This article reports a comparative study of the key motives underlying corporate social responsib... more This article reports a comparative study of the key motives underlying corporate social responsibility (CSR) practices of foreign and local firms operating in Ghana and the societal as well as business outcomes of these practices. The results show that while the CSR decisions of foreign firms are mainly guided by legal prescriptions, those of their local counterparts are guided mostly by discretionary and social considerations. The socially oriented CSR practices of the local firms are consistent with cultural expectations in Ghana that those with extra resources should support the less privileged members of the society. But the difference in the degree of importance that the two groups of firms attach to discretionary motives for their CSR practices is not statistically significant. The article also discusses the policy, strategy, and research implications of the findings.
American Research Journal of Business and Management, 2019
When we consider human beings history, greatest socio-economic achievements have merely become po... more When we consider human beings history, greatest socio-economic achievements have merely become possible through community participation and group collaborative work starting from the hunting and gathering way of life. In cooperatives, the members join together with a view to enjoy economic advantages by securing the goods and services they need to exist, to carry out their occupation or to run their business. The international representative body for cooperatives, the International Co-operative Alliance, defines a co-operative as: An autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations, through a jointly owned and democratically controlled enterprise (ICA, 1995).
This article reports a comparative study of the key motives underlying corporate social responsib... more This article reports a comparative study of the key motives underlying corporate social responsibility (CSR) practices of foreign and local firms operating in Ghana and the societal as well as business outcomes of these practices. The results show that while the CSR decisions of foreign firms are mainly guided by legal prescriptions, those of their local counterparts are guided mostly by discretionary and social considerations. The socially oriented CSR practices of the local firms are consistent with cultural expectations in Ghana that those with extra resources should support the less privileged members of the society. But the difference in the degree of importance that the two groups of firms attach to discretionary motives for their CSR practices is not statistically significant. The article also discusses the policy, strategy, and research implications of the findings.
American Research Journal of Business and Management, 2019
When we consider human beings history, greatest socio-economic achievements have merely become po... more When we consider human beings history, greatest socio-economic achievements have merely become possible through community participation and group collaborative work starting from the hunting and gathering way of life. In cooperatives, the members join together with a view to enjoy economic advantages by securing the goods and services they need to exist, to carry out their occupation or to run their business. The international representative body for cooperatives, the International Co-operative Alliance, defines a co-operative as: An autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations, through a jointly owned and democratically controlled enterprise (ICA, 1995).
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