The impact of Applying Governance Mechanisms on the Practice of Social Responsibility: A field Study on the General Secretariat of the Gulf Cooperation Council
DOI:
https://doi.org/10.71335/nk3k7e35Keywords:
Corporate Governance Mechanisms, Social Responsibility.Abstract
Objectives: This study aimed to analyze the impact of corporate governance mechanisms on corporate social responsibility (CSR) practices at the General Secretariat of the Cooperation Council for the Arab States of the Gulf (GCC), focusing on the dimensions of CSR: an effective governance framework, guaranteeing shareholder rights, equitable treatment of all shareholders, the role of stakeholders, disclosure and transparency, and the responsibilities of the board of directors. The goal was to determine the relationship between the application of CSR and the promotion of CSR.
Methodology: A descriptive-analytical approach was adopted for this study. A simple random sample of 76 senior administrative staff members from the General Secretariat was selected. Data were collected using a structured questionnaire as the primary research instrument and analyzed to assess the level of governance implementation and its relationship with CSR practices.
Results: The findings revealed a high level of implementation of corporate governance dimensions within the Secretariat. It confirmed a statistically significant positive effect of governance mechanisms on enhancing CSR practices. Specifically, the dimensions of shareholder rights protection, equitable treatment, stakeholder engagement, and board responsibilities demonstrated a significant positive impact, whereas the dimensions of having an effective governance framework and disclosure and transparency did not show a statistically significant effect.
Conclusion: The study concluded that strengthening organizational governance frameworks is essential to ensure their integration with CSR practices. Enhancing disclosure and transparency mechanisms and aligning governance practices with the Secretariat’s strategic plans are recommended to sustain institutional performance and reinforce social responsibility within the workplace.
