OLADEJO, Dauda Adewole
Department of Entrepreneurial Studies
College of Entrepreneurship and Development Studies
Federal University of Agriculture, Abeokuta, Ogun State, Nigeria
ADERINTO Christy Olufunmilayo
Department of Management Studies
Faculty of Humanities, Management and Social Sciences
Dominican University, Samonda, Ibadan, Oyo State, Nigeria
OBADARE, Grace Oluwatoyin
Department of Entrepreneurial Studies
Faculty of Management Sciences
Osun State University, Osogbo, Osun State, Nigeria
OLADUNJOYE, Olawale Taofik
Center for Entrepreneurship Development
Yaba College of Technology Yaba, Lagos State, Nigeria
Nigeria’s dynamic and complex business setting has made attaining and sustaining firms’ performance an
arduous task for business executives in modern times. As a result, it is essential that they develop and
implement practical corporate social responsibility approaches that will allow them to achieve long-term
organizational performance. The goal of this study was to investigate the impact of employee benefit
schemes as corporate social responsibility factors on company performance in Lagos State, Nigeria.
Primary data were collected using a structured questionnaire. Three-hundred and sixty-one (361)
respondents were drawn from the study population (3,680), adopting a simple random sampling technique.
The study population included various levels of employees from the companies under consideration. Simple
percentages, means, standard deviations, correlation, and regression statistics were used to analyze the
data. Employee benefit schemes statistically influenced company performance in Lagos State, Nigeria (R
Square = 0.768, adjusted R Square = 0.791). As a result, the study concluded that employee benefit schemes
are critical components of corporate social responsibility. To improve company performance, business
executives should prioritize employee benefit schemes in their strategic plans.
Keywords: Company performance, customer satisfaction, employee benefit schemes, employee
satisfaction, market share

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