CORPORATE SOCIAL RESPONSIBILITY DICLOSURE AND FIRM FINANCIAL PERFORMANCE

ABSTRACT This research was undertaken to examine corporate social responsibility disclosure and firm financial performance. The specific objective is to determine if corporate social responsibility disclosure has significant effect on total assets of banks in Nigeria. Data was gathered through secondary sources. The result was analyzed using regression analysis. Both conceptual and empirical literature review were critically reviewed in other to achieve the objective of the study. The study reveals that corporate social responsibility disclosure have significant effect on total asset of banks and have significance impact on financial performance of listed firms in Nigeria. The study concluded that, corporate social responsibility disclosure has a significant impact on financial performance. This implies that the practice of effective corporate social responsibility disclosure (CSRD) can enhance a more melodic coexistence and smooth operation of the companies in their host communities. This will equally promote the companies’ reputation even as they strive to nurture and safeguard the environment in which they operate, and hence, improve their financial performances. The study recommends that, corporate governance has a linear relationship with firm performance. Therefore, the issues of corporate governance should be considered as important as profit making since it is a key factor in maximizing shareholders and other stakeholders’ value. Also, Firms should adopt uniform reporting and disclosure of environmental issues for the purpose of control and measurements of performance