Corporate Social Responsibility Reporting in Emerging Economies: A Case Study of the Petroleum Refining Industry
In order to truly determine the quality of CSR reports of companies from countries with emerging economies, it would be necessary to look at a variety of different sectors. Nevertheless, because of the narrow scope of this project, the analysis will only focus on the petroleum-refining sector. By using the standardized benchmarking system developed by SustainAbility Ltd. and UNEP, a compare and contrast analysis will be conducted of each of the six chosen petroleum-refining companies’ CSR reports. Ultimately, this project seeks to determine the range of CSR reporting quality scores that will be given to these emerging economy ‘reporting leaders.’
This project set out to determine whether or not the CSR reports of publicly traded petroleum-refining companies headquartered in emerging economies would rank higher than the reports of state-owned petroleum refining companies that are also located in emerging economies. This analysis generally supports this hypothesis. In addition, this project also sought to determine whether the data support two other minor hypotheses: (a) that publicly traded companies would include more information on stakeholder engagement processes in their reports than SOEs, and (b) that publicly traded companies would spend an equal amount of effort in describing their social and environmental performance whereas SOEs would focus more on social performance. Results from the case studies support the first minor hypothesis but not the second.
School Location:USA - North Carolina
Source Type:Master's Thesis
Keywords:corporate social responsibility emerging economies state owned enterprises publicly traded companies
Date of Publication:08/28/2007