Template-Type: ReDIF-Paper 1.0



Author-Name: Arne Wiig 

Title: Corporate Social Responsibility in the Angolan Oil Industry

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.



Length: 29 pages

Creation-Date: 2005 

File-URL: https://www.cmi.no/publications/file/1990-corporate-social-responsibility-in-the-angolan-oil.pdf



File-Format: Application/pdf

Number: WP 2005: 8

Keywords: Oil

Corporate social responsibility

Ethics

Angola

Jel Codes: M14, L71, D63

Classification-JEL: 



Handle: RePEc:chm:wpaper:wp2005-8