This study explored the effect of corporate social responsibility and corporate financial performance on the turnover of food and beverage firms in Nigeria. It spanned for the period of 10years (2007-2017) and made use of secondary data extracted from the financial reports and accounts of the selected firms for the period. The study adopted ex-post facto research design and employed the panel least squares multiple regression analysis. Findings of the study revealed that Corporate Social Responsibility (CSR) proxied by donations has positive and effect on turnover of food and beverage firms in Nigeria; while corporate financial performance proxied by Profit after Tax (PAT) and Return on Equity (ROE) positively and insignificantly affect turnover of food and beverage firms in Nigeria. The implication of this finding is that donation and healthy financial performance helps to boost turnover of manufacturing firms in Nigeria. Based on these findings, it was recommended among others that firms should encourage community donations and support to encourage their financial strength and profitability.