Rippling effect of corporate governance and corporate social responsibility synergy on firm performance: The mediating role of corporate image
AbstractThere is a lack of consensus on how corporate governance and CSR relationships manifest across different institutional contexts especially within emerging economies, despite the wealth of available studies on the two concepts. The purpose of this study is to examine the relationship between...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2023-12-01
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| Series: | Cogent Business & Management |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/23311975.2023.2210353 |
| _version_ | 1797265264306290688 |
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| author | Klenam Korbla Ledi Enya Ameza – Xemalordzo |
| author_facet | Klenam Korbla Ledi Enya Ameza – Xemalordzo |
| author_sort | Klenam Korbla Ledi |
| collection | DOAJ |
| description | AbstractThere is a lack of consensus on how corporate governance and CSR relationships manifest across different institutional contexts especially within emerging economies, despite the wealth of available studies on the two concepts. The purpose of this study is to examine the relationship between corporate governance and corporate social responsibility as well as their effect on the performance of manufacturing firms via corporate image. The quantitative approach was used to collect data from a sample of 328 top executives of selected manufacturing firms in Ghana using the purposive sampling technique. The data collected was analyzed using AMOS and Process Macro. The study found that corporate governance has a high tendency to catalyze corporate social responsibility performance. The study further revealed that good corporate governance practices enhance both corporate image and performance of firms. Corporate social responsibility was also found to have a significant positive relationship with both corporate image and performance of manufacturing firms. The study further illuminated that corporate governance and corporate social responsibility have an indirect effect on firm performance through corporate image. The study has demonstrated how corporate governance and corporate social responsibility synergistically impact the performance of manufacturing firms. The study helps advance knowledge on the synergy and convergence of CSR and corporate governance interfaces and offers rich insight into the corporate governance and CSR puzzles within the context of the emerging economy. |
| first_indexed | 2024-03-07T14:19:36Z |
| format | Article |
| id | doaj.art-a9e1d8f2e95740d1976ee5e4f724ab9a |
| institution | Directory Open Access Journal |
| issn | 2331-1975 |
| language | English |
| last_indexed | 2024-04-25T00:42:02Z |
| publishDate | 2023-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Business & Management |
| spelling | doaj.art-a9e1d8f2e95740d1976ee5e4f724ab9a2024-03-12T08:30:26ZengTaylor & Francis GroupCogent Business & Management2331-19752023-12-0110210.1080/23311975.2023.2210353Rippling effect of corporate governance and corporate social responsibility synergy on firm performance: The mediating role of corporate imageKlenam Korbla Ledi0Enya Ameza – Xemalordzo1Kwame Nkrumah University of Science Technology, Business School, Kumasi, GhanaKwame Nkrumah University of Science Technology, Business School, Kumasi, GhanaAbstractThere is a lack of consensus on how corporate governance and CSR relationships manifest across different institutional contexts especially within emerging economies, despite the wealth of available studies on the two concepts. The purpose of this study is to examine the relationship between corporate governance and corporate social responsibility as well as their effect on the performance of manufacturing firms via corporate image. The quantitative approach was used to collect data from a sample of 328 top executives of selected manufacturing firms in Ghana using the purposive sampling technique. The data collected was analyzed using AMOS and Process Macro. The study found that corporate governance has a high tendency to catalyze corporate social responsibility performance. The study further revealed that good corporate governance practices enhance both corporate image and performance of firms. Corporate social responsibility was also found to have a significant positive relationship with both corporate image and performance of manufacturing firms. The study further illuminated that corporate governance and corporate social responsibility have an indirect effect on firm performance through corporate image. The study has demonstrated how corporate governance and corporate social responsibility synergistically impact the performance of manufacturing firms. The study helps advance knowledge on the synergy and convergence of CSR and corporate governance interfaces and offers rich insight into the corporate governance and CSR puzzles within the context of the emerging economy.https://www.tandfonline.com/doi/10.1080/23311975.2023.2210353corporate governancecorporate social responsibilitycorporate imagefirm performancemanufacturing |
| spellingShingle | Klenam Korbla Ledi Enya Ameza – Xemalordzo Rippling effect of corporate governance and corporate social responsibility synergy on firm performance: The mediating role of corporate image Cogent Business & Management corporate governance corporate social responsibility corporate image firm performance manufacturing |
| title | Rippling effect of corporate governance and corporate social responsibility synergy on firm performance: The mediating role of corporate image |
| title_full | Rippling effect of corporate governance and corporate social responsibility synergy on firm performance: The mediating role of corporate image |
| title_fullStr | Rippling effect of corporate governance and corporate social responsibility synergy on firm performance: The mediating role of corporate image |
| title_full_unstemmed | Rippling effect of corporate governance and corporate social responsibility synergy on firm performance: The mediating role of corporate image |
| title_short | Rippling effect of corporate governance and corporate social responsibility synergy on firm performance: The mediating role of corporate image |
| title_sort | rippling effect of corporate governance and corporate social responsibility synergy on firm performance the mediating role of corporate image |
| topic | corporate governance corporate social responsibility corporate image firm performance manufacturing |
| url | https://www.tandfonline.com/doi/10.1080/23311975.2023.2210353 |
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