Exploring power imbalance and stakeholder social responsibility within the Nigerian oil and gas industry

Alim Abubakre; D Baden; I. A. Harwood

Exploring power imbalance and stakeholder social responsibility within the Nigerian oil and gas industry

Alim Abubakre, D Baden, I. A. Harwood

School of Strategy and Leadership

Research output: Contribution to conference › Paper › peer-review

Abstract

This paper adopts a societal view of stakeholder theory and considers the firm as a stakeholder in the upstream sector of Nigeria’s oil and gas industry. Key themes emerging from 75 interviews with industry stakeholders were ‘historical hangover’ and ‘stakeholder social ir/responsibility’. Historical hangover articulates how historical legacies of the multinational oil companies’ (MNOCs) home countries strengthen the influence of MNOCs in Nigeria; leading to a power imbalance between MNOCs and other stakeholders such as local communities. The power imbalance also arises as a consequence of the developing country context which lacks the regulatory framework present in more developed countries.

Original language	English
Publication status	Published - 5 Sep 2019
Event	British Academy of Management Conference 2019 - Aston University, Birmingham, United Kingdom Duration: 3 Sep 2019 → 5 Sep 2019 https://www.bam.ac.uk/civicrm/event/info?id=3502

Conference

Conference	British Academy of Management Conference 2019
Abbreviated title	BAM2019
Country	United Kingdom
City	Birmingham
Period	3/09/19 → 5/09/19
Internet address	https://www.bam.ac.uk/civicrm/event/info?id=3502

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Cite this

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title = "Exploring power imbalance and stakeholder social responsibility within the Nigerian oil and gas industry",

abstract = "This paper adopts a societal view of stakeholder theory and considers the firm as a stakeholder in the upstream sector of Nigeria{\textquoteright}s oil and gas industry. Key themes emerging from 75 interviews with industry stakeholders were {\textquoteleft}historical hangover{\textquoteright} and {\textquoteleft}stakeholder social ir/responsibility{\textquoteright}. Historical hangover articulates how historical legacies of the multinational oil companies{\textquoteright} (MNOCs) home countries strengthen the influence of MNOCs in Nigeria; leading to a power imbalance between MNOCs and other stakeholders such as local communities. The power imbalance also arises as a consequence of the developing country context which lacks the regulatory framework present in more developed countries.",

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N2 - This paper adopts a societal view of stakeholder theory and considers the firm as a stakeholder in the upstream sector of Nigeria’s oil and gas industry. Key themes emerging from 75 interviews with industry stakeholders were ‘historical hangover’ and ‘stakeholder social ir/responsibility’. Historical hangover articulates how historical legacies of the multinational oil companies’ (MNOCs) home countries strengthen the influence of MNOCs in Nigeria; leading to a power imbalance between MNOCs and other stakeholders such as local communities. The power imbalance also arises as a consequence of the developing country context which lacks the regulatory framework present in more developed countries.

AB - This paper adopts a societal view of stakeholder theory and considers the firm as a stakeholder in the upstream sector of Nigeria’s oil and gas industry. Key themes emerging from 75 interviews with industry stakeholders were ‘historical hangover’ and ‘stakeholder social ir/responsibility’. Historical hangover articulates how historical legacies of the multinational oil companies’ (MNOCs) home countries strengthen the influence of MNOCs in Nigeria; leading to a power imbalance between MNOCs and other stakeholders such as local communities. The power imbalance also arises as a consequence of the developing country context which lacks the regulatory framework present in more developed countries.

M3 - Paper

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Y2 - 3 September 2019 through 5 September 2019

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