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Please use this identifier to cite or link to this item: http://hdl.handle.net/10202/100

Title: Corporate social responsibility in the Angolan oil industry
Authors: Wiig, Arne
Ramalho, Madalena
Keywords: Oil
Corporate social responsibility
Ethics
Angola
JEL Codes: M14, L71, D63
Issue Date: 2005
Publisher: Chr. Michelsen Institute
Series/Report no.: CMI Working paper
WP 2005: 8
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.
URI: http://hdl.handle.net/10202/100
ISBN: 82-8062-114-8
ISSN: 0804-3639
Appears in Collections:CMI Collection (Reports, Working Papers, Articles etc.)

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