IMPACT OF CORPORATE SOCIAL RESPONSIBILITY O MARKET VALUE OF LISTED CONGLOMERATE COMPANIES NIGERIA

Abstract

The study examines how corporate social responsibility affects Nigerian listed
market value. Community engagement, Human Resource Management (HRM) disclosures,
and charitable contributions are used to examine how CSR affects listed conglomerates'
market value in Nigeria. The study used panel data regression to determine how CSR affec
company market value. The study population includes all five Nigerian stock exchange
listed conglomerate companies as at December 31, 202
The study examines how corporate social responsibility affects Nigerian listed companies'
market value. Community engagement, Human Resource Management (HRM) disclosures,
and charitable contributions are used to examine how CSR affects listed conglomerates'
market value in Nigeria. The study used panel data regression to determine how CSR affects
company market value. The study population includes all five Nigerian stock exchange
December 31, 2024. The study found that community
based CSR initiatives negatively affect market value, while HRM disclosures have n
However, charitable contributions boost market value in Nigerian conglomerates. The study
recommends that these companies' management take a more targeted and strategic
approach to CSR implementation immediately. Strategic
based CSR initiatives negatively affect market value, while HRM disclosures have no effect.
However, charitable contributions boost market value in Nigerian conglomerates. The study
recommends that these companies' management take a more targeted and strategic
approach to CSR implementation immediately. Strategic alignment and transparent
communication of CSR initiatives to increase market value, strengthen local ties, and foster
communication of CSR initiatives to increase market value, strengthen local ties, and foster
business growth and financial performance.