Corporate Social Responsibility Agreements Model for Community Development: The Case of Golden Star (Bogoso/Prestea) Limited and its Mine Local Community
Keywords:Social Responsibility, Agreements Model, Mining Communities
AbstractIn Ghana, community development is regarded by mine local communities as the most important aspect of Corporate Social Responsibility (CSR), to the extent that often community development is perceived to be a statutory responsibility of mining companies. Consequently, mine local communities demand for more and more, sometimes prohibitively expensive, contributions towards community development. The inability of mining companies to meet all the demands often leads to unsavoury relation between mining companies and their host communities with concomitant adverse effect on mining operations. This constitutes a business risk that needs to be addressed properly by shifting from the earlier practices of making voluntary contributions towards community development to making sustainable community development an integral part of the mining business. This paper presents the evolutionary strategic models, with differing principles and action plans, used by Golden Star (Bogoso/Prestea) Limited (GSBPL) over the years to manage the development of its Bogoso/Prestea Mine Local Community (BPMLC), videlicet from a poor Philanthropic Community Assistance Model (PCAM) to an improved but ineffective Community Driven Assistance Model (CDAM) and eventually to the current effective, successful CSR Agreements Model (CSRAM).Â The paper also highlights the lessons learnt from the negotiation process that led to formulation of the CSRAM as well as the benefits and successes resulting from its implementation and the challenges. It is concluded that mutual understanding, tolerance, transparency, trust, commitment and accountability are key to the successful management of CSR and community development.
Baker, M. (2010), â€œCorporate Social Responsibility â€“ What does it mean?â€, http://www. mallenbaker.net/csr/definition.php, Accessed, 2nd April, 2014.
Davi, K. (1060), â€œCan Business Afford to Ignore its Social Responsibility?â€, California Management Review, pp. 70-76.
Ehsun, P. A., and Mireku-Gyimah, D. (2012), Economic Evaluation of Mineral Projects: A Socio-Environmental and Economic (SEE) Model for Gold Projects, Lambert Academic Publishing, Saarbrucken, 259 pp.
Freemen, R.E. and Liedtka, J. (19991), â€œCorporate Social Responsibility: A Critical Approachâ€, Business Horizons, Vol. 4, pp. 92-98.
Gray, R., Owen, D. and Adams, C. (1996), Accounting and Accountability: Changes and Challenges in Corporate Social and Environmental Reporting, Prentice Hall, London, 344 pp.
Hamil, S. (1999), Corporate Community Involvement: A Case for Regulatory Reformâ€, Business Ethics: A European Review, Vol. 8 (1), pp. 14-25.
Hilson, G. (2006), â€œChampioning the Rhetoric? Corporate Social Responsibility in Ghanaâ€™s Mining Sectorâ€, Greener Management International, Vol. 53, pp. 43-56.
Holme, l. and Watts, R. (2000), Making Good Business Senseâ€, http:www.docstoc.com/docs /376600/making-good-sense, Accessed: April, 2, 2014.
Mireku-Gyimah, D. (2012), â€œMining and Corporate Social Responsibilityâ€, Unpublished Presentation at the Mining Summit, Accra, 45 pp.
Wood, D. J. (1991), â€œCorporate Social Responsibility Revisitedâ€, Academy of Management Review, Vol. 16, pp. 691-718.
Copyright Â© 2021 University of Mines and Technology (UMaT), Tarkwa. Ghana