Abstract:
ABSTRACT
Once transnational oil companies take over concessions of land or sea for their
business, they are usually expected to provide certain socio-economic
mechanisms aimed at cushioning the affected people and communities. The
purpose of the study is to examine the impact of corporate social responsibility
activities of Ghana’s downstream oil companies on sustainable performance.
The study employed the explanatory research design. The Krejcie and Morgan,
(1971) sampling table was used to select 97 companies. A structure
questionnaire was developed and administered. The data was analysed
quantitatively using SPSS version 22. The study found that that the downstream
oil companies mainly practiced the Philanthropic CSR with Ethical, legal and
Economic dimensions of CSR less practiced. The study further disclosed a
positive effect of all the dimensions of CSR and sustainable performance. The
study concludes and recommend among other things that CSR programme
should emphasize on three foci: the vision of the organisation, the community’s
needs, and aspirations.
