scispace - formally typeset
Journal ArticleDOI

Corporate Social Responsibility: Institutional Behavior Differences in Extractive Industry

Reads0
Chats0
TLDR
In this paper, a negative relationship between fiscal resources accessibility and CSR investments for mining companies in Ghana, a sub-Saharan African developing economy, was found out by utilizing a well-protected data from the Ghana Investment Promotion Center (GIPC), Ghana Stock Exchange (GSE), and Ghana Chamber of mines (GCM).
Abstract
The developed countries’ institutional research undertaken on corporate social responsibilities (CSR) have shown a positive relationship between accessibility of financial related assets and CSR. Contentions that we classified as the Institutional Difference Hypothesis (IDH) drawn from the institutional writing, on the other hand, propose that institutional contrasts amid of developing and the developed economies are prone to result in diverse CSR propositions. Incorporating the rationale of IDH with understanding of knowledge from slack resource theory, we contend that there exists a negative relationship between fiscal resources accessibility and CSR investments for mining companies in Ghana, a sub-Saharan African developing economy. We utilize a well-protected data from the Ghana Investment Promotion Center (GIPC), Ghana Stock Exchange (GSE) and Ghana Chamber of mines (GCM) and find that Return on Ordinary Share, Return on Sales, and Net Profit were reliably connected with lower CSR disbursements. We highlight the ramifications of our discoveries for academics’ examination and corporate practitioners.

read more

Citations
More filters
Journal ArticleDOI

Brand Aid: shopping well to save the world

TL;DR: Samara as discussed by the authors provides a clear, five-faceted elucidation of what he is prepared to see as a punitive neoliberalism, which was once a colonial city became an apartheid city and then, we had hoped, a liberated city.
Journal ArticleDOI

Corporate social responsibility and stakeholder engagement in Ghana’s mining sector: a case study of Newmont Ahafo mines

TL;DR: In this article, the authors investigated the CSR process of an extractive company and examined how stakeholders are engaged in CSR using purposive and snowball sampling in identifying its respondents, data was gathered through interviewing 21 selected respondents from various stakeholder groups and documents such as sustainability annual reports.
Journal ArticleDOI

Formal and informal sustainability reporting: an insight from a mining company’s subsidiary in Ghana

TL;DR: In this article, the authors examined the formal and informal forms and channels of sustainability reporting in the emerging economy's context and found that most stakeholders from the host community interviewed were not aware and to an extent, not interested in formal sustainability reports.
Posted Content

Corporate Ethics & Governance in an Inclusive Growth Framework

TL;DR: In this paper, the authors explore how business should and could align achievement of its profit-oriented objectives alongside satisfactorily addressing the ever changing societal requirements so as to sustain itself on an ongoing basis creating both national wealth and shareholder returns.
References
More filters
Book ChapterDOI

Creating Shared Value

TL;DR: In recent years, business increasingly has been viewed as a major cause of social, environmental, and economic problems, and companies are widely perceived to be prospering at the expense of the broader community as mentioned in this paper.
Journal ArticleDOI

What We Know and Don't Know About Corporate Social Responsibility: A Review and Research Agenda

TL;DR: In this article, the authors review the corporate social responsibility literature based on 588 journal articles and 102 books and book chapters and offer a multilevel and multidisciplinary theoretical framework that synthesizes and integrates the literature at the institutional, organizational, and individual levels of analysis.
Posted Content

Corporate Social Responsibility and Institutional Theory: New Perspectives on Private Governance

TL;DR: Corporate Social Responsibility (CSR) has become a pervasive topic in the business literature, but has largely neglected the role of institutions as discussed by the authors, which suggests going beyond grounding CSR in the voluntary behaviour of companies, and understanding the larger historical and political determinants of whether and in what forms corporations take on social responsibilities.
Journal ArticleDOI

The Causal Effect of Corporate Governance on Corporate Social Responsibility

TL;DR: In this article, the empirical association between corporate governance and corporate social responsibility (CSR) engagement by investigating their causal effects was examined by employing a large and extensive US sample and finding that while the lag of CSR does not affect CG variables, the lag effect positively affects firms' CSR engagement, after controlling for various firm characteristics.
Journal ArticleDOI

Corporate governance and environmental performance: is there really a link?

TL;DR: In this paper, a fact-based research approach was adopted to comprehensively explore the link between corporate governance and environmental performance, and to understand how the relationships between and among the firms' owners, managers, and boards of directors influence environmental performance.