ABSTRACT

This study empirically examines the effect of corporate governance on corporate social responsibility disclosures of listed financial firms in Nigeria.

A census sample technique was utilized in the study where a total of 42 firms were sampled for a period of 2015 to 2019. The study examined the data using descriptive statistics, correlation analysis and ordinary least square regression tecnique. The corporate governance variables employed were board size, board diversity, ownership concentration and Managerial ownership.

The empirical results showed that board size and board diversity has significant positive effect on corporate social responsibility disclosures of listed financial firms in Nigeria. Firm size was employed as the control variable and it also had significant positive effect on corporate social responsibility disclosure. However ownership concentration and managerial ownership were found to have no significant effect on corporate social responsibility. We recommended among others that firms should consider corporate governance mechanisms when formulating corporate social responsibility policies.