Determinants of Corporate Donations of Non-Financial Quoted Companies in Nigeria

Abstract

This proposed study is to identify the determinants of corporate donations in Nigeria non-financial quoted companies. For this to be done, variables of interest were selected to text their influence on corporate donations and its value to the firm. Variables pertaining to profitability, firm size, financial leverage and corporate tax variable on donations were selected and secondary data from the 50 listed companies on the Nigerian Stock Exchange were also collected and collated. The study adopted the simple regression analysis framework and findings resulting from analysis revealed positive and significant relationship between corporate tax, profitability and firm size variables with corporate donations. The analysis of the results in this study shows that corporate donations impact significantly on the companies’ overall value.