THE IMPACT AND ROLE OF CORPORATE SOCIAL RESPONSIBILITY ON THE PROFITABILITY RATIO OF BUSINESS ORGANIZATIONS IN NIGERIA
Abstract
This study examines the impact of corporate social responsibility (CSR) on the profitability ratio of business organizations in Nigeria. It explores how CSR practices such as community development, employee welfare, and environmental sustainability influence business performance and growth. The research adopted a descriptive design using data collected from selected Nigerian firms through questionnaires and analyzed using statistical tools. The findings revealed that CSR has a significant positive effect on profitability, showing that socially responsible firms achieve higher financial performance, improved reputation, and stronger stakeholder relationships. The study concludes that integrating CSR into business strategies enhances both social value and organizational profitability.
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