StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Why Is the Oil Industry and Corruption So Closely Linked - Research Paper Example

Cite this document
Summary
This research paper "Why Is the Oil Industry and Corruption So Closely Linked" discusses answers various arising questions by giving a thorough examination of the activities of an oil corporation, Shell, and looking into its relationship with communities in Niger Delta, Nigeria…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.9% of users find it useful
Why Is the Oil Industry and Corruption So Closely Linked
Read Text Preview

Extract of sample "Why Is the Oil Industry and Corruption So Closely Linked"

Download file to see previous pages

These corporations have covered their community relations by hiding under the claims of being socially responsible and of the reputable ethical conduct, although the evidence in this paper proves the otherwise. The present decade is however no exception bearing in mind the tendency in the relationship in between these corporations and the civil society actors, the emergence of collaborative relationships, only benefit the business’s image than it does to the community society, it is however, unfortunate that even the media and the already published literature seldom examines greedy practices of corporations despite the fact that, the practices impact negatively on the stakeholders.

This has resulted into several ethical questions on the real intentions and practices of the leaders in these corporations, the efficacy of their public association’s campaigns and the strategic location of the various civil society actors. Purposely paying close attention to Shell’s corporate social responsibility (CSR) initiatives which were aimed at developing the communities of Niger Delta. The case study is founded on both secondary and primary sources that included field observations and interviews with some key executive members of the corporation, local communities, government officials and government officials, and some senior members of the oil companies in Nigeria’s Niger Delta area.

The paper argues that the corporations have made use of the political elite in the country to expand their global earnings and to gain competitive advantages by unscrupulous means such as bribery and other inducements to attain some government contracts in the Niger Delta area, Nigeria. 1. Introduction A sector of business that makes firm claims to business ethics, Transparency, stakeholder’s rights, Employee Rights, Corruption, and human rights and codes of practice can safely be said to be the oil sector (Lawan 98).

Oil Corporations are very dynamic and have leadership roles in coming up with allowable corporate practices and key acceptable codes of conduct in various places of work and involvement with various facets of the community. The involvement of Shell, in the famous Voluntary Principles on Security, the United Nations’ Global Compact, and Human Rights, are just some instances.

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Why Is the Oil Industry and Corruption So Closely Linked Research Paper Example | Topics and Well Written Essays - 6250 words - 1, n.d.)
Why Is the Oil Industry and Corruption So Closely Linked Research Paper Example | Topics and Well Written Essays - 6250 words - 1. https://studentshare.org/business/1804596-why-is-the-oil-industry-and-corruption-so-closely-linked
(Why Is the Oil Industry and Corruption So Closely Linked Research Paper Example | Topics and Well Written Essays - 6250 Words - 1)
Why Is the Oil Industry and Corruption So Closely Linked Research Paper Example | Topics and Well Written Essays - 6250 Words - 1. https://studentshare.org/business/1804596-why-is-the-oil-industry-and-corruption-so-closely-linked.
“Why Is the Oil Industry and Corruption So Closely Linked Research Paper Example | Topics and Well Written Essays - 6250 Words - 1”. https://studentshare.org/business/1804596-why-is-the-oil-industry-and-corruption-so-closely-linked.
  • Cited: 0 times

CHECK THESE SAMPLES OF Why Is the Oil Industry and Corruption So Closely Linked

Mitigating the Effects of Oil, Trade Policies, and International Relationships on Kazakhstan

However, its people have low productivity while foreign investors have managed to take control of some of the oil reserves.... The popular corruption in government and a decline in the quality of life, once aggravated by poor economic stability in the world that can force oil prices down, thereby lowering the country's revenue, will result in massive unemployment and great dissatisfaction among millions of laborers.... The country is heavily dependent on substantial oil exports managed by entrepreneurs from other countries, while many other businesses combined will not meet the need of Kazakhstan for ongoing economic stability and growth in case the price of oil falls for a relatively long period of time....
52 Pages (13000 words) Essay

Tourism Industry Research Paper

Freedom from corruption-62% Includes an assessment of the prevalence and degree of administrative and judicial corruption at the government level.... There is no income tax and no federal level corporate tax; however the tax structure for foreign banks and oil companies is different.... Foreign oil companies are liable to pay a 55% corporate tax whereas a 20% corporate tax is levied on foreign banks....
21 Pages (5250 words) Research Paper

McDonalds in Kazakhstan

Since rent is a fee that is not linked to sales, this practice allows McDonald's more control over its franchisees (Rumbelow, 1 February 2001).... As a global company that has become the icon of all-American business, McDonald's Corporation operates fast food restaurants all over the world....
5 Pages (1250 words) Essay

Ethical Issues in the Business Environment

Business ethics is concerned with attaining the objectives of the organization in a way so as not to come into conflict with the interests of stakeholders of the business, society or certain groups or individuals (influence groups).... When the business effects the interest of many....
8 Pages (2000 words) Essay

Oil Discovery and its effect on democratic growth in Ghana

Thus, the ensuing years of the oil boom was marked by a drastic realization for these countries.... However, in the midst of this great opportunity rest numerous pathologies such as high level of corruption, high risks of civil war, low prevalence of democracy, high poverty rates and poor economic growth (Jerome 9).... Although it seems that their case is hopeless, major discoveries and explorations have turned Africa into what we call “rich” less Over the last decade, oil explorations in the Atlantic Ocean off to the coast of Western and Southern Africa have ushered the region of Sub-Saharan Africa into an oil boom....
20 Pages (5000 words) Essay

PESTEL Analysis Indonesia

In Sumatra, fiber plantations amounted to nearly 60 percent of emissions, while the palm oil industry in Kalimantan accounted for about 40 percent.... Forest clearing within areas zoned for timber, logging, oil palm, and mining accounted for nearly 45 percent of deforestation in Indonesia between 2000 and 2010, (finds a new study that examined forest loss within industrial concessions).... oil palm follows up with 28 %, logging with 22%.... In the future according to the study: Relative contributions of the logging, fiber, oil palm and mining industries to forest loss in Indonesia, it is expected that forest concessions continue to grow, due to political treaties and economic investment in logging....
18 Pages (4500 words) Essay

McDonalds Corporation in Kazakhstan

Since rent is a fee that is not linked to sales, this practice allows McDonald's more control over its franchisees (Rumbelow, 1 February 2001).... The paper 'McDonald's Corporation in Kazakhstan' presents a global company that has become the icon of all-American business, McDonald's Corporation operates fast-food restaurants all over the world....
9 Pages (2250 words) Case Study

Global Perspectives - Turkmenistan

He changed the education system to include books he had written, changed medical staff to military personnel and so on and so forth.... The three issues of authoritarianism, corruption and economic limitations are interlinked but are so vast that they need to be discussed separately....
15 Pages (3750 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us