Author
Chinedu D. Ibegbulem
Department of Accounting
Imo State University Owerri
chinik2003@yahoo.com
+2348037906261
Abstract
This study investigated the effect of education corporate social responsibility cost on the
performance of deposit money banks (DMBs) in Nigeria from 2015 to 2024. Performance which
the dependent variable was proxied by return on total asset (ROTA) and return on equity (ROE).
The independent variable education CSR cost was proxied by education development cost
(EDC). The time series data for this study, were collected from the annual reports of the selected
banks and analyzed. Data were tested using panel data regression analysis. The study examines
how education development cost, a corporate social responsibility initiative, affect the
performance of banks. The findings reveal that Education development cost (EDC) has positive,
but statistically insignificant effect on the return on total asset and return on equity. The positive
and significant intercept in both models indicates that banks should continue to invest in
educational development regardless of short-term financial outcomes. The study recommend that
banks’ management should integrate education development expenditure into long-term strategic
and operational planning, regardless of short-term profitability fluctuations.
References
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