Authors :
Itotenaan Henry Ogiri; Leonard Ifeanyi Amaefule
Volume/Issue :
Volume 8 - 2023, Issue 1 - January
Google Scholar :
https://bit.ly/3IIfn9N
Scribd :
https://bit.ly/3Yp1juh
DOI :
https://doi.org/10.5281/zenodo.7634387
Abstract :
The study interrogated the effect of the
Petroleum Industry Act (PIA) on corporate social
responsibility (CSR) activities of oil firms operating in
Niger Delta area of Nigeria against the backdrop of
Community-Related Social Responsibility (C-RSR). Data
were collected through the administration of
questionnaires. Descriptive analysis (Mean) was
employed in analyzing the data, while One-Sample TTest and Paired-Samples Test were employed in testing
the hypotheses of the study. Results from the test
statistics revealed that the provisions of the PIA (2021)
exert significant positive effect on both the extent of CSR
engagement by oil multi-nationals and the level of
involvement of communities in their social responsibility
affairs. Result also indicated a negative but insignificant
shift from Firms – driven to community-based social
responsibility as a result of the passage of the PIA (2021).
The study recommended that strict adherence to the Act
should be pursued to reap full benefits of the law.
Keywords :
Petroleum Industry Act, Firm-Driven CSR, Community-Based Social Responsibility, Firm Performance, Niger Delta
The study interrogated the effect of the
Petroleum Industry Act (PIA) on corporate social
responsibility (CSR) activities of oil firms operating in
Niger Delta area of Nigeria against the backdrop of
Community-Related Social Responsibility (C-RSR). Data
were collected through the administration of
questionnaires. Descriptive analysis (Mean) was
employed in analyzing the data, while One-Sample TTest and Paired-Samples Test were employed in testing
the hypotheses of the study. Results from the test
statistics revealed that the provisions of the PIA (2021)
exert significant positive effect on both the extent of CSR
engagement by oil multi-nationals and the level of
involvement of communities in their social responsibility
affairs. Result also indicated a negative but insignificant
shift from Firms – driven to community-based social
responsibility as a result of the passage of the PIA (2021).
The study recommended that strict adherence to the Act
should be pursued to reap full benefits of the law.
Keywords :
Petroleum Industry Act, Firm-Driven CSR, Community-Based Social Responsibility, Firm Performance, Niger Delta
