No abstract

Economic dimension of corporate social responsibility (CSR) represent the main aim of establishing all forms of business organizations. The outcome from all transactions translate into the process of attaining continuity, growth, satisfactory returns, maximization of shareholders wealth and provision of goods and services to the community. Achievement of all these goals depends on how managers are able to perfect the profit motive objective and satisfy the needs of all stakeholders. A total of 164 respondents who are the managers responsible for decision making on all corporate social responsibility activities were engaged in answering the questionnaire for this study. The managers were representing different sub sectors of the Nigerian financial sector. A statistical analysis on the data was done by using the partial least square approach (PLS-SEM). Results from the analysis revealed that both profit motive and stakeholder needs are positively related with the economic dimension of CSR. Religiosity of managers is also positively related with ability of managers to attain economic responsibilities they were employed to achieve. With the role of religiosity as a significant moderating factor managers are expected to align CSR activities with accepted religious values that instills hard work, trust and assistance to stakeholders to fulfill the overall economic dimension of corporate social responsibility.

Purpose ― This study evaluates the bookkeeping practices of Muslim traders that carry out their trading activities in Kano State, Nigeria, from an Islamic inheritance perspective. Design/Methodology/Approach ― The major source of data was the administration of questionnaires. Semi-structured interviews were also conducted to support the results. Findings ― The questionnaire results found traders maintaining incomplete and improper records of their assets and liabilities. They also kept very minimal records for waṣiyyah (Islamic will). The findings imply that their inheritable wealth would not be fairly distributed based on the provisions of Islamic inheritance law. This claim was supported by real-life cases obtained through interviews portraying the consequences of incomplete and improper bookkeeping records. Originality/Value ― This paper is a pioneer study that empirically links bookkeeping practices to Islamic inheritance. Research Limitations ― This study is limited to Kano State, which is one of the 36 states of Nigeria. Practical Implications ― Traders are required to maintain proper and complete records of their assets, liabilities and waṣiyyah with a view to ensuring that their wealth is fairly distributed among their claimants when they die. Social Implications ― Keeping proper and complete records by traders could maximise the share to be given to each of their heirs and would save them against exposure to poverty, particularly if the wealth is properly invested.