Acceso usuarios
Kwame Duffour
Purpose: Today's businesses have moved beyond the traditional view of profit maximization, and now focus on organizations' contributions to society and the environment, which has resulted in the emergence of corporate social responsibility and corporate sustainability. This study, therefore, investigates the influence of corporate social responsibility on corporate sustainability with the mediating role of corporate governance.
Design/Methodology/Approach: By employing a survey questionnaire, data were collected from 397 employees of SMEs in Ghana. Data were analysed via structural equation modelling using Amos 24.
Findings: The findings indicated a mixed relationship between the various corporate governance indices and the dimensions of corporate social responsibility. Board composition, the board size, institutional ownership, and CEO- Chair duality had varying influences on economic, environmental, and social dimensions of corporate social responsibility. The moderating role of top management commitment was confirmed for the relationship between the environmental dimension of corporate social responsibility and corporate sustainability.
Implications/Originality/Value: These results have important implications for theory and practice. It’s concluded that corporate governance systems exhibit varying interactions with corporate social responsibility dimensions which may be due to changes in the national and institutional framework as well as economic conditions and the type of industry.
