Corporate Philanthropy and Firm Performance: a Moderatig Role of Entrepreneurship & Innovations. A Case of Dangote Group of Company

Authors: Daniel Osemudiamen Inegbedion, Asikhia Olalekan, Adebayo Adedugba, Kolawola Ebiere

Abstract: Corporate philanthropy (CP) and charitable giving is now a major strategic event for multinational firms to strategically position themselves for higher performance returns of investment. Therefore, the significant impact of firm performance in relation to profitability can be empirically linked with CP. This study aim to explores the broad category of CP programs in Dangote Nigeria with the aid of ADF. The study examines the social contribution and intervention of infrastructural development, covid 19 pandemic and entrepreneurial training programs and building innovative ideas. Case study approach and the use of qualitative methods were employed in the analysis. The findings of this study revealed that CP activities and social interventions significantly impacted on performance. The results of this study have significant and practical implications on future societal progress, long term performance, infrastructural development, entrepreneurship growth, capacity building and firm sustainability.

Pages: 198-212

DOI: 10.46300/9103.2022.10.31

International Journal of Economics and Statistics, E-ISSN: 2309-0685, Volume 10, 2022, Art. #31