ORIGINAL RESEARCH ARTICLE | July 3, 2026
Corporate Social Responsibility Disclosure and Economic Value Added of Financial Services Firms Listed in Nigeria
Olubunmi Modupe ODUGBEMI, Olubunmi Veronica OLOGUN
Page no 222-233 |
https://doi.org/10.36348/sjbms.2026.v11i07.001
Corporate social responsibility disclosure (CSRD) has gained prominence due to growing stakeholders’ expectations for transparency and accountability in companies. This study, therefore, investigates the effect of corporate social responsibility disclosure on economic value added of financial services firms listed in Nigeria. A longitudinal research design was used on data obtained from companies with a population of forty-nine (49) firms publicly listed in financial services in Nigeria as at 31st December 2025, whose audited financial statements were available from 2013 to 2015. The total population was also purposely selected as the sample. The results revealed that the education initiative (EIND) and community responsibility disclosure (CMRD) have a negative effect on ECVA; EIND was not statistically significant, whereas CMRD was. However, there is an affirmative and statistically insignificant effect of health and safety disclosure (HSFD) on the economic value added of sample firms. In consonance with the results, this study recommends that corporate managers and directors align corporate responsibility with the host community's expectations to meet needs and enhance their reputation, thereby improving economic value.
Organizations are recognizing the potential of workforce diversity as a source of innovation more and more but empirical evidence on this connection is torn. This paper is an analysis of the role of demographic, cognitive, and experiential diversity in determining the outcome of innovations, and the role of the climate of inclusion in affecting the same. The study is a quantitative study that relies on a complete use of secondary data to draw the conclusions as a result of the theories of management of performance within a team and the sociological approach to identity and group interaction. They have collected data based on the publicly available annual reports, sustainability reports, and human-resources disclosures of ten medium and large companies operating in the technology, manufacturing, and service sectors. Diversity ratios, education diversity index, experiential diversity, inclusion rating, patents, research and development expenditures, number of new products were obtained. The relationships were analysed using descriptive statistics, correlations and simple regression equations. Findings show that there are positive relationships between cognitive and experiential diversity and innovation indicators but demographic diversity has a positive relationship with innovation only when accompanied with high inclusion scores. These results support the claim that diversity is not enough and should be followed by an inclusive climate that allows sharing the knowledge and participating in the activities equally. The research adds a fairly easy yet significant piece of evidence to the workforce diversity research, as it allows managers and researchers to gain insights into the use of diversity at work in order to be innovative.
ORIGINAL RESEARCH ARTICLE | July 21, 2026
Strategic Innovation and Financial Resilience of Agro Firms in Lagos State, Nigeria
Mobolaji Johnson, Omiete, V. Olulu-Briggs, Georgewill, Tekenar
Page no 243-252 |
https://doi.org/10.36348/sjbms.2026.v11i07.003
This study investigated the role of strategic innovation in enhancing the financial resilience of agro firms in Lagos State, Nigeria. The research adopts a structured questionnaire distributed to 345 firms, with 311 valid responses obtained (90% return rate), the research examined three dimensions of innovation—product, process, and business model—and their collective impact on resilience. Descriptive statistics and Pearson correlation analyses were employed to test four hypotheses. Findings revealed that all three innovation dimensions were positively and significantly correlated with financial resilience. Product innovation (r = 0.53, p < 0.01) contributed through diversification and responsiveness to consumer preferences, though export diversification showed weaker effects. Process innovation (r = 0.57, p < 0.01) emerged as the strongest driver, with efficiency improvements and logistics optimization reducing losses and strengthening resilience. Business model innovation (r = 0.49, p < 0.01) also played a meaningful role, particularly through digital platforms and cooperative financing, though subscription farming showed limited adoption. Importantly, the combined innovation index (r = 0.62, p < 0.01) demonstrated that integrated innovation strategies yield the highest resilience outcomes, outperforming isolated efforts. Also, the regression result of R2 = 0.789 indicate that strategic innovations collectively explains nearly 80% of financial resilience of agro firms in Lagos State Nigeria. The study concludes that strategic innovation is a critical pathway to financial resilience in volatile agro markets. Based on the conclusion, it was recommended among others that Agro firms strengthen process innovation through efficiency technologies and logistics systems; enhance product innovation by diversifying into value-added goods and adapting to consumer preferences.
ORIGINAL RESEARCH ARTICLE | July 25, 2026
Inspiration of Transformational Leadership Style and Regulatory Policies on Banking Performance: A Survey of Cooperative Bank, Ecobank, and the National Bank of Egypt in South Sudan
Jacob Dut Chol Riak, Chol Gabriel Majer
Page no 253-260 |
https://doi.org/10.36348/sjbms.2026.v11i07.004
This study examines the influence of transformational leadership style and regulatory policies on banking performance in South Sudan, using Cooperative Bank, Ecobank, and the National Bank of Egypt in Juba as case studies. The study was motivated by persistent challenges affecting the banking sector, including macroeconomic instability, shortages of foreign and local currency, liquidity constraints, weak regulatory enforcement, inadequate corporate governance, and declining customer confidence. Specifically, the study sought to examine the influence of transformational leadership on banking performance, assess the effect of regulatory policies on commercial bank performance, and determine the relationship between transformational leadership, regulatory policies, and banking performance. Guided by transformational leadership and institutional theories, the study adopted a positivist paradigm and a quantitative cross-sectional survey design. Data were collected from a sample of 96 employees selected from a target population of 157 using structured questionnaires. The collected data were analyzed using the Statistical Package for the Social Sciences (SPSS) Version 26 through descriptive statistics, Pearson Product-Moment Correlation, and Multiple Linear Regression Analysis. The findings revealed strong, positive, and statistically significant relationships among transformational leadership, regulatory policies, and banking performance, with Pearson correlation coefficients ranging from 0.556 to 0.970 at p < 0.01. Transformational leadership practices, including strategic vision, employee motivation, innovation, and organizational commitment, significantly enhanced banking performance. Likewise, regulatory policies relating to Basel III compliance, corporate governance, risk management, and regulatory oversight significantly improved profitability, operational efficiency, institutional stability, and asset quality. The study concludes that transformational leadership and effective regulatory policies are complementary drivers of banking performance are critically required. It recommends strengthening leadership development, regulatory compliance, corporate governance, and risk management frameworks to enhance institutional resilience and promote sustainable banking sector growth in South Sudan.