Live Covid-19
United States 98,254,659
Cases: 98,254,659
Deaths: 1,084,893
Recovered: 95,188,388
Active: 1,981,378
India 44,597,498
Cases: 44,597,498
Deaths: 528,701
Recovered: 44,032,671
Active: 36,126
France 35,475,260
Cases: 35,475,260
Deaths: 155,112
Recovered: 34,567,599
Active: 752,549
Brazil 34,721,228
Cases: 34,721,228
Deaths: 686,366
Recovered: 33,853,693
Active: 181,169
Germany 33,386,229
Cases: 33,386,229
Deaths: 150,064
Recovered: 32,382,900
Active: 853,265
South Korea 24,831,761
Cases: 24,831,761
Deaths: 28,509
Recovered: 24,235,981
Active: 567,271
United Kingdom 23,672,855
Cases: 23,672,855
Deaths: 190,317
Recovered: 23,360,723
Active: 121,815
Italy 22,542,568
Cases: 22,542,568
Deaths: 177,197
Recovered: 21,898,422
Active: 466,949
Japan 21,345,939
Cases: 21,345,939
Deaths: 45,018
Recovered: 20,400,911
Active: 900,010
Russia 21,073,185
Cases: 21,073,185
Deaths: 387,559
Recovered: 20,175,902
Active: 509,724
Turkey 16,873,793
Cases: 16,873,793
Deaths: 101,139
Recovered: 16,763,477
Active: 9,177
Spain 13,422,984
Cases: 13,422,984
Deaths: 114,179
Recovered: 13,225,964
Active: 82,841
Vietnam 11,481,314
Cases: 11,481,314
Deaths: 43,149
Recovered: 10,593,181
Active: 844,984
Australia 10,241,739
Cases: 10,241,739
Deaths: 15,221
Recovered: 10,172,662
Active: 53,856
Argentina 9,711,355
Cases: 9,711,355
Deaths: 129,937
Recovered: 9,566,732
Active: 14,686
Netherlands 8,430,861
Cases: 8,430,861
Deaths: 22,650
Recovered: 8,366,038
Active: 42,173
Iran 7,550,021
Cases: 7,550,021
Deaths: 144,448
Recovered: 7,326,508
Active: 79,065
Mexico 7,090,330
Cases: 7,090,330
Deaths: 330,131
Recovered: 6,359,142
Active: 401,057
Taiwan 6,581,117
Cases: 6,581,117
Deaths: 11,201
Recovered: 5,743,472
Active: 826,444
Indonesia 6,435,719
Cases: 6,435,719
Deaths: 158,143
Recovered: 6,261,282
Active: 16,294
Colombia 6,307,372
Cases: 6,307,372
Deaths: 141,794
Recovered: 6,134,690
Active: 30,888
Poland 6,297,656
Cases: 6,297,656
Deaths: 117,598
Recovered: 5,335,940
Active: 844,118
Portugal 5,498,126
Cases: 5,498,126
Deaths: 25,058
Recovered: 5,402,037
Active: 71,031
Ukraine 5,177,217
Cases: 5,177,217
Deaths: 109,206
Recovered: 4,983,781
Active: 84,230
Austria 5,162,934
Cases: 5,162,934
Deaths: 20,758
Recovered: 5,030,658
Active: 111,518
Greece 4,920,192
Cases: 4,920,192
Deaths: 33,111
Recovered: 4,854,954
Active: 32,127
Malaysia 4,843,865
Cases: 4,843,865
Deaths: 36,375
Recovered: 4,783,393
Active: 24,097
North Korea 4,772,813
Cases: 4,772,813
Deaths: 74
Recovered: 4,772,739
Active: 0
Thailand 4,682,132
Cases: 4,682,132
Deaths: 32,771
Recovered: 4,642,894
Active: 6,467
Israel 4,663,515
Cases: 4,663,515
Deaths: 11,698
Recovered: 4,644,081
Active: 7,736

Responsiveness of Firm Productivity to Social Cost of Oil and Gas Firms in Nigeria

Responsiveness of Firm Productivity to Social Cost of Oil and Gas Firms in Nigeria

ABSTRACT

This study examined the responsiveness of firm productivity to the social cost of oil and gas firms in Nigeria. The study specifically determined the responsiveness of turnover to public infrastructure development of oil and gas firms in Nigeria, the responsiveness of turnover to public health maintenance of oil and gas firms in Nigeria, and also examine the responsiveness of turnover to environmental development cost of oil and gas firms in Nigeria.  Data for the study was sourced through secondary sources of data collection from the annual reports and accounts of the sampled firms, the collected data were analyzed using multiple regression analysis. The result of the analysis shows that Turnover positively and significantly responds to the public infrastructural development of oil and gas firms in Nigeria. This result implies that the turnover of the oil and gas firms will improve as the firms become socially responsible by developing public infrastructure. Turnover positively and insignificantly responds to public health maintenance of oil and gas firms in Nigeria. The implication of this finding is that firm sales of the oil and gas firms will increase as the firms vote more money via corporate social responsibility to maintain public health facilities. Turnover positively and significantly responds to the environmental development cost of oil and gas firms in Nigeria. The implication of this finding is that firm sales of oil and gas firms will increase as the firm develops its environment.  Based on the findings, the study recommends among others that Oil and gas firms in Nigeria should invest in the public infrastructural development of their host communities and even beyond. Such public infrastructure includes roads, bridges, parks, and so on.

Keywords: Firm Productivity; Oil and Gas Firms; Social Cost; Public Health Maintenance; Public Infrastructure

Authorship: Edeh, Anthony Azubuike-Chinedu1, Prof. Inyiama, Oliver Ikechukwu2 and Prof. Ugwuanyi, Uche3 | FULL PDF

 

 

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