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Corporate Social Responsibility in the Angolan Oil Industry

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  • Arne Wiig

Abstract

What are the responsibility of oil companies in resource rich countries? Do they take these responsibilities? Based on a utilitarian perspective and theories of the resource curse, we discuss the oil companies' corporate social responsibility (CSR) when a resource rich country such as Angola lacks accountable public institutions. We also analyse the type of responsibility oil companies take and factors driving corporate social responsibility. From undertaking a survey among oil service firms operating in Angola, we have found that, in practice, policy on the corporate social responsibility of oil companies is mainly driven by economic incentives (it is good for business), rather than by ethical considerations.

Suggested Citation

  • Arne Wiig, 2005. "Corporate Social Responsibility in the Angolan Oil Industry," CMI Working Papers WP 2005: 8, CMI (Chr. Michelsen Institute), Bergen, Norway.
    • Handle: RePEc:chm:wpaper:wp2005-8
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    Cited by:

    1. Marko M. Mihić & Svetlana Shevchenko & Ema D. Gligorijević & Dejan Č. Petrović, 2019. "Towards Strategic Corporate Social Responsibility Approach in International Projects—Review of South-South Cooperation: A Case Study of Chinese Projects in Angola," Sustainability, MDPI, vol. 11(10), pages 1-16, May.
    2. Uwafiokun Idemudia, 2009. "Oil Extraction and Poverty Reduction in the Niger Delta: A Critical Examination of Partnership Initiatives," Journal of Business Ethics, Springer, vol. 90(1), pages 91-116, May.
    3. Heloïse Berkowitz & Marcelo Bucheli & Hervé Dumez, 2017. "Collectively Designing CSR Through Meta-Organizations: A Case Study of the Oil and Gas Industry," Journal of Business Ethics, Springer, vol. 143(4), pages 753-769, July.

    More about this item

    Keywords

    Oil Corporate social responsibility Ethics Angola Jel Codes: M14; L71; D63;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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