Journal of Business & Economic Policy

The Impact of Company Size on Corporate Social Responsibility: Empirical Evidence from a Developing Economy
Uchenna Akpom, Ph.D; Janie Gregg, Ph.D

Abstract
Corporate social responsibility is a company’s way of expressing good citizenship and managerial stewardship of the firm's resources to pursue the common good. The determinants of corporate social responsibility have been studied for some time now however most of the studies emphasize developed economies. This study investigates the determinants of corporate social responsibility in a developing economy with special emphasis on the impact of firm size on corporate giving in a developing economy. Understanding the role of company characteristics on corporate social responsibility (CSR) have increasingly become important in the recent years. Using 2013 data from companies listed in the financial sector of Nigerian Stock Exchange, an empirical analysis was performed to determine whether the size of company significantly impact the company's involvement in CSR in Nigeria. The results show that company size is a significant determinant of CSR in Nigeria.

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