Corporate Governance and Corporate Social Responsibility: Strategies for Sustainable Business Practice in MTN Nigeria

Abstract

Corporate governance and corporate social responsibility (CSR) have gained immense significance in the contemporary business landscape, influencing organisations’ operational strategies and ethical behaviour across various industries. The study focused on the impact of corporate governance on the corporate social responsibility of MTN Nigeria, which the MTN Nigeria Foundation manages. The study adopted an ex-post-facto research design, and the data used for analyses is mainly secondary data. After implementing the Autoregressive Distributed Lag technique, the findings of the study established the intersection between corporate governance and CSR. Board size and board gender diversity both exhibited a significant negative intersection with CSR in MTN Nigeria. The outcome of this study speaks to the need for a review of board composition.