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Are extractive ventures more socio-environmentally committed?

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  • Fernandez, Viviana

Abstract

This article analyzes social entrepreneurial initiatives of established and early-stage extractive and non-extractive businesses. Empirical results based on the GEM Adult Population Survey 2015 show that extractive businesses are more likely to engage in social initiatives than non-extractive ones. However, both types of businesses show moderate commitment to social and environmental aspects of social entrepreneurship, such as reinvestment of profits and impact. This evidence lends mild support to the notion of a social license to operate.

Suggested Citation

  • Fernandez, Viviana, 2021. "Are extractive ventures more socio-environmentally committed?," Resources Policy, Elsevier, vol. 74(C).
    • Handle: RePEc:eee:jrpoli:v:74:y:2021:i:c:s0301420721002993
    DOI: 10.1016/j.resourpol.2021.102288
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    2. Balci, Mehmet & Kumral, Mustafa, 2022. "Building an innovation strategy and culture on the structural characteristics of the mining industries," Resources Policy, Elsevier, vol. 78(C).

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    More about this item

    Keywords

    Social entrepreneurship; Extractive sector; Social license to operate; Generalized structural equation modeling;
    All these keywords.

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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