Abstract
The purpose of the study is to investigate the management behaviour in reporting CSER activities and the factors that influence their decision behaviour in the case of Libyan Oil and Gas industry. For this purpose, in-depth interviews were conducted with 9 managers working in Oil and Gas industry in Libya. The transcribed interviews were then analyzed using thematic approach. The findings revealed that the managers recognize companies’ social and environment responsibility, on a self-motivation basis as well as due to the potential negative impacts of a company’s operations on the environment and society. On the other hand, the oil and gas companies deem themselves obliged to report their CSER practices due to the increased awareness about the potential negative impacts of the oil and gas industry. Nevertheless, the disclosure of these practices is still limited due to the lack of a comprehensive framework that sets all CSER requirements for Libyan companies. It is noteworthy that this is the first study that focuses on the management behavior in reporting CSER activities in the Libyan oil and gas industry. Hence, it makes a great contribution and lays the foundation for the future studies in the CSER area. Keywords: Social and Environmental Reporting, Managerial Perception, Developing Economies, Oil and Gas Industry JEL Classifications: Q43, Q52, Q54, M14, L71 DOI: https://doi.org/10.32479/ijeep.10821
Highlights
In the past decades, corporate social and environmental reporting (CSER) has often been discussed on the basis of the need for organizations to provide information about philanthropic services to their stakeholders such as host communities (Luo et al, 2015)
The following question was addressed to the research participants: What are the most important factors influencing Oil and Gas companies to disclose Social and Environmental information? It is worth mentioning here that the nature of social and environmental reporting practices is perceived by many managers in this research as an ethical value driven activity leading businesses to be adopted
The objective of the study was mainly to explore the management reporting behaviour of CSER activities and the factors that influence their decisions in the case of Libyan Oil and Gas industry
Summary
Corporate social and environmental reporting (CSER) has often been discussed on the basis of the need for organizations to provide information about philanthropic services to their stakeholders such as host communities (Luo et al, 2015). Adams, Hill and Roberts (1998) found that CSER practices patterns are influenced by the industrial grouping and the hosting country concerned. Other studies (Adams et al, 1998; Gray et al, 1996) have linked a developing stage of CSER practices to the voluntarily nature in most developed and developing countries. Social and environmental issues are not yet part of a mandatory reporting process in many developed and developing countries (Gray et al, 1996; Deegan, 2002; Golob and Bartlett, 2007; Chen and Bouvain, 2009; Bouten et al, 2011). Frynas (2012) has concluded that voluntary regulation of CSER currently fails to provide even
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Journal of Energy Economics and Policy
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
