Oil Communities and New Protests in Corporate Social Responsibility in Nigeria
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Abstract
In the third world the concern of multinationals is to maximize profits and in so far as they are able to pay tax which citizens evade, they are good to do business. When they make obscene profit and throw back a little to the environment and the society they operate, they are seen and they see themselves as good corporate citizens larger than life to repatriate the rest. They forget that it is business that grows the society. In recent times, the concept of social responsibility has been coined to cloak this phenomenon with legitimacy. But it is fraud. This paper which adopts the doctrinal method advances the case that social responsibility should be underpinned by law so that there is certainty and legal regulation so that the industry can be legally bound to deliver to the society and the environment it operates particularly in human capital and economic empowerment.
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