Sarcouncil Journal of Economics and Business Management

Abstract: The study focuses on the Corporate Social Responsibility Cost and Organisational Performance of some selected companies quoted in the Nigeria Stock Exchange. The broad objective was to investigate the effect of the cost incurred by companies in carrying out their social responsibility on their financial performance. To achieve this objective secondary and time series data were obtained from the Nigeria Stock Exchange (NSE) for ten year period between 2010-2019. The data were analysed using descriptive statistics, correlation matrix and Ordinary Least Square Regression Analysis with the aid of E-Views 8.0. The results from the research analysis confirmed that firm’s employment responsibility cost has negative and insignificant effect on return on asset of companies in Nigeria. It findings indicate a positive insignificant relationship between firm’s community responsibility cost and return on equity of companies in Nigeria. Lastly, the results revealed that firm’s environmental responsibility cost has negative and insignificant influence on earning per share of companies quoted in NSE. The study therefore recommends that to reduce employment responsibility cost, companies should base their employee benefits on long term rather than short term. Companies should spend more on capital asset in the community that could have a lasting memory on the community