Ways of development of social responsibility of Asian oil companies in Africa

Pavlov E.L.1
1 Институт Африки Российской академии наук, Russia

 Download PDF | Downloads: 36 | Citations: 6

Journal paper

Journal of International Economic Affairs (РИНЦ, ВАК)
опубликовать статью | оформить подписку

Volume 9, Number 3 (July-September 2019)

Citation:

Pavlov, E. L. (2019). Ways of development of social responsibility of Asian oil companies in Africa. Journal of International Economic Affairs, 9(3), 1507-1518. https://doi.org/10.18334/eo.9.3.40701

Indexed in Russian Science Citation Index: https://elibrary.ru/item.asp?id=41243626
Cited: 6 by 07.12.2023

Abstract:
The purpose of the article is to analyze the features of corporate social responsibility (CSR) of the petrochemical industry in African countries, including Nigeria, using the example of the Chinese petrochemical company Sinopec and other companies in the industry. The reasons for the interest of Chinese MNEs in Africa are analyzed, and the principles for implementing CSR projects by Sinopec and its subsidiary in Nigeria are investigated. The article analyzes the main problems of implementing the concept of CSR of the company under study and considers promising areas of development. As relevant areas of development, we can note the increased interaction of oil companies with local businesses in the implementation of social initiatives and the transition to new non-financial reporting formats.

Keywords: corruption, corporate social responsibility (CSR), Nigeria, multinational enterprises (MNEs), Sinopec

JEL-classification: M14, N50, N57

Похожие статьи:

   Opportunities, limitations and probable threats to the sustainable development of high-tech companies in the Asian region due to the out-of-control of artificial intelligence and neural networks (Широковских С.А.) Journal of Central Asia Economy. Num. 4 / 2020

   Innovative experience of using artificial intelligence technologies by Asian countries to ensure tax security: a comparative analysis (Деева Т.В.) Journal of Central Asia Economy. Num. 1 / 2018

References:

Ahmed Musa, Yahaya Yusuf, Louise McArdle and Gbemisola Banjoko (2013). Corporate social responsibility in Nigeria’s oil and gas industry: the perspective of the industry International Journal of Process Management and Benchmarking. (2). 56-64.
Kivarina M.V. (2014). Korporativnaya sotsialnaya otvetstvennost [Corporate social responsibility]. Economic Journal. (4(36)). 59-64. (in Russian).
Korobchenko A. (2018). Maslyanyy biznes «Gazprom nefti» rasshiryaet geografiyu prodazh v Afrike [The oil business "Gazprom oil" expands the geography of sales in Africa]. Sibirskaya neft. (6(153)). 52-53. (in Russian).
Our core values – Официальный сайт компании Sinopec. Retrieved March 29, 19, from http://www.sinopec.com/listco/en/csr/pdf/zlkj.shtml
Petrova Yu.I., Krivtsova M.K. (2013). Zarubezhnyy opyt korporativnogo upravleniya v neftegazovom komplekse [Foreign experience of corporate management in oil and gas complex]. Vestnik Universiteta (State University of management). (21). 92-96. (in Russian).
Tsutsieva O.T., Gobozova A.Z. (2013). Sravnitelnyy analiz modeley korporativnoy sotsialnoy otvetstvennosti [Comparative analysis model of corporate social responsibility]. International Research Journal. (6-2(13)). 91-96. (in Russian).
Ежегодный отчет 2017Sinopec. (in Russian). Retrieved March 31, 19, from http://www.sinopecgroup.com/group/shzr/zxdt/20190226
Нигерийский плацдармЭксперт. (in Russian). Retrieved March 28, 19, from http://expert.ru/expert/2010/05/nigeriyskiy_placdarm
Проект «Многообразие демократии»/ официальный сайт. (in Russian). Retrieved March 30, 19, from https://www.v-dem.net/en/analysis/CountryGraph
Социальный отчет компании “Sinopec” 2016Sinopecgroup. (in Russian). Retrieved March 31, 19, from http://www.sinopecgroup.com/group/shzr/hksh
Теневая экономика Африки достигает 40% ВВПЭкономика. (in Russian). Retrieved March 30, 19, from https://www.vestifinance.ru/articles/85398

Смотрите также:

   Problems of social and economic adaptation of the population to the conditions of global climate change: approaches and solutions (Шеломенцев А.Г., Гончарова К.С.) Food Policy and Security. Num. 4 / 2022

  Formation and management of public-private partnership in India (Иванова А.О.) Num. 1 / 2017

   The realities and prospects of protecting the property interests of foreign organizations in the agricultural sector of the economy (Коваленко А.И., Светлаков А.Г.) Creative Economy. Num. 3 / 2021

   High technologies for ensuring the economic security of commercial banks in the context of the transition to Industry 4.0: the Asian region experience (Ештокин С.В.) Journal of Central Asia Economy. Num. 3 / 2020

   Central Asian transport system: joint coordination initiatives, challenges and solutions (Зохидов А.А.) Journal of Central Asia Economy. Num. 3 / 2020

Страница обновлена: 18.05.2025 в 04:43:05