Examining Host Communities' Perceptions on Trust Funds as Corporate Strategies for Community Development in Ghana

In: Journal of Asian and African studies: JAAS, Band 56, Heft 6, S. 1386-1402

Abstract

Mining companies increasingly adopt trusts, foundations, and funds as part of their efforts to obtain and maintain a social license to operate and corporate social responsibility (CSR) strategies for community development. Using qualitative methodology, this article examined host communities' perceptions of two mining company-financed trust funds in Ghana. The interviews revealed that although the community members considered some aspects of the trust funds positively, the trust funds' overall objectives to promote meaningful participation of local community members and contribute to local development had not been met. Inadequate planning and needs assessments, and inflexibility in externally framed CSR practices that were unfavorable to the operational contexts, were among the key factors undermining the success of the trust funds.