« Previous Chapter | Report Home | Next Chapter » A clear business case is vital to generating profit from sustainability. It defines how a given innovation will add business value: companies that profit from sustainability are almost 200% more likely to develop sustainability business cases. The business case is often integral to the company’s [...]

« Previous Chapter | Report Home | Next Chapter » For Sustainability-Driven Innovators, customers are at the center. These companies are 80% more likely to increase collaboration with customers as a result of sustainability than are companies that did not change their business model. They are also much more likely to collaborate with competitors, suppliers [...]

« Previous Chapter | Report Home | Next Chapter » The trends are clear, and the stakes are high. Climate change, demographic shifts and population growth are increasing the sustainability demands placed on businesses. Our research has found that companies need not see these demands as a cost burden nor respond to them with tweaks [...]

Studies done in developed economies have demonstrated a positive relationship between financial resource availability and CSR. Arguments that we term the Institutional Difference Hypothesis (IDH) drawn from the institutional literature, however, suggest that institutional differences between developed and developing economies are likely to result in different CSR implications. Integrating the logic of IDH with insights from slack resources theory, we argue that there exists a negative relationship between financial resource availability and CSR expenditures for firms in Ghana, a sub-Saharan African emerging economy. We use lagged data from the Ghana Investment Promotion Centre and find that Return on Sales, Return on Equity and Net Profitability were consistently associated with lower CSR expenditures. We highlight the implications of our findings for research and managers.