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The relationship between corporate social responsibility, environmental investments and financial performance: evidence from manufacturing companies
by
Wisdom, Okere
, Shabbir, Malik Shahzad
in
Aquatic Pollution
/ Atmospheric Protection/Air Quality Control/Air Pollution
/ Corporate responsibility
/ corporate social responsibility
/ Costs
/ Earth and Environmental Science
/ Economics
/ Ecotoxicology
/ Employee benefits
/ Environment
/ Environmental Chemistry
/ Environmental Health
/ Environmental regulations
/ Environmental science
/ Environmental testing
/ finance
/ Investments
/ Manufacturing
/ Nigeria
/ pollution
/ Profitability
/ Profits
/ Regression analysis
/ Regulation
/ Review Article
/ Social responsibility
/ Stock exchanges
/ Waste Water Technology
/ Water Management
/ Water Pollution Control
2020
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The relationship between corporate social responsibility, environmental investments and financial performance: evidence from manufacturing companies
by
Wisdom, Okere
, Shabbir, Malik Shahzad
in
Aquatic Pollution
/ Atmospheric Protection/Air Quality Control/Air Pollution
/ Corporate responsibility
/ corporate social responsibility
/ Costs
/ Earth and Environmental Science
/ Economics
/ Ecotoxicology
/ Employee benefits
/ Environment
/ Environmental Chemistry
/ Environmental Health
/ Environmental regulations
/ Environmental science
/ Environmental testing
/ finance
/ Investments
/ Manufacturing
/ Nigeria
/ pollution
/ Profitability
/ Profits
/ Regression analysis
/ Regulation
/ Review Article
/ Social responsibility
/ Stock exchanges
/ Waste Water Technology
/ Water Management
/ Water Pollution Control
2020
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Do you wish to request the book?
The relationship between corporate social responsibility, environmental investments and financial performance: evidence from manufacturing companies
by
Wisdom, Okere
, Shabbir, Malik Shahzad
in
Aquatic Pollution
/ Atmospheric Protection/Air Quality Control/Air Pollution
/ Corporate responsibility
/ corporate social responsibility
/ Costs
/ Earth and Environmental Science
/ Economics
/ Ecotoxicology
/ Employee benefits
/ Environment
/ Environmental Chemistry
/ Environmental Health
/ Environmental regulations
/ Environmental science
/ Environmental testing
/ finance
/ Investments
/ Manufacturing
/ Nigeria
/ pollution
/ Profitability
/ Profits
/ Regression analysis
/ Regulation
/ Review Article
/ Social responsibility
/ Stock exchanges
/ Waste Water Technology
/ Water Management
/ Water Pollution Control
2020
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The relationship between corporate social responsibility, environmental investments and financial performance: evidence from manufacturing companies
Journal Article
The relationship between corporate social responsibility, environmental investments and financial performance: evidence from manufacturing companies
2020
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Overview
The primary objective of this research is to ascertain the relationship between corporate social responsibility, environmental investments and financial performance in Nigerian manufacturing firms. The hypotheses are tested on internal environmental investments and external environmental investments on firm’s financial performance. It further determines if there is a significant difference between the profitability of environmentally conscious and environmentally non-conscious firms in Nigeria. Descriptive analysis is used to explain the variables applied and panel regression analysis is used to find out if there exists a relationship between internal environmental investments (employee benefits, staff training cost), external environmental investments (donations) and firm’s financial performance. The results indicate a positive and significant relationship exists between internal environmental investments and firm’s financial performance. It is also found a positive but insignificant relationship between external environmental investments and firm’s financial performance. Furthermore, paired sample
t
tests are used to reveal that there was a significant difference between the profitability of environmentally conscious and environmentally non-conscious firms. The finding of this study explains that firms with higher environmental investments have a higher profitability level than environmentally non-conscious firms.
Publisher
Springer Berlin Heidelberg,Springer Nature B.V
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