Corporate Social Responsibility Practices Among Multinational Corporations in Angola: A Survey Study

Corporate Social Responsibility (CSR) is increasingly recognised as a critical aspect of business operations in both developed and developing countries. Angola, with its growing economy and diverse industrial landscape, presents an interesting case study for examining CSR practices among multinational corporations (MNCs). A structured online survey was designed based on established CSR frameworks and administered through an e-mail list provided by industry associations. Responses were collected from MNCs across various sectors including oil & gas, mining, manufacturing, and services. Data analysis used descriptive statistics to interpret the results. The survey revealed that over 70% of respondents reported implementing CSR initiatives in areas such as environmental sustainability and community development. However, a notable proportion (45%) indicated challenges related to resource allocation and stakeholder engagement. This study contributes to the existing literature by providing insights into MNCs' CSR practices within Angola's unique context, highlighting both positive developments and ongoing challenges. MNCs should prioritise strategic alignment of CSR initiatives with their core business objectives, enhance transparency in reporting, and engage more actively with local communities and stakeholders. Government bodies can play a supportive role by developing regulatory frameworks that encourage sustainable practices.