Corporate Social Responsibility in the Angolan Oil Industry

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Corporate Social Responsibility in the Angolan Oil Industry

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Arne Wiig

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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.

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Paper provided by CMI (Chr. Michelsen Institute), Bergen, Norway in its series CMI Working Papers with number WP 2005: 8.

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Length: 29 pages
Date of creation: 2005
Date of revision:
Handle: RePEc:chm:wpaper:wp2005-8

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This paper has been announced in the following NEP Reports:

NEP-ALL-2006-03-05 (All new papers)
NEP-ENE-2006-03-05 (Energy Economics)
NEP-SOC-2006-03-05 (Social Norms & Social Capital)

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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. [Downloadable!] (restricted)
Odd-Helge Fjeldstad, 2005. "Corruption in Tax Administration: Lessons from Institutional Reforms in Uganda," CMI Working Papers WP 2005: 10, CMI (Chr. Michelsen Institute), Bergen, Norway. [Downloadable!]
Odd-Helge Fjeldstad & Ivar Kolstad & Knut Nygaard, 2006. "Bribes, taxes and regulations: Business constraints for micro enterprises in Tanzania," CMI Working Papers WP 2006: 2, CMI (Chr. Michelsen Institute), Bergen, Norway. [Downloadable!]
Espen Villanger, 2006. "Is bonded labor voluntary? A framework against forced work," CMI Working Papers WP 2006: 7, CMI (Chr. Michelsen Institute), Bergen, Norway. [Downloadable!]
Tina Søreide, 2006. "Is it wrong to rank? A critical assessment of corruption indices," CMI Working Papers WP 2006: 1, CMI (Chr. Michelsen Institute), Bergen, Norway. [Downloadable!]

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