Return to TrustAfrica »

African Giving Knowledge Base

The Impact of Corporate Social Responsibility on Market Value of Quoted Conglomerates in Nigeria

by Victor C. Oba

Oct 11, 2011

This paper uses a multiple regression model to investigate whether three Corporate Social Responsibility (CRS) variables -- Community Social Responsibility, Human Resource Management and charitable contribution have significant impact on quoted conglomerates' market value as measured by Tobin's Equity Q. Firm size was factored in as an extraneous variable.