Abstract
Mining companies in Ghana seem to have responded somehow over the years to the Corporate Social Responsibility (CSR) call but some still face open resistance from members of the communities who see them (mining companies) as socially irresponsible. The research sought to unearth the views and concerns of the local communities about the CSR activities of mining companies in the Ashanti, Eastern and Western regions of Ghana. The sample was drawn from the catchment communities of gold mining companies who had commercial membership, level A, with the Ghana Chamber of mines. The research established that there was indeed the existence of some health, education, community aid, and livelihood related CSR activities in the communities. The research revealed that most people, especially, in the Eastern region and the Western region had concerns about the lack of frequent medical screening by the mining companies. They are of the view that the operations of the mining companies have a negative effect on them (local community). The research concluded with some recommendations on how local community concerns could be addressed.
Highlights
The practical implications of Corporate Social Responsibility (CSR) have received much attention [1]-[5]
The primary way in which businesses are assessed by potential investors is through perceived corporate social performance (CSP); this indicator measures the ability of firms to meet or exceed the expectations of various stakeholder groups on important social issues [6]
The research is descriptive in nature and employs the survey method in assessing the views and concerns of local communities about CSR activities of mining companies operating in their communities
Summary
The practical implications of Corporate Social Responsibility (CSR) have received much attention [1]-[5]. Research suggests that corporate social responsibility represents a differentiating factor that may be used success-. Proponents of this position believe that investors interested in using their decisions to effect social change are substantial in size and buying power. These investors are likely to frame their evaluations of alternative products or stock offerings within the context of the parent companies’ alignment with their beliefs [1]. The primary way in which businesses are assessed by potential investors is through perceived corporate social performance (CSP); this indicator measures the ability of firms to meet or exceed the expectations of various stakeholder groups on important social issues [6]
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