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Corporate social responsibility and societal governance: lessons from transparency in the oil and gas sector

  • George Frynas

    Research output: Contribution to journalArticlepeer-review

    Abstract

    This article evaluates the potential of the current Corporate Social Responsibility (CSR) agenda for addressing issues related to societal governance. The investigation focuses on the experience of the oil and gas sector, which has been among the leading industry sectors in championing CSR. In particular, the article analyses the issue of revenue transparency, which has been the principal governance challenge addressed by multinational oil and gas companies. The article suggests that (1) tackling governance challenges is crucial to addressing the impact of corporate activities; (2) current CSR and policy initiatives are entirely insufficient in addressing governance challenges and (3) corporate activities may be contributing to governance failures.
    Original languageUndefined
    Pages (from-to)163-179
    Number of pages17
    JournalJournal of Business Ethics
    Volume93
    Issue number2
    Publication statusPublished - 1 Jun 2010

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