[PDF] Can The Law Assist Corporate Social Responsibility To Deliver Sustainable Development To The Niger Delta eBook

Author : Ini Etim Usoroh
Publisher :
Page : pages
File Size : 33,98 MB
Release : 2011
Category :
ISBN :

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Corporate social responsibility (CSR) involves striving for balance between environmental, social and economic performances of business. Encouraged by growing pressure for transparency and accountability in business, CSR constitutes an overall contribution of business to sustainable development; hence, healthy business requires a healthy community. The research asks if the law can assist CSR to deliver sustainable development to the underdeveloped but oil-rich Niger Delta, establishing areas of good practice whereby oil companies support the region's economy and social needs through their CSR activities. However, regulations do bring about social change thus business are obliged to obey the laws, codes of good practice and initiatives. Although CSR is not business' primary responsibilities, business can encourage poverty reduction and societal development. The analysis of Nigerian oil production laws reveals that court interpretations regarding rising number of oil-related litigations and procedures of settlements, neglects of oil commuities and compensation payments have become difficult. While the outcomes of Joint Venture Arrangement (JVAs) crucially affect CSR performance, the need for reforms is necessary. Using the Triple Bottom Line (TBL) criteria, the analysis of Shell Petroleum Development Corporation (SPDC)'s CSR performance in Nigeria reveals that while improvements are needed in some areas including envitonmental and human rights protections, consultation and dialogue, overall, the research shows that the company positively affects the region. The research establishes that through effective enforcement, the law can assist CSR to deliver sustainable societal development. It is concluded that until CSR is made compulsory supported by legislations to guide businesses, the full gains of CSR cannot be achieved. Hence, the research offers a detailed novel definition of CSR to make businesses become more liable as the existing model allows them to act voluntarily. Using novel models, the research demonstrates how sustainable development can be attained through CSR and considering compulsory legislations, enforcement, compliance, stakeholders' integration, consultation, dialoge and prolific partnerships. The research also offers Government Social Responsibility (GSR), a concept to further governments' commitments to their citizens.

Author : Roberto Cui
Publisher : GRIN Verlag
Page : 73 pages
File Size : 20,41 MB
Release : 2014-10-20
Category : Law
ISBN : 3656817383

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Master's Thesis from the year 2014 in the subject Law - Miscellaneous, grade: 1C, University of Stirling (School of Arts and Humanities - Division of Law and Philosophy), course: LLM International Energy Law and Policy, language: English, abstract: Decades of irresponsible oil exploitation in the Niger Delta have caused a water and air pollution which does not have many comparisons anywhere else. In an already fragile country as Nigeria, characterised by weak democratic institutions and poor economic governance, this situation has led to increasing discontent and violence towards both the government and the oil multinationals. These two actors co-operate for the maximisation of oil profits and revenues while, at the same time, excluding local host communities from the participation in the oil development projects, preventing them to achieve a sustainable development, violating their Human Rights, and compromising their livelihoods. This paper analyses the legal framework of Nigeria in the oil sector and the peculiarities of the country in order to provide a critical overview of the issues, demonstrating that the amendment of the domestic Acts dealing with the topic, as well as the remediation to the damages caused by the oil multinationals, are no longer deferrable. The final aim is to suggest a pattern to sustainable oil development which, by means of applying the concepts of Corporate Social Responsibility, would help to quell the conflict, to improve the standards of life of local people, and to make Nigeria emerge as a socio-environmentally responsible African resource-rich country.

Author : Patricia Park
Publisher : Routledge
Page : 178 pages
File Size : 18,33 MB
Release : 2016-04-28
Category : Business & Economics
ISBN : 1317658477

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What kind of decision-making should multinationals engage in to create a sustainable company? There is substantial debate over why CEOs, senior management and Boards of Directors make the wrong decisions by not asking the right questions, with the result that not only is the company itself damaged, but all of the stakeholders find themselves at a detriment. Focusing on innovation, technology transfer and the use of intangible assets, Energy Law and the Sustainable Company features case studies from the oil and gas sector, to illustrate how to develop a sustainable business. Considering corporate social responsibility from the perspective of international and national law, the book demonstrates how companies can be both profitable and ethical using the influences of psychology to encourage senior decision makers to make the right decisions. It was revealed that reputation was the main principle influencing decision-making. The book also discusses how companies have reported on their sustainability strategy and considers how technology transfer and intangible assets may play a part in addressing global sustainability. This book should be invaluable reading to students and scholars of Sustainable Business, Business Law, Corporate Social Responsibility, Environmental and Energy Law as well as Environmental and Energy Management.

Author : Dhirendra K. Vajpeyi
Publisher : Lexington Books
Page : 369 pages
File Size : 47,4 MB
Release : 2015-12-24
Category : Political Science
ISBN : 1498518354

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Corporate Social Responsibility and Sustainable Development in Emerging Economies is an anthology of seven case studies plus two theoretical chapters in a comparative context. It analyzes issues related to the rise of multinational corporations, their immense economic and political influence in a globalized world, and their social responsibility/corporate citizenship. Corporate social responsibility is closely examined in terms of meeting the challenges of the widening gap between rich and poor, relationships with sovereign states, environmental degradation, exploitation of natural resources, labor practices, and human rights issues in societies in which multinational corporations operate. Are these corporations exempt from social roles and accountable to only their shareholders (the minimalist position propounded by economists such as Milton Friedman ), or do they also have ethical and social responsibilities to participate in improving the quality of human lives in impoverished societies in Africa , Asia and Latin America?

Author : Bruce L. Professor Hay
Publisher : Routledge
Page : 220 pages
File Size : 27,14 MB
Release : 2010-09-30
Category : Business & Economics
ISBN : 1136526838

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Everyone agrees that firms should obey the law. But beyond what the law requires-beyond bare compliance with regulations-do firms have additional social responsibilities to commit resources voluntarily to environmental protection? How should we think about firms sacrificing profits in the social interest? Are they permitted to do so, given their fiduciary responsibilities to their shareholders? Even if permissible, is the practice sustainable, or will the competitive marketplace render such efforts and their impacts transient at best? Furthermore, is the practice, however well intended, an efficient use of social and economic resources? And, as an empirical matter, to what extent do firms already behave this way? Until now, public discussion has generated more heat than light on both the normative and positive questions surrounding corporate social responsibility (CSR) in the environmental realm. In Environmental Protection and the Social Responsibility of Firms, some of the nation‘s leading scholars in law, economics, and business examine commonly accepted assumptions at the heart of current debates on corporate social responsibility and provide a foundation for future research and policymaking.

Author : Roberto Cui
Publisher : diplom.de
Page : 65 pages
File Size : 44,67 MB
Release : 2015-02-01
Category : Political Science
ISBN : 3954898691

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Decades of irresponsible oil exploitation in the Niger Delta have caused a water and air pollution which does not have many comparisons anywhere else. In an already fragile country as Nigeria, characterised by weak democratic institutions and poor economic governance, this situation has led to increasing discontent and violence towards both the government and the oil multinationals. These two actors co-operate for the maximisation of oil profits and revenues while, at the same time, excluding local host communities from the participation in the oil development projects, preventing them from achieving a sustainable development, violating their human rights, and compromising their livelihoods. This book analyses the legal framework of Nigeria in the oil sector and the peculiarities of the country in order to provide a critical overview of the issues, demonstrating that the amendment of the domestic Acts dealing with the topic, as well as the remediation to the damages caused by oil multinationals, are no longer deferrable. The final aim is to suggest a pattern to sustainable oil development which, by means of applying the concepts of Corporate Social Responsibility, would help to quell the conflict, to improve the local people’s standards of life, and to make Nigeria emerge as a socio-environmentally responsible African resource-rich country.

Author : Okechukwu Ukaga
Publisher : Routledge
Page : 192 pages
File Size : 47,13 MB
Release : 2012
Category : Business & Economics
ISBN : 0415806917

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The Niger Delta Region has in the past two decades experienced protracted violent conflicts. At the roots of these violent conflicts are the genuine quests of the people for sustainable development that is based on social justice, equity, fairness and environmental protection. Although richly endowed, the region is hopelessly poor. This paradox of poverty in the midst of plenty has been attributed to a myriad of factors ranging from Nigeria's centralized federalism, to ethno-regional domination, corruption, poor governance, and oil-related environmental degradation. Development in the Niger Delta is vital not only to the stability and prosperity of Nigeria, but also to global energy security. This book provides unique insights into the challenges of development and peace building in the Niger Delta, and insights into other resource-rich but poverty-stricken, conflict-prone regions of the world.

Author : Aurora Voiculescu
Publisher : Zed Books Ltd.
Page : 342 pages
File Size : 48,1 MB
Release : 2011-01-13
Category : Business & Economics
ISBN : 1848138652

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In a time when multinational corporations have become truly globalised, demands for global standards on their behaviour are increasingly difficult to dismiss. Work conditions in sweatshops, widespread destruction of the environment, and pharmaceutical trials in third world countries are only the tip of the iceberg. This timely collection of essays addresses the interface between the calls for corporate social responsibility (CSR) and the demands for an extension of international human rights standards. Scholars from a vast variety of backgrounds provide expert yet accessible accounts of questions of law, politics, economics and international relations and how they relate to one another, while also encouraging non-legal perspectives on how businesses operate within and around human rights. The result is an essential incursion for a wide range of scholars, practitioners and students in law, development, business studies and international studies, in this emerging area of human rights.