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 |
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| Publication status | Published - 5 Sept 2019 |
| Event | British Academy of Management Conference 2019 - Aston University, Birmingham, United Kingdom Duration: 3 Sept 2019 → 5 Sept 2019 https://www.bam.ac.uk/civicrm/event/info?id=3502 |
Conference
| Conference | British Academy of Management Conference 2019 |
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| Abbreviated title | BAM Conference 2019 |
| Country/Territory | United Kingdom |
| City | Birmingham |
| Period | 3/09/19 → 5/09/19 |
| Internet address |