TITLE:
Sustainability Practices of Oil Firms in Niger Delta Region—Institutional and Stakeholder Perspectives
AUTHORS:
Kevin Ofoma Abugu, Sabur Mollah, Samuel Karmuriwo
KEYWORDS:
Corporate Sustainability, Stakeholder Influence, Institutional Influence, Sustainable Development, Sustainability Strategies, Niger Delta, Institutional Pressures
JOURNAL NAME:
Open Journal of Business and Management,
Vol.10 No.3,
May
31,
2022
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.