Proceedings of the International Conference on Business, Management and Finance
Announcing the Arrival of Social Performance from Corporate Social Responsibility via Corporate Social Performance:The Shell Nigeria Experience
Olusoji George, Nedo Osayande and Godbless Akaighe
This study examines the emergence of corporate social performance through the path of corporate social responsibility and identifies the seeming failure of both practices in alleviating the deprivation and poverty of community and environmental stakeholders in Ogoniland of the Niger Delta Region. The high expectation and desire for better standard of living in an oil producing community where governance, the rule of law and accountability mechanisms are limited has necessitated the call for a new approach to social contribution for societal development.The study employed a qualitative approach with semi-structured interview.Specifically, the study covered the villages traversed by the Shell-owned Trans-Niger Pipeline(TNP) in Tai, Gokana, and Khana Local Government Areas of Rivers State, Nigeria. The results of the study indicate that CSR interventions of the IOCs have not provided sustainable economic development for the host communities of oil and gas fields and the interventions of the IOCs are not considered by the communities to be sustainable. On the basis of the arguments and findings of this study, we introduce Social Performance (SP) with the capacity to improve the interactions between the host communities and the IOCs in Nigeria.
Keywords: social performance; corporate social responsibility, corporate social performance;Niger Delta; Nigeria.