between employment responsibility and cash
value added of quoted oil and gas firms in Nigeria
at 5% level of significance (β3=.0.075661; p-
value = 0.0000).
Conclusion
This study examined the relationship between
corporate social responsibility and value creation of
quoted oil and gas firms in Nigeria for a period of
fourteen (14) years spanning from 2008 to 2021.
Panel data were sourced from the annual reports and
accounts of the sampled firms. Inferential statistics
using Pearson correlation analysis and Panel Least
Square (PLS) regression analysis were employed via
E-Views 10.0 statistical software. Data analysis
revealed that there is a significant and positive
relationship between occupational health and safety
responsibility and cash value added (β1=.1.930842; p-
value = 0.0006); a significant and positive
relationship between emissions responsibility and
cash value added (β2=.0.575137; p-value = 0.0116); a
significant and positive relationship between
employment responsibility and cash value added
(β3=.0.075661; p-value = 0.0000) of quoted oil and
gas firms in Nigeria at 5% level of significance
respectively. Consequently, this analysis supports
growing evidence that corporate social responsibility
has a significant relationship and exerts significant
influence on value creation of quoted oil and gas
firms in Nigeria at 5% level of significance
respectively.
Recommendations
The following recommendations were made in line
with the findings and conclusion of this study:
1. Since there is a positive relationship between
occupational health and safety responsibility and
value creation, firms should develop safety
programs in order to protect the workers, reduce
absences and down-time, ensuring that the
workplace is more efficient and productive which
will inadvertently result to value creation.
2. Companies should endeavour to reduce its
greenhouse gas emissions in order to benefit the
bottom line because efficient practices reduce
operating costs, help to increase employee
productivity and the creation of value.
3. Since employment responsibility plays a big role
towards the smooth operation and growth of an
organisation. It is important for organisation to
keep on being socially responsible with regards to
employment as this will increase the possibilities
for creative thinking and problem-solving in the
workplace.
References
[1] Amahalu, N. N., & Okudo, C. C. (2023). Firm
characteristics and cash holdings of quoted
conglomerates in Nigeria. Scholarly Journal of
Management Sciences, 2(3), 111-126
[2] Amahalu, N. N., & Okudo, C. L. (2023). Effect
of corporate social responsibility on financial
performance of quoted oil and gas firms in
Nigeria. Research Journal of Management
Practice, 3(3), 25-38.
[3] Amahalu, N. N., Ezechukwu, B. O., & Okudo,
C. L. (2022). Intellectual capital and market
value added of listed insurance companies in
Nigeria. International Journal of Science
Academic Research, 03(10), 4528-4533.
[4] Ekweozor, M. A., Ogbodo, O. C., & Amahalu,
N. N. (2022). Effect of corporate social
responsibilityon financial performance of listed
oil and gas firms in Nigeria. International
Journal of Trend in Scientific Research and
Development (IJTSRD) 6 (2), . 282-289.
[5] Kabir, M. A., & Chowdhury, S. S. (2022).
Empirical analysis of the corporate social
8. International Journal of Trend in Scientific Research and Development @ www.ijtsrd.com eISSN: 2456-6470
@ IJTSRD | Unique Paper ID – IJTSRD55109 | Volume – 7 | Issue – 2 | March-April 2023 Page 623
responsibility and financial performance causal
nexus: Evidence from the banking sector of
Bangladesh. Future Business.
https://www.sciencedirect.com/science/article/p
ii/S1029313222000033. Retrieved 06/04/2022
[6] Kim, K., Byon, K. K., Song, H., & Kim, K.
(2018). Internal contributions to initiating
corporate social responsibility in sport
organizations. Manag. Decis., 56, 1804–1817.
[7] Mbonu, C. M. & Amahalu, N. N. (2022). Effect
of corporate social responsibility costs on
financial performance of listed deposit money
banks in Nigeria. Journal of Global
Accounting, 8(1), 40 - 52.
[8] Moyo, T., Duffett, R., & Knott, B. (2020).
Environmental factors and stakeholders
influence on professional sport organisations
engagement in sustainable corporate social
responsibility: A South African perspective.
Sustainability, 12, 4504.
[9] Nicolescu, M. N., Bocean, C. G., & Vărzaru, A.
A. (2020). Integrative approaches of business
ethics, corporate governance and social
responsibility, proceedings of the 2020 Basiq
international conference: New trends in
sustainable business and consumption,
Messina, Italy, 4–6 June 2020; Editura ASE:
Bucureti, Romania, 65–72.
[10] Nzekwe, O. G., Okoye, P. V. C., & Amahalu,
N. N. (2021). Effect of sustainability reporting
on financial performance of quoted industrial
goods companies in Nigeria. International
Journal of Management Studies and Social
Science Research, 3(5), 265-280.
[11] Okafor, O. O., Egbunike, P. A., & Amahalu, N.
N. (2022). Determinants of environmental
disclosure of quoted oil and gas firms in
Nigeria. International Journal of Management
Studies and Social Science Research, 4(1), 77-
88.
[12] Okafor, T,G. (2012). Natural resources
accounting and sustainable development: The
challenge to economics and accounting
profession. African Research Review, 6(3), 59-
70.
[13] Okafor, T. G. (2013). The triple bottom line
accounting and sustainabilityreporting. Journal
of Sustainable Development in Africa, 15(7),
249-261
[14] Okafor, T. G. (2018). Environmental costs
accounting and reporting on firm financial
performance: A survey of quoted Nigerian oil
companies. International Journal of Finance
and Accounting, 7(1), 1-6.
[15] Okafor, T. G., Onyali, C. I., & Egolum, U. P.
(2014). An assessment of environmental
information disclosure practices of selected
Nigerian manufacturing companies.
International Journal of Finance and
Accounting, 3(6), 349-355.
[16] Okocha, O. H., Okoye. P. V. C., Amahalu, N.
N., & Obi, J. C. (2022). Board characteristics
and cash value added of quoted deposit money
banks in Nigeria. International Journal of
Research, 9(1), 164-178.
[17] Okudo, A. G., & Ndubuisi, N. A. (2021).
Corporate governance and carbon disclosure
practices of quoted manufacturing firms in
Nigeria. International Journal of Contemporary
Research and Review, 12 (07), 20420-20433.
[18] Okudo, C. C., Amahalu, N. N., & Oshiole, S.
(2023). Complementarity of equity and debt
capital on profitability of quoted consumer
goods firms in Nigeria. International Journal of
Trend in Scientific Research and Development
(IJTSRD), 7(2), 491-501.
[19] Okudo, C. L; & Amahalu, N. N. (2023). Effect
of environmental accounting on profitability of
listed oil and gas firms in Nigeria. International
Journal of Advanced Academic Research, 9(3),
47-61.
[20] Osisioma, H., Nzewi, H., & Nwoye, U. (2015).
Corporate social responsibility and
performance of selected firms in Nigeria from
2000-2014. Administration Review, 19(4), 1-19.
[21] Otti, O. S; Udeh, F. N., Amahalu, N. N., Obi, J.
C. (2022). Effect of value engineering on
profitability of quoted manufacturing firms in
Nigeria. International Journal of Management
Studies and Social Science Research, 4(1), 60-
76.
[22] Sang, M., Zhang, Y., Ye, K., & Jiang, W.
(2022). Moderating effects of
internationalization between corporate social
responsibility and financial performance: The
case of construction firms. Buildings, 12, 185.
[23] Udo, C. U., Oraka, A. O., & Amahalu, N. N.
(2022). Female directors and corporate
sustainability of quoted conglomerates in
Nigeria. International Journal of Management
Studies and Social Science Research, 4(1), 131
– 143.
[24] Zeimers, G., Anagnostopoulos, C., Zintz, T., &
Willem, A. (2019). Organisational learning for
corporate social responsibility in sport
organisations. Eur. Sport Manag. Quart., 19,
80–101.