Corporate Social Responsibility Accounting and Financial Performance of Breweries in Nigeria

Abstract

The study aimed to investigate corporate social responsibility accounting and performance of breweries in Nigeria. The study adopted a library research which entails a review of both conceptual and empirical literatures which formed the basis for drawing up conclusion by the researcher, after a careful review of the literatures. Surveys of empirical studies revealed that consensus have not been reached on the relationship between corporate social responsibility accounting and the performance of breweries companies in Nigeria. While many researchers found a significant relationship between corporate social responsibility accounting and the performance of breweries companies in Nigeria, other found an insignificant relationship between corporate social responsibility accounting and financial performance, hence it can be concluded that investigations into the relationship between corporate social responsibility accounting and financial performance are inconclusive and requires more empirical studies. In line with the findings, the study recommended that government as well as regulatory authorities of corporate organizations should make the issue of corporate social responsibility accounting mandatory/compulsory for the entire listed companies in Nigeria in general and the brewery companies in particular. This will compel the brewery companies to give back to the society in which they operate and polluted by the activities of their operations.

 Citation: Obembe, Olalekan J.; Jacob Martins Siga; Edheku, Ochuko Joy (2022) Corporate Social Responsibility Accounting and Financial Performance of Breweries in Nigeria, European Journal of Accounting, Auditing and Finance Research, Vol.10, No. 9, pp.58-70

Keywords: Corporate Social Responsibility, Financial Performance, Operations, brewery companies, corporate organizations

DOI: https://doi.org/10.37745/ejaafr.2013/vol10n95870

Article Review Status: Published

Pages: 58-70 (Download PDF)

Creative Commons Licence
This work by European American Journals is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License