Contents
pdf Download PDF pdf Download XML
888 Views
246 Downloads
Share this article
Research Article | Volume: 1 Issue: 1 (July-Dec, 2024) | Pages 1 - 7
Corporate Social Responsibility and Performance of Nigerian Deposit Money Banks
 ,
 ,
1
Lecturer, Department of Banking & Finance, Covenant University, Ota, Ogun State
2
Lecturer, Department of Sociology, Covenant University, Ota, Ogun State
Under a Creative Commons license
Open Access
Received
March 10, 2024
Revised
May 20, 2024
Accepted
June 25, 2024
Published
July 1, 2024
Abstract

The paper examined the effect of corporate social responsibility on the performance of Nigerian deposit money banks with special reference to Guarantee Trust Bank PLC in Nigeria (GTBank). The paper made positions that corporate social responsibility enhances the performance of banks. Hence, we empirically examined the impact of corporate social responsibility on profit of GTBank for the period 2006 till 2018. From the model specified, the unit root test indicated that the result was stationary at level showing there is a long run co-integration among the variables. The result of the OLS result showed that there was a positive and significant impact of corporate social responsibility on the profit performance of GTBank. We therefore recommend that all stakeholders should ensure that they encourage their banks to have serious commitment towards corporate social responsibility as this has added value to their investment in the long run.

Keywords
Recommended Articles
Research Article
Customer Satisfaction of Generation Y and Z Women in Online Apparel Market
Published: 07/04/2026
Research Article
Emerging Trends and Practical Applications in Biological Sciences: Insights from Zoology, Botany and Agricultural Sciences
...
Published: 07/04/2026
Research Article
Bridging the Gap: An Empirical Analysis of Education, Economic Outcomes, and Social Inclusion among Minority Communities in India
...
Published: 04/04/2026
Research Article
Artificial Intelligence in Hospital Functions: A Study on Adoption and Trust among Hospital Staff
Published: 02/04/2026
© Copyright Asian Society of Management & Marketing Research (ASMMR)