THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY AND EFFECTIVE CORPORATE GOVERNANCE ON FIRM VALUE OF CONSTRUCTION/REAL ESTATE COMPANIES IN NIGERIA

Abstract

The research investigated the impact of corporate social responsibility and effective corporate governance on firm value of construction/real estate companies in Nigeria. The study employed a nonprobability sampling method, specifically utilizing purposive sampling, to select companies that disclosed their financial statements through the Nigeria Exchange Group from 2014 to 2023. Secondary data was utilized for the analysis, with multiple linear regression employed as the data analysis technique. The findings suggest that both corporate social responsibility and effective corporate governance positively influence firm value. Based on the positive impact of corporate social responsibility and effective corporate governance on firm value, companies should prioritize integrating these practices into their organizational strategies to enhance their financial performance and overall value. These results offer implications for enriching the research model and supporting further empirical studies concerning the relationship between corporate social responsibility, effective corporate governance, and firm value.