Socially responsible investment practices and implementation approaches: a case study of listed extractive firms in Ghana

We explore the socially responsible investment practices and implementation approaches of some extractive listed firms through the lens of institutional theory. Using an interpretive case study approach with data collected from interviews, observations, and archival documents, over 10 months, we fin...

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Main Authors: Cudjoe, Mawuena Akosua, Abdul Latiff, Ahmed Razman, Abu Kasim, Nor Aziah, Osman, Mohammad Noor Hisham
Format: Article
Published: Informa UK Limited 2023
Online Access:http://psasir.upm.edu.my/id/eprint/108961/
https://www.tandfonline.com/doi/full/10.1080/23311975.2023.2238338
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spelling my.upm.eprints.1089612024-05-27T01:54:21Z http://psasir.upm.edu.my/id/eprint/108961/ Socially responsible investment practices and implementation approaches: a case study of listed extractive firms in Ghana Cudjoe, Mawuena Akosua Abdul Latiff, Ahmed Razman Abu Kasim, Nor Aziah Osman, Mohammad Noor Hisham We explore the socially responsible investment practices and implementation approaches of some extractive listed firms through the lens of institutional theory. Using an interpretive case study approach with data collected from interviews, observations, and archival documents, over 10 months, we find that the SRI practices of the firms were in line with the SDGs. Furthermore, we reveal that the case firms’ choice of practices along the SDGs was because of the government’s drive for SRI practices in line with the SDGs. We also observe that the government-dominated case firm used its SRI practices to augment the developmental activities of the government. Finally, we show that alien to literature, a multinational company implements its SRI practices using the global approach, because of the pressure from its parent company. Our empirical findings possess the rigour expected from qualitative research. The empirical findings are credible, dependable, and confirmable. In ensuring credibility, the interviews were recorded. However, detailed notes were taken of the interviewees who refused to be recorded. The transcribed data were resent to the interviewees to ensure what they said was accurately captured. Recruiting qualified assistants to undertake some interviews, providing in-depth descriptions of the research method and the analysis of the findings from both the intra and cross-case perspective ensured that the findings are dependable. Finally, the use of semi-structured interviews where further clarity was sought when needed makes the empirical findings confirmable. Largely, our findings support the institutional theory, albeit with some deviations. Informa UK Limited 2023-08-09 Article PeerReviewed Cudjoe, Mawuena Akosua and Abdul Latiff, Ahmed Razman and Abu Kasim, Nor Aziah and Osman, Mohammad Noor Hisham (2023) Socially responsible investment practices and implementation approaches: a case study of listed extractive firms in Ghana. Cogent Business & Management, 10 (2). ISSN 2331-1975 https://www.tandfonline.com/doi/full/10.1080/23311975.2023.2238338 10.1080/23311975.2023.2238338
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
description We explore the socially responsible investment practices and implementation approaches of some extractive listed firms through the lens of institutional theory. Using an interpretive case study approach with data collected from interviews, observations, and archival documents, over 10 months, we find that the SRI practices of the firms were in line with the SDGs. Furthermore, we reveal that the case firms’ choice of practices along the SDGs was because of the government’s drive for SRI practices in line with the SDGs. We also observe that the government-dominated case firm used its SRI practices to augment the developmental activities of the government. Finally, we show that alien to literature, a multinational company implements its SRI practices using the global approach, because of the pressure from its parent company. Our empirical findings possess the rigour expected from qualitative research. The empirical findings are credible, dependable, and confirmable. In ensuring credibility, the interviews were recorded. However, detailed notes were taken of the interviewees who refused to be recorded. The transcribed data were resent to the interviewees to ensure what they said was accurately captured. Recruiting qualified assistants to undertake some interviews, providing in-depth descriptions of the research method and the analysis of the findings from both the intra and cross-case perspective ensured that the findings are dependable. Finally, the use of semi-structured interviews where further clarity was sought when needed makes the empirical findings confirmable. Largely, our findings support the institutional theory, albeit with some deviations.
format Article
author Cudjoe, Mawuena Akosua
Abdul Latiff, Ahmed Razman
Abu Kasim, Nor Aziah
Osman, Mohammad Noor Hisham
spellingShingle Cudjoe, Mawuena Akosua
Abdul Latiff, Ahmed Razman
Abu Kasim, Nor Aziah
Osman, Mohammad Noor Hisham
Socially responsible investment practices and implementation approaches: a case study of listed extractive firms in Ghana
author_facet Cudjoe, Mawuena Akosua
Abdul Latiff, Ahmed Razman
Abu Kasim, Nor Aziah
Osman, Mohammad Noor Hisham
author_sort Cudjoe, Mawuena Akosua
title Socially responsible investment practices and implementation approaches: a case study of listed extractive firms in Ghana
title_short Socially responsible investment practices and implementation approaches: a case study of listed extractive firms in Ghana
title_full Socially responsible investment practices and implementation approaches: a case study of listed extractive firms in Ghana
title_fullStr Socially responsible investment practices and implementation approaches: a case study of listed extractive firms in Ghana
title_full_unstemmed Socially responsible investment practices and implementation approaches: a case study of listed extractive firms in Ghana
title_sort socially responsible investment practices and implementation approaches: a case study of listed extractive firms in ghana
publisher Informa UK Limited
publishDate 2023
url http://psasir.upm.edu.my/id/eprint/108961/
https://www.tandfonline.com/doi/full/10.1080/23311975.2023.2238338
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