scholarly journals Corporate Social Responsibility and Societal Governance: Lessons from Transparency in the Oil and Gas Sector

2010 ◽  
Vol 93 (S2) ◽  
pp. 163-179 ◽  
Author(s):  
Jędrzej George Frynas
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Oil And Gas ◽  
Corporate Social ◽  
Oil And Gas Sector

scholarly journals Исследование закономерностей развития корпоративной социальной ответственности в России на основе специализированного рейтинга

2020 ◽  
pp. 150-159
Author(s):  
Иделя Бадыкова
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Oil And Gas ◽  
Negative Impact ◽  
Socially Responsible ◽  
Public Companies ◽  
Significant Negative Impact ◽  
Corporate Social ◽  
Oil And Gas Sector ◽  
Disclosure Rate

Целью данного исследования выступает изучение тенден- ций, связанных с уровнем социальной ответственности российских компаний. Для решения поставленных задач использована авторская методика составления рейтинга раскрытия информации о корпоративной социальной от- ветственности. Полученные результаты свидетельству- ют о том, что в целом компании из выборочной совокупно- сти раскрывают около 75% рассматриваемых критериев. При этом лидеры рейтинга представлены большей частью секторами добычи и переработки нефти и газа, химиче- ской промышленности и электроэнергетики, что может свидетельствовать об их стремлении отчасти компенси- ровать наносимый обществу и экологии вред. As part of the research a specialized rating of the corporate social responsibility was compiled based on the author’s methodology. Data was collected for the sample of 106 Russian public companies in the non-financial sector. On average, the disclosure rate of all indicators is as high as 75%. The most responsible companies, disclosing information on 25 to 27 out of 27criteria, were identified to form the list of 29 companies. Most of them appear to belong to oil and gas sector, chemical and energy industries. One of the possible explanations for that trend is that these areas tend to attract negative attention of the society. Accordingly, it can be assumed that the companies from the mentioned sectors act reasonably to compensate for their negative impact on the environment and society. It should also be noted that the companies represented by these sectors are usually large and have sufficient resources. According to the inadequate resources theory, companies participate in socially responsible projects when they have the resources to do so. However, this theory is relevant for the emerging markets, while stakeholder and signaling theories are more equitable for leading economies. The companies included into the sample show the highest level of the environmental impact disclosure, which may be explained by the fact that most of the companies are industrial with significant negative impact on the environment. In general, this study is a subject to a number of disadvantages. Firstly, the sample was quite small. Accordingly, the conclusions presented may be somewhat skewed and limited. Secondly, econometric models should be used. to present more reasonable results. That is planned to be the next stage of the research. Nevertheless, in our opinion, in general, the results obtained reflect the main trends in the development of the corporate social responsibility in Russia.

scholarly journals CORPORATE SOCIAL RESPONSIBILITY AS A KEY OF STABLE DEVELOPMENT: ANALYSIS OF THE ENTERPRISES OF OIL AND GAS INDUSTRY

2018 ◽  
pp. 145-154
Author(s):  
Yevhen Ionin ◽  
Liliia Tarasenko
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Social Needs ◽  
Socially Responsible ◽  
Gas Industry ◽  
Modern Development ◽  
Business Entities ◽  
Corporate Social

Social responsibility of business takes a special place in the terms of modern development strategy of the economy of Ukraine. This responsibility suggests such direction of the enterprise activity, which takes into account not only the personal interests of the company, but also the needs of society. The continuation of European integration processes, the exit of companies into international markets require from the business entities appropriate openness and transparency, coverage of the goals of achieving the goal of the enterprise, the tools at which such a goal is achieved. The multidimensional nature of links, which are arising during the operational activity, leads to the existence of significant impact on the internal and external environment of the enterprise. Issues of corporate social responsibility of public-interest enterprises, which, in particular, are part of the oil and gas industry, are of particular relevance. The article analyses the current state of carrying out socially responsible activity at foreign and domestic enterprises of the oil and gas industry. The components of corporate social responsibility and their impact on the enterprise` functioning and on satisfaction of social needs are investigated. The socially responsible activity has positive nature, however, at the same time, there are certain barriers of the strategy` implementation within the framework of the mentioned activity, among which financing is a key issue that requires the enterprise to properly plan and analyse the costs of socially responsible doing business. The need for planning and evaluating corporate social responsibility programs is highlighted in the article. Using the example of gas transportation enterprise, the SWOT-analysis as an instrument of obtaining information for justified decision-making is reviewed.

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