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ABSTRACT
This study examines the relationship between corporate social responsibility and trouble firms in Nigeria. The model is regressed to analyze the existence of significant relationships between the dependent and independent variables. The selected 30 firms in this study were drawn from all financial service and manufacturing sector quoted Nigerian companies that have maintained 2016 to 2020 annual financial reports. In identifying the possible corporate social responsibility that would influence firm performance; we conducted descriptive statistics, correlation and firm observable estimation of the regression result. Specifically, we studied the relationship between firm performance and ecological factor, environmental factor, community development and legal requirement. The study found out that environmental factor, community development and legal requirement to a large extent affect firm performance. Regarding the corporate social responsibility which affects the firm performance in Nigeria, the findings confirm that the increase of the environmental factor, community development and legal requirement led to increase in the firm performance, because by implementing these responsibilities, lenders and investors will be attracted towards the company and continue to contribute their money to the firm; therefore firm’s financial condition will improve.
