Corporate Governance, Corporate Social Responsibility, and Corporate Sustainability: The Moderating Role of Top Management Commitment

Abstract

Purpose: The objective of this study was to investigate the influence of corporate social responsibility on corporate sustainability with the moderating role of top management. Theoretical Framework: Even though studies have been done within an emerging market context, there has been calls to explore CSR constraints in other geographical areas. This study explores how lack of top management commitment moderates the relationship between CSR and Corporate Sustainability. Design/Methodology/Approach: We used non-probability sampling technique by employing convenience sampling for data collection. By employing a survey questionnaire, data were collected from 397 employees of SMEs in Ghana. The IBM Statistical Package for Social Science (SPSS) version 25.0 and IBM's Analysis of Moments of Structures (AMOS) version 24 softwares packages were employed as analytical tools in this investigation. Findings: 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. Research, Practical & Social implications: Future studies can consider other indicators of corporate governance and assess their influence on the various dimensions of CSR as well as their linkage with Corporate Sustainability. Implications/Originality/Value: 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.

Pengaruh Green Human Resource Management, Green Innovation, Perceived Organizational Support Dan Risk Taking Terhadap Corporate Sustainability

“…Corporate Sustainability adalah salah satu respons organisasi terhadap tantangan baru dari lingkungan eksternal yang bergejolak. Corporate Sustainability mengacu pada strategi dan praktik yang dilakukan oleh Perusahaan yang memberikan manfaat dan nilai jangka panjang bagi seluruh pemangku kepentingan, termasuk pemegang saham, staf, pelanggan dan masyarakat di mana perusahaan menjalankan bisnis (Madanaguli et al, 2022;Schaltegger et al, 2022;Tandoh et al, 2022).…”

Competitive advantage as a mediating variable of corporate social responsibility programs’ effect on SME sustainability

“…This result is in line with the study of Guzmán et al (2016), which explained that providing CSR program assistance to SMEs can increase the sustainability of SMEs. CSR programs significantly affect the sustainability of SMEs (Torugsa et al, 2013) in the various existing dimensions (Tandoh, Duffour, Essandoh, & Amoako, 2022). Ali (2017) stated that CSR programs directly affect organizational performance, although the results are inconsistent in several studies (Tantalo et al, 2012)…”

Total Quality Management and Corporate Social Responsibility Integrated Practices for Higher Education Institutions: Conceptual Framework

“…TQM emphasizes the continuous improvement of organizational operations, enhancing value and productivity to satisfy customer needs (C.-H. Wang, Chen, & Chen, 2012). CSR, on the other hand, entails companies voluntarily integrating social and environmental concerns into their business operations and stakeholder interactions (Tandoh et al, 2022). Both TQM and CSR share the consensus that internal and external stakeholders are key elements in enhancing stakeholder benefits (Benavides-Velasco et al, 2014;Ghobadian, Gallear, & Hopkins, 2007).…”