Open Journal of Business and Management

Volume 10, Issue 3 (May 2022)

ISSN Print: 2329-3284   ISSN Online: 2329-3292

Google-based Impact Factor: 1.13  Citations  

Sustainability Practices of Oil Firms in Niger Delta Region—Institutional and Stakeholder Perspectives

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DOI: 10.4236/ojbm.2022.103075    137 Downloads   974 Views  

ABSTRACT

This study aims to examine whether institutional and stakeholder pressures influence sustainability practices of oil firms in Niger Delta region. By analysing survey data and informant interviews through a mixed-method approach, this study reveals a limited impact of institutional and stakeholder influences on oil firms’ sustainability practices, especially institutional and stakeholder pressures do not necessarily contribute to sustainable community development in Niger Delta region. The study synthesizes various challenges to Corporate Sustainability (CS) implementation and proposes ways through which CS initiatives could be strengthened by addressing oil activity related problems in Niger Delta. The findings of the study could be useful in improving corporate stakeholder relationship, which contribute to managerial perspective of CS in oil firms in Niger Delta. The study also identifies important managerial and public policy implications.

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Abugu, K. , Mollah, S. and Karmuriwo, S. (2022) Sustainability Practices of Oil Firms in Niger Delta Region—Institutional and Stakeholder Perspectives. Open Journal of Business and Management, 10, 1392-1435. doi: 10.4236/ojbm.2022.103075.

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