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Keywords:
Oil Corporate social responsibility Ethics Angola Jel Codes: M14, L71, D63

Countries and regions:
Angola

Corporate Social Responsibility in the Angolan Oil Industry

Arne Wiig (2005)

Bergen: Chr. Michelsen Institute (CMI Working Paper WP 2005: 8) 29 p.

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.

Publications with same geographic focus:

Book Chapter

Resource curse

Ivar Kolstad (forthcoming) in Vodosek, M. and Hartog, D. v. (eds.): Wiley Encyclopedia of Management, 3rd edition, Volume 6 International Management. West Sussex: John Wiley & Sons

Journal Article (Peer-Reviewed)

Drowning in Oil: Angola's Institutions and the "Resource Curse"

Inge Amundsen (2014) in Comparative Politics vol. 46 no. 2 pp. 169-189

Angola Brief

Angola's Lobito Corridor: From reconstruction to development

Ana Duarte, Regina Santos, Elling N. Tjønneland (2014) Bergen: Chr. Michelsen Institute (Angola Brief vol. 4 no. 5) 4 p.

Publications with similar keywords:

Journal Article (Peer-Reviewed)

Human rights and positive corporate duties: The importance of corporate state interaction

Ivar Kolstad (2012) in Business Ethics: A European Review

Book Chapter

Assigned corporate social responsibility in a rentier state: The case of Angola

Arne Wiig and Ivar Kolstad (2012) in Päivi Lujala and Siri Aas Rustad : High-value natural resources and post-conflict peacebuilding . Oxford: Earthscan pp. 147-154

CMI Working Paper

Why Firms should not always Maximize Profits

Ivar Kolstad (2006) Bergen: Chr. Michelsen Institute (CMI Working Paper WP 2006: 11) 7 p.

Author:

Arne Wiig

Economist whose professional profile and research interests include foreign direct investments and international trade, microcredit, poverty and corporate social responsibility.

By the same author:

CMI
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