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Exploring the potential benefits of Asian participation in the Extractive Industries Transparency Initiative: The case of China

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  • Liliane C. Mouan

Abstract

This paper is not intended as an empirical assessment of the benefits of the Extractive Industries Transparency Initiative (EITI). It is, rather, an evaluation of the theoretical presumptions that underpin the discussion about its benefits for Asian economies in general, and China in particular. The paper finds that, despite its well meaning objectives, the EITI might be of limited value for China and its Asian peers, not only because it faces general problems about legitimacy in non‐Western circles, as do most Western‐led multi‐stakeholder partnerships, but also because the principles or values that it promotes are not aligned with China's culture, philosophy and business interests. The paper concludes with suggestions on how a stronger ‘business case’ for China's participation can be made. Copyright © 2010 John Wiley & Sons, Ltd and ERP Environment.

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  • Liliane C. Mouan, 2010. "Exploring the potential benefits of Asian participation in the Extractive Industries Transparency Initiative: The case of China," Business Strategy and the Environment, Wiley Blackwell, vol. 19(6), pages 367-376, September.
    • Handle: RePEc:bla:bstrat:v:19:y:2010:i:6:p:367-376
    DOI: 10.1002/bse.687
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    References listed on IDEAS

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    1. Kolstad, Ivar & Wiig, Arne & Williams, Aled, 2009. "Mission improbable: Does petroleum-related aid address the resource curse?," Energy Policy, Elsevier, vol. 37(3), pages 954-965, March.
    2. Sarah Bracking, 2009. "Hiding Conflict over Industry Returns: A Stakeholder Analysis of the Extractive Industries Transparency Initiative," Global Development Institute Working Paper Series 9109, GDI, The University of Manchester.
    3. Pereira de Carvalho, Flavia & Goldstein, Andrea, 2008. "The making of national giants: technology and governments shaping the international expansion of oil companies from Brazil and China," MERIT Working Papers 2008-021, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    4. Dilan Ölcer, 2009. "Extracting the Maximum from the EITI," OECD Development Centre Working Papers 276, OECD Publishing.
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    1. Sovacool, Benjamin K. & Walter, Götz & Van de Graaf, Thijs & Andrews, Nathan, 2016. "Energy Governance, Transnational Rules, and the Resource Curse: Exploring the Effectiveness of the Extractive Industries Transparency Initiative (EITI)," World Development, Elsevier, vol. 83(C), pages 179-192.
    2. Schuler Douglas A., 2012. "A club theory approach to voluntary social programs: Multinational companies and the extractive industries transparency initiative," Business and Politics, De Gruyter, vol. 14(3), pages 1-24, October.
    3. Sovacool, Benjamin K. & Andrews, Nathan, 2015. "Does transparency matter? Evaluating the governance impacts of the Extractive Industries Transparency Initiative (EITI) in Azerbaijan and Liberia," Resources Policy, Elsevier, vol. 45(C), pages 183-192.
    4. Tassilo Schuster & Dirk Holtbrügge, 2014. "Benefits of Cross‐sector Partnerships in Markets at the Base of the Pyramid," Business Strategy and the Environment, Wiley Blackwell, vol. 23(3), pages 188-203, March.
    5. Raimund Bleischwitz, 2014. "Transparency in the Extractive Industries: Time to Ask for More," Global Environmental Politics, MIT Press, vol. 14(4), pages 1-9, November.
    6. 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.

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