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Title Corporate social responsibility in the Angolan oil industry
Full text http://hdl.handle.net/10202/100
Date 2005
Author(s) Wiig, Arne; Ramalho, Madalena
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.
Subject(s) Oil; Corporate social responsibility; Ethics; Angola; JEL Codes: M14, L71, D63
Language en
Publisher Chr. Michelsen Institute
Relation CMI Working paper; WP 2005: 8
Type of publication Working Paper
Identifier 82-8062-114-8; 0804-3639
Repository Bergen - Christian Michelsen Institute
Added to C-A: 2008-12-22;03:22:20