logo

Corporate Social Responsibility in the Oil and Gas Industry

   

Added on  2020-06-06

9 Pages2393 Words115 Views
Corporate Social Responsibilityin the Oil and Gas Industry

TABLE OF CONTENTSTITLE..............................................................................................................................................1INTRODUCTION...........................................................................................................................1AIM & OBJECTIVES.....................................................................................................................2LITERATURE REVIEW................................................................................................................2Concept of corporate social responsibility..................................................................................2Issues which are faced by company at the time of implementing CSR.......................................3Benefits of CSR...........................................................................................................................3METHODOLOGY..........................................................................................................................3WORK SCHEDULES.....................................................................................................................5REFERENCES................................................................................................................................6

TITLEThe corporate social responsibility in the oil and gas industry – A case study on ASCON OilCompany Ltd, Nigeria. INTRODUCTIONCorporate social responsibility (CSR) are the practices which are performed by organizationin order to reduce environmental effects and improve social welfare. For this, the firm have tofollow some rules and regulations which are made by state government (What is corporatesocial responsibility?, 2017). These practices are also known as corporate citizenship and shortterm cost is associated with this. The financial advantages will not be gained on immediate basisbut positive brand image can be created in the minds of society. Now, business enterprises affectthe environment in negative manner due to their manufacturing and production process. Oil andgas industry enhance the pollution which can affect the health of people. It is also identified thatsome corporations get profits and enhance their revenues after destroying the environment(Schneider and Schmidpeter, 2012). The present field of study is based on ASCON Oil Company Ltd which is established inNigeria and they also offer their services in some other nation. They follow people centricapproach and focused on their management practices so that they will be able to deliver qualityservices to their clients. Now, they are implementing corporate social responsibility so that theirsocial image can be improved at the marketplace as compare to other competitors (Aguinis andGlavas, 2012). Through this, perceptions in the minds of people can be changed to some extentso more consumers will get attracted. By using some methodological tools and techniques it canbe identified that how CSR activities can provide benefits to the organizations and they will beable to achieve success. The research gap can be identified on the basis of different literatures which are conductedby authors in past. In the present field of study, researcher can review past studies so that a basecan be created which will help in accomplishing the objectives (El Ghoul and et.al., 2011). Someauthors identify the advantages which are achieved by CSR and in current study its effectivenesscan be achieved. Research questions: Some questions are there which needs to be solved by investigatorthrough some tools and techniques. These questions are mentioned below:1

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Business Research Method
|20
|3939
|323

Corporate Social Responsibility and Financial Performance of Oil and Gas Companies
|6
|1165
|381

CSR Report: Unethical Issues of Indian Oil Corporation Ltd and Infosys
|11
|3145
|77

CSR correlation with financial performance of UKOG and Cuadrilla plc.
|13
|3326
|400

Investigating the Impact of Inefficiency in Corporate Social Responsibility: A Case Study of Shell, Nigeria
|81
|20291
|133

Corporate social Responsibility : Assignment
|76
|14954
|102