ASSESSMENT OF CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE ON RETURN ON ASSET AND SHARE PRICE OF SEPLAT ENERGY PLC IN NIGERIA

2024-06-24T20:12:50+00:00

Corporate social responsibility (CSR) is considered an instrument for improving a company's reputation with key stakeholders, generating revenue, and improving bottom-line results; however, rather than corporate organizations, most studies concentrated on Nigeria, a sovereign state. Therefore, it is imperative to investigate the specific relationship between corporate social responsibility disclosure and its effects on asset returns and share prices, with specific reference to an oil firm such as Seplat Energy Plc in Nigeria. Nigeria. Ex-post facto or causal comparative designs were utilized because the study's data came from the annual reports of Seplat Energy Plc on the Nigerian Stock Exchange. Pearson Product Moment Correlation (PPMC) and regression analysis were used to analyze this study. The results showed that corporate social responsibility indices are positively related to ROA, except size. Additionally, it was observed that the corporate social responsibility index explains 46.8% of the variance in ROA. Because the size and donation values on the t-calculated values of -1.089 and 0.620, respectively, are less than the t-tabulated value of 1.833. Based on the research findings, Seplat Petroleum Development Plc was found to have acknowledged the value of corporate social responsibility (CSR) and to be fulfilling its commitments to both internal and external stakeholders as well as the broader community. It was recommended that a law be enacted that will fix the minimum percentage of profit that organizations should spend on corporate social responsibility.

DIGITAL MEDIA TOOLS AND YOUTH EMPOWERMENT IN ANAMBRA STATE

2024-06-24T20:12:50+00:00

This study empirically investigated Digital Media tools and Youth Empowerment in Anambra State. The study was carried out in Onitsha the capital of Anambra State. The reason for choosing Onitsha is because Onitsha is the largest commercial city in South East with highest population of young entrepreneurs. Specifically the study aims to; ascertain the effect of Youtube on youth skills acquisition and development, examine the effect of facebook on youth accessibility of credit facilities for startup business. The population for the study comprised current metro area population of Onitsha in 2024 which is 1,695,000 residents. However a sample of 400 youths was sampled for the study using Taro Yamane Sampling Techniques. A structured questionnaire designed by the researchers served as the instrument for data collection, data gotten from the respondents were analyzed using simple percentage while chi-square was used for testing of the hypotheses at 0.05 level of significance. The findings of the study revealed that youtube have positive significant effect on youth empowerment in South East Nigeria, facebook has also positive significant effect on youth empowerment in South East Nigeria. Based on the findings, the following recommendations were made; youths should be encouraged to utilize digital tools for self development so as to relevant in today’s world driven by technology, educational centers and skills acquisition training centeres should embrace the use of social media tools in their training curriculum.

ESUT JOURNAL OF SOCIAL SCIENCES

ASSESSMENT OF CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE ON RETURN ON ASSET AND SHARE PRICE OF SEPLAT ENERGY PLC IN NIGERIA

DIGITAL MEDIA TOOLS AND YOUTH EMPOWERMENT IN ANAMBRA STATE