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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Main Author: Emmanuel Opoku Marfo
Format: Article
Language:English
Published: Taylor & Francis Group 2024-12-01
Series:Cogent Business & Management
Subjects:
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.
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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
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