Corporate Social Responsibility In Morocco: An Empirical Study Of Companies In The Casablanca-Settat Region

Abstract

Objective: The research seeks to examine the causal links between CSR practices, specifically OHS training, and mining companies' performance.

Theoretical Framework: The theoretical framework explores the evolution of CSR, emphasizing its pivotal role in societal well-being. Stakeholder theory underscores the moral duty of companies to respond to diverse stakeholder needs, shaping CSR as a model for ethical and sustainable business practices.

Methodology: Employing an econometric approach, the study scrutinizes the causal connections between CSR variables and overall company performance. OHS training is recognized as a critical CSR component, influencing employees and the broader community. The chosen case study, Managem, ensures a focused analysis of homogeneous sustainability-related data over a decade (2013-2022), providing robust insights into CSR's impact on mining enterprises.

Results and Conclusion:  The Granger causality test reveals that Occupational Health and Safety (OHS) training significantly causes short-term performance in mining companies, emphasizing its crucial role in influencing immediate metrics. However, the reverse causation, where performance influences OHS training, lacks statistical support.

The cointegration test investigates the long-term relationship between OHS training and performance, indicating a lack of cointegration. This suggests an absence of a stable, long-term equilibrium relationship between these variables.

In summary, the study underscores the substantial impact of OHS training on short-term performance in the mining sector. However, it doesn't find robust evidence supporting a stable, long-term relationship between OHS training and overall company performance. These findings contribute to CSR literature and stress the importance of continuous research and strategic considerations for integrating sustainable practices within corporate frameworks.

Research implications: The research finds a significant short-term positive impact of OHS training on company performance. However, it indicates a lack of a stable, long-term relationship between OHS training and overall performance. Implications include the need for continuous CSR research, strategic considerations for mining companies, industry-specific insights, policy considerations, and the importance of balancing short-term gains with long-term sustainability. The study provides a methodological framework for future research in this area.

Originality/Value: This study provides distinct insights by uncovering the immediate impact of Occupational Health and Safety (OHS) training on mining companies' short-term performance. Its novel contribution lies in revealing that there is no enduring, stable relationship between OHS training and overall company performance, adding unique perspectives to CSR literature.