OWNERSHIP STRUCTURE AND CORPORATE SOCIAL DONATION DISCLOSURE

MONDAY OLADE, IZEVBEKHAI; OBAGAH NASIRU YAKUBU

doi:10.70382/sjmscd.v10i7.062

Authors

MONDAY OLADE, IZEVBEKHAI (PhD) Department of Accountancy, School of Financial Studies, Auchi Polytechnic, Auchi Author
OBAGAH NASIRU YAKUBU Department of Accountancy, School of Financial Studies, Auchi Polytechnic, Auchi Author

DOI:

https://doi.org/10.70382/sjmscd.v10i7.062

Keywords:

Ownership Structure, Foreign Ownership, Corporate Social Donation Disclosure, Institutional Ownership, Family Ownership, Government Ownership

Abstract

This study examined ownership structure and corporate social donation disclosure of listed firms in Nigeria. The objective of the study was to investigate whether foreign ownership have significant effect on social donation disclosure of listed service firms in Nigeria. The secondary source of data collection was adopted in the study where the purposive sampling technique was used to select a sample size of ten (10) listed firms for the study. Least Square regression analysis was used in this study and the findings revealed that foreign ownership have significant effect on social donation disclosure of listed service firms in Nigeria. It was concluded that since ownership structure attributed in terms of foreign, family, institutional and government ownership all showed significant effect on corporate social donation disclosure and finally, it recommended that firms should maintain a considerate level of foreign ownership since it have significant effect on the social donation of companies in Nigeria.