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Towards a Framework for Integrating and Evaluating Corporate Social Investments in Extractive Sector Business Operations in Sub-Saharan Africa

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  • Theophilus Jong Yungong

    (Department of Political Science and Comparative Politics, University of Buea – Cameroon)

Abstract

This paper sets out to suggest a framework for integrating and evaluating extractive sector Corporate Social Investments (CSI) in the business operations of extractive firms in Sub-Saharan Africa. It designates CSI as voluntary programs that aim to enhance development opportunities for host countries and communities to extractive firms in the region. The underlying premise of this paper is that CSI interventions are often claimed to be developmental but there is neither a straight link between CSI and development nor guarantees that this can be achieved in ways considered just, balanced and sustainable. It, therefore, suggests that the extent to which CSI can deliver on development opportunities will depend on the way it is structured, effectively integrated into the business operations of firms and monitored for intended results. The bone of contention therefore is on how to determine development-oriented CSI. To address this concern, this paper develops the front and backend activities approach to integrating CSI in the business operation of firms and evaluating its developmental impact on the target communities. This framework builds on existing literature and the novel concepts of CSI applicability and CSI effectiveness. It also introduces the notion of results-based CSI. This is not only in terms of inputs and activities, but most importantly, in terms of outcomes and impact of CSI interventions.

Suggested Citation

  • Theophilus Jong Yungong, 2020. "Towards a Framework for Integrating and Evaluating Corporate Social Investments in Extractive Sector Business Operations in Sub-Saharan Africa," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 4(12), pages 312-322, December.
    • Handle: RePEc:bcp:journl:v:4:y:2020:i:12:p:312-322
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    References listed on IDEAS

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