Influence of Ownership Structure on Corporate Social Responsibility among Non-financial Listed Firms in Nigeria

Öz

The impact of ownership structure on CSR disclosure in Nigeria was investigated in this study. Seventy-seven (77) non-financial firms listed on the Nigerian Stock Exchange make up the study's population. Data from the annual reports and accounts of 77 non-financial companies listed on the Nigerian Stock Exchange between 2017 and 2019 were used to achieve the study's goal. Multiple regression analysis was used to examine the collected data. This research discovered that both management besides foreign ownership had a durable advantageous influence going on CSR disclosure, meaning that ownership structure dictates CSR disclosure practices among Nigeria's listed non-financial enterprises to a large extent. According to the findings of this study, relevant stakeholders in the Nigerian corporate environment should support increased foreign ownership in the Nigerian corporate environment since their international market exposure will enable enterprises to be more socially responsible. In addition, potential investors besides customers should make societal info disclosure a priority when working with a company to encourage management to pay more attention to CSR disclosure.

Anahtar Kelimeler

• corporate social responsibility
• ownership structure
• foreign investors
• managerial ownership

Kaynakça

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