European Business Review Pub Date : 2022-04-07 , DOI: 10.1108/ebr-03-2021-0057 Albert Danso 1 , Samuel Adomako 2 , Joseph Amankwah-Amoah 3 , Theophilus Lartey 1
Purpose
Building on the upper echelons theory and sustainability orientation (SO) literature, this paper aims to examine the possibility that the relationship between chief executive officers’ (CEOs’) SO and venture growth might be mediated by levels of corporate social responsibility (CSR) implementation.
Design/methodology/approach
The authors used data obtained from 211 new ventures operating in Ghana. Multiple regression analysis was used to test the hypotheses.
Findings
The authors found that CSR implementation mediates the relationship between SO and venture growth. In addition, the authors found that, at higher levels of financial slack, the effect of SO on CSR implementation is attenuated. However, the results show that, at higher levels of CEO power, the influence of SO on CSR implementation is amplified.
Originality/value
To the best of the authors’ knowledge, this study is among the first to examine the mediating role of CSR implementation in the relationship between SO and venture growth and also examines two internal contingency factors (i.e. CEO power and financial slack) on this association.
中文翻译:
可持续发展导向、企业社会责任落实与新企业成长
目的
本文以高层理论和可持续发展导向 (SO) 文献为基础,旨在检验首席执行官 (CEO) 的 SO 与风险增长之间的关系可能受到企业社会责任 (CSR) 实施水平的调节的可能性。 .
设计/方法/方法
作者使用了从在加纳运营的 211 家新企业获得的数据。多元回归分析用于检验假设。
发现
作者发现,企业社会责任的实施在 SO 与风险成长之间的关系中起到了中介作用。此外,作者发现,在财务松弛程度较高的情况下,SO 对 CSR 实施的影响会减弱。然而,结果表明,在 CEO 权力较高的情况下,SO 对 CSR 实施的影响会被放大。
原创性/价值
据作者所知,这项研究是第一个检验企业社会责任实施在 SO 和风险增长之间的关系中的中介作用的研究之一,并且还检验了该关联的两个内部意外因素(即 CEO 权力和财务松弛)。