The false developmental promise of corporate social responsibility: evidence from multinational oil companies

Frynas, Jedrzej George (2005) The false developmental promise of corporate social responsibility: evidence from multinational oil companies. International Affairs, 81 (3). pp. 581-598. ISSN 0020-5850

Full text is not in this repository.

Official URL: http://tinyurl.com/yzalhgh

This item is available in the Library Catalogue

Abstract

Using the example of multinational oil companies, this article suggests that there are fundamental problems surrounding the capacity of private firms to deliver development and the aspiration of achieving development through Corporate Social Responsibility (CSR) may be fundamentally flawed. The article is based on an extensive twelve-month research project on the Gulf of Guinea region funded by the Nuffield Foundation. This research identified a number of constraints to a developmental role for CSR: the subservience of CSR schemes to corporate objectives; country- and context-specific issues; the failure to involve the beneficiaries of CSR; the lack of human resources; technical/managerial approaches of company staff and the lack of CSR's integration into larger development plans. But even if private companies were able to overcome practical problems, it argues that the current CSR agenda fails to address the crucial issues of governance and the negative macro-level effects that multinational companies cause in host countries. The article concludes by suggesting that a focus on CSR may divert attention from broader political, economic and social solutions for developmental problems.

Item Type:Article
Research Areas:Business School > Leadership, Work and Organisations
Citations on ISI Web of Science:55
ID Code:946
Useful Links:
Deposited On:05 Feb 2009 16:49
Last Modified:12 May 2014 15:41

Repository staff and depositor only: item control page

Full text downloads (NB count will be zero if no full text documents are attached to the record)

Downloads per month over the past year