Vol. 2010 No. 1 (2010)
Corporate Social Responsibility Practices in Multinational Corporations within Angola's Context,
Abstract
Corporate Social Responsibility (CSR) has become an increasingly important aspect of business operations globally, with multinational corporations (MNCs) often being at the forefront of implementing CSR initiatives. The study employs a qualitative research approach, utilising semi-structured interviews with selected MNCs in Angola as the primary data collection method. Additionally, secondary sources such as company reports and industry publications are reviewed to provide context and depth to the findings. Findings indicate that while several MNCs have established CSR programmes, there is a notable disparity in their implementation across different sectors. For instance, within the extractive industries, companies predominantly focus on environmental conservation efforts (85% of respondents reported this as a key area). The qualitative research underscores the need for more consistent and comprehensive CSR strategies among MNCs operating in Angola to align with international best practices. Recommendations include fostering closer collaboration between MNCs, local communities, and government bodies to enhance the impact of CSR initiatives. Additionally, companies are advised to engage more deeply in community development projects to foster long-term sustainable growth.
Read the Full Article
The HTML galley is loaded below for inline reading and better discovery.