Mechanisms and initiatives of corporate social responsibility behaviours in Ghana: a co-integration approach
AbstractThis study examined the effects of corporate social responsibility (CSR) behaviours, mechanisms, and initiatives on the involvement of mining companies in Ghana. Longitudinal data was collected from the Ghana Chamber of Mines and Industry between 2012 to 2022. Using a co-integration approach...
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Format: | Article |
Language: | English |
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Taylor & Francis Group
2024-12-01
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Series: | Cogent Business & Management |
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Online Access: | https://www.tandfonline.com/doi/10.1080/23311975.2024.2312580 |
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author | Emmanuel Opoku Marfo |
author_facet | Emmanuel Opoku Marfo |
author_sort | Emmanuel Opoku Marfo |
collection | DOAJ |
description | AbstractThis study examined the effects of corporate social responsibility (CSR) behaviours, mechanisms, and initiatives on the involvement of mining companies in Ghana. Longitudinal data was collected from the Ghana Chamber of Mines and Industry between 2012 to 2022. Using a co-integration approach, the study examines the relationship between various factors and CSR engagement in the Ghanaian context. The study adopted a probabilistic model to measure the robustness of CSR behaviour on CSR mechanisms and initiatives. However, no positive correlation existed between partnerships and CSR engagement, implying that any discrepancy could be attributed to contextual factors in the studied industries. While this study identifies a negative relationship with partnerships, it also highlights the positive impact of voluntary programmes on CSR engagements. Therefore, it is recommended that aligning CSR initiatives with appropriate mechanisms would enable companies to effectively and efficiently pursue their CSR objectives since CSR is integral to modern business practices. |
first_indexed | 2024-03-07T22:52:27Z |
format | Article |
id | doaj.art-80c9cdb782474fef9025648cd219ec52 |
institution | Directory Open Access Journal |
issn | 2331-1975 |
language | English |
last_indexed | 2024-03-07T22:52:27Z |
publishDate | 2024-12-01 |
publisher | Taylor & Francis Group |
record_format | Article |
series | Cogent Business & Management |
spelling | doaj.art-80c9cdb782474fef9025648cd219ec522024-02-23T09:15:14ZengTaylor & Francis GroupCogent Business & Management2331-19752024-12-0111110.1080/23311975.2024.2312580Mechanisms and initiatives of corporate social responsibility behaviours in Ghana: a co-integration approachEmmanuel Opoku Marfo0Department of Entrepreneurship and Business Sciences, School of Arts and Social Sciences, University of Energy and Natural Resources, Sunyani, GhanaAbstractThis study examined the effects of corporate social responsibility (CSR) behaviours, mechanisms, and initiatives on the involvement of mining companies in Ghana. Longitudinal data was collected from the Ghana Chamber of Mines and Industry between 2012 to 2022. Using a co-integration approach, the study examines the relationship between various factors and CSR engagement in the Ghanaian context. The study adopted a probabilistic model to measure the robustness of CSR behaviour on CSR mechanisms and initiatives. However, no positive correlation existed between partnerships and CSR engagement, implying that any discrepancy could be attributed to contextual factors in the studied industries. While this study identifies a negative relationship with partnerships, it also highlights the positive impact of voluntary programmes on CSR engagements. Therefore, it is recommended that aligning CSR initiatives with appropriate mechanisms would enable companies to effectively and efficiently pursue their CSR objectives since CSR is integral to modern business practices.https://www.tandfonline.com/doi/10.1080/23311975.2024.2312580Co-integrationCSR behaviourCSR mechanisms and initiativesGhanaRuiz PabloUniversidad de Castilla-La Mancha |
spellingShingle | Emmanuel Opoku Marfo Mechanisms and initiatives of corporate social responsibility behaviours in Ghana: a co-integration approach Cogent Business & Management Co-integration CSR behaviour CSR mechanisms and initiatives Ghana Ruiz Pablo Universidad de Castilla-La Mancha |
title | Mechanisms and initiatives of corporate social responsibility behaviours in Ghana: a co-integration approach |
title_full | Mechanisms and initiatives of corporate social responsibility behaviours in Ghana: a co-integration approach |
title_fullStr | Mechanisms and initiatives of corporate social responsibility behaviours in Ghana: a co-integration approach |
title_full_unstemmed | Mechanisms and initiatives of corporate social responsibility behaviours in Ghana: a co-integration approach |
title_short | Mechanisms and initiatives of corporate social responsibility behaviours in Ghana: a co-integration approach |
title_sort | mechanisms and initiatives of corporate social responsibility behaviours in ghana a co integration approach |
topic | Co-integration CSR behaviour CSR mechanisms and initiatives Ghana Ruiz Pablo Universidad de Castilla-La Mancha |
url | https://www.tandfonline.com/doi/10.1080/23311975.2024.2312580 |
work_keys_str_mv | AT emmanuelopokumarfo mechanismsandinitiativesofcorporatesocialresponsibilitybehavioursinghanaacointegrationapproach |