Equatorial Guinea's heir apparent likely to endure

2017 ◽  
Keyword(s):  
Vice President ◽  
Tax Revenue ◽  
Government Officials ◽  
Tax Base ◽  
Content Type ◽  
High Profile ◽  
High Dependency ◽  
Oil Sector ◽  
Corporate Social ◽  
Revenue Projections

Significance The polls came shortly after last month's high-profile sentencing (in absentia) by a French court of Vice-President Teodorin Obiang. He received a three-year jail term and a fine of 30 million euros (36 million dollars) on corruption charges. However, both his jail term and fine were suspended, meaning that he will only face jail or pay the fine if he re-offends and is convicted in France. Teodorin has long been seen as heir apparent and likely to succeed his father. Impacts Teodorin's conviction may set a precedent for trials of senior government officials and their families in France. International energy firms will face more demands to buy locally and improve corporate social responsibility (CSR). The continued high dependency on the oil sector and a small tax base make non-oil tax revenue projections illusory.

Turning potential collision into cooperation in Ghana’s oil industry

2015 ◽  
Vol 10 (2) ◽  
pp. 118-131 ◽  
Author(s):  
Kwesi Amponsah-Tawiah ◽  
Kwasi Dartey-Baah ◽  
Kobena Osam
Keyword(s):  
Oil And Gas ◽  
Oil Industry ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Content Type ◽  
Oil Companies ◽  
Critical Issues ◽  
Oil Sector ◽  
Stakeholder Interactions ◽  
Corporate Social

Purpose – This paper aims to examine the potential impact of the presence of oil resource on the Ghanaian society. Specifically, the paper investigates the relationship between key stakeholders in the oil sector, how stakeholder interactions create the potential for collision and advances measures aimed at turning possible collision into cooperation. Design/methodology/approach – The paper uses a literature review-based approach, drawing on existing literature in a number of areas including corporate social responsibility (CSR), oil and gas industry in Ghana and Nigeria as well as communication. Findings – The paper advances that expectations of stakeholders as regards oil being a panacea to all their problems must be managed to avoid possible collision. Additionally, Ghana’s oil industry must identify and engage all stakeholders in planning suitable and sustainable CSR programmes for economic development, thus fostering a friendly environment for oil companies. Transparency and accountability are also needed to promote cooperation rather than collision among stakeholders in Ghana’s oil industry. Originality/value – This paper raises and brings to the fore critical issues that can lead to potential collisions in the oil and gas industry in Ghana if not well-managed, and thus an innovative work in that regard.

Stakeholders expectations for CSR-related corporate governance disclosure: evidence from a developing country

2021 ◽  
Vol 29 (2) ◽  
pp. 97-127 ◽  
Author(s):  
Yousuf Kamal
Keyword(s):  
Corporate Governance ◽  
Social Responsibility ◽  
News Media ◽  
Government Officials ◽  
Content Type ◽  
Social Audit ◽  
The Social ◽  
Union Leaders ◽  
Governance Practices ◽  
Corporate Social

PurposeThe purpose of this paper is to explore stakeholders' expectations in relation to corporate social responsibility (CSR)–related corporate governance practices. The paper aims to understand how stakeholders' expectations potentially translate into the disclosure of information about CSR-related corporate governance practices.Design/methodology/approachThe evidence for this study was collected using semi-structured in-depth personal interviews with 18 stakeholders. These include representative of multinational buying companies who source garments from Bangladesh, international as well as local NGOs, news media personnel, senior government officials, trade union leaders and social audit firm.FindingsThis paper finds evidence of stakeholders' dissatisfaction with the disclosures of governance information which tended to be viewed as limited and symbolic in nature. It also finds an apparent disconnection between stakeholder expectations and corporate disclosures.Originality/valueThis paper finds an alternative media of disclosures, for communicating social responsibility related governance information to the stakeholders, which has so far, been neglected by the social accounting researchers.

scholarly journals “Responsible drinkers create all the atmosphere of a mortuary”

2014 ◽  
Vol 26 (1) ◽  
pp. 18-34 ◽  
Author(s):  
Matthew J. Alexander ◽  
Euan Beveridge ◽  
Andrew C. MacLaren ◽  
Kevin D. O'Gorman
Keyword(s):  
Employee Engagement ◽  
Successful Implementation ◽  
Structured Interviews ◽  
Content Type ◽  
High Profile ◽  
The Social ◽  
Day To Day Operations ◽  
Legislative Changes ◽  
Corporate Social ◽  
Societal Expectations

Purpose – The purpose of this paper is to explore the reaction of customer facing staff and their attitude to the introduction of high profile corporate social responsibility (CSR) programmes; in particular their level of awareness and willingness to implement them. Design/methodology/approach – Conducted using a series of site visits and interviews with managers working within the licensed trade, this was followed up with structured interviews of “front line” staff. Findings – Despite high levels of awareness of both the social problems relating to alcohol consumption and the legislative changes, engagement with operational CSR was limited and often disinterested. Legal and societal expectations regarding drunkenness are of little concern. Research limitations/implications – This paper is concerned with nascent legislation, the full impact and success of which has not yet emerged. Reviewing this study in five years would add to the strength of the results. Limited to Scotland due to its devolved licensing laws, however, it clearly highlights lack of employee engagement with CSR. Practical implications – Despite placing CSR issues at the forefront of day to day operations within the licensed trade there is little empirical evidence around customer facing staff engagement. CSR is a dynamic process that relies on the involvement of employees for its successful implementation. Originality/value – A new CSR implementation matrix is presented which allows hospitality businesses to be positioned according to levels of both management and employee engagement with CSR policies.

Politics will raise Argentine Supreme Court doubts

2021 ◽  
Keyword(s):  
Political Parties ◽  
Supreme Court ◽  
Vice President ◽  
Executive Branch ◽  
The Political ◽  
Content Type ◽  
High Profile ◽  
Judicial Decisions ◽  
Political Implications ◽  
The Supreme Court

Significance This relates to its declining efficiency, increasing tensions among its members and pressures from the political parties to influence high-profile judicial investigations involving former Presidents Cristina Fernandez de Kirchner (CFK, now vice-president) and Mauricio Macri. The recent election of Horacio Rosatti as its president has been welcomed by the judiciary as a positive move that could improve the Court’s functioning. Impacts Changes in the Supreme Court will exacerbate the lack of dialogue with the executive branch. Judicial decisions with significant political implications cannot be ruled out before the next presidential election in 2023. The government’s confrontational approach towards opposition parties will make it difficult to select a replacement for Highton.

Treading the straight and righteous path: curbing corruption in the Philippines

2015 ◽  
Vol 4 (1) ◽  
pp. 51-75 ◽  
Author(s):  
Eric Vincent C. Batalla
Keyword(s):  
The Philippines ◽  
Effective Control ◽  
Public Officials ◽  
Government Officials ◽  
Policy Makers ◽  
Content Type ◽  
State Institutions ◽  
High Profile ◽  
Philippine Government ◽  
Control Of Corruption

Purpose – The purpose of this paper is to examine the anti-corruption performance of the Philippine government, particularly under the leadership of President Benigno Aquino III. Design/methodology/approach – The paper evaluates the anti-corruption measures as represented by pertinent laws as well as anti-corruption agencies (ACAs) under the Aquino administration. Findings – The Aquino government has exercised remarkable political will in acting on high-profile cases involving former government officials, including former President Gloria Macapagal-Arroyo. However, the government’s overall anti-corruption performance is hampered by outdated and conflicting laws, lack of compliance with anti-corruption laws and regulations by public officials and employees, poor ACA operational capacities, judicial inefficiency, deficient organizational systems and change-resistant government agencies, and selective and partial enforcement of anti-corruption laws. These problems are characteristic of Philippine political administrations and are arguably rooted in a system long characterized by fragile state institutions, strong oligarchic control, and weak citizenship. Originality/value – The paper is intended to update scholars, policy makers, and anti-corruption practitioners interested in corruption, ACA performance, and political reform in the Philippines. It discusses corruption-related problems of public administration within the purview of political economy. Based on this perspective, it argues that the key to effective control of corruption is a change in the political system’s configuration rather than the mere change in leadership.

Mexico agribusiness looks set for healthy growth

2016 ◽  
Keyword(s):  
Economic Activity ◽  
Agricultural Sector ◽  
Foreign Currency ◽  
Central American ◽  
Tax Revenue ◽  
Content Type ◽  
Livestock Sector ◽  
Oil Sector ◽  
Healthy Growth ◽  
Oil Company

Subject Agribusiness outlook. Significance The importance of the agricultural sector to Mexico has been underscored by the broad decline in the price of oil since mid-2014. While the oil sector accounts for a relatively small percentage of economic activity, revenue from state-owned oil company PEMEX remains a major source of government income. As such, the agricultural sector -- which includes the world's seventh-largest livestock sector -- has assumed more importance due to its position as a source of foreign currency and tax revenue. Impacts Tighter regulations in Mexico could force Central American exporters to improve production standards. Government initiatives and the weak peso will see both exports and foreign investment in Mexican agriculture increase. Climate change will present worsening challenges for the sector with droughts and flooding becoming more common.

Political costs mar Nigeria leader's anti-graft push

2016 ◽  
Keyword(s):  
Foreign Exchange ◽  
Large Scale ◽  
Vice President ◽  
Content Type ◽  
High Profile ◽  
Political Costs

Significance The case highlights the challenges facing President Muhammadu Buhari's anti-graft campaign, which may face significant political blowback. Impacts Reforms to the judiciary, led by Vice President Yemi Osinbajo, will be slow given the large scale of integrity problems in the courts. This could complicate high-profile corruption cases by raising doubts over the validity of court judgments. Symptoms of the ailing economy, including fuel and foreign exchange shortages, will prove damaging for the ruling APC.

Unstable Libya will be haven for salafi-jihadi groups

2017 ◽  
Keyword(s):  
Oil And Gas ◽  
Political Crisis ◽  
The Political ◽  
Economic Decline ◽  
Government Officials ◽  
Content Type ◽  
Political Dialogue ◽  
High Profile ◽  
Extremist Groups

Significance Salafi-jihadi groups in Libya benefit from the security vacuum emanating from the political crisis. IS has been regrouping after losing its headquarters in Sirte in 2016, even as it faces serious setbacks in Iraq and Syria. Al-Qaida-affiliated groups also exploit the neglected south. Impacts A stalled political dialogue will give salafi-jihadi groups like IS the space to regroup, even amid airstrikes. Salafi-jihadi groups will engage in high-profile attacks, targeting government officials and foreigners. Persistent insecurity will inhibit Libyan efforts to reverse economic decline, especially if groups attack oil and gas sites. The spread of extremist groups raises business costs and compels neighbours to close borders, contributing to Libya’s economic isolation.

CSR reporting and assurance legitimacy: a client–assuror dyad investigation

2019 ◽  
Vol 20 (4) ◽  
pp. 372-393 ◽  
Author(s):  
Leila Emily Hickman ◽  
Jane Cote
Keyword(s):  
Vice President ◽  
Future Research ◽  
Research Approach ◽  
Structured Interviews ◽  
Content Type ◽  
The Public ◽  
Csr Reporting ◽  
Similar Work ◽  
Corporate Social ◽  
Supportive Management

Purpose Drawing on new insights from the experiences and perspectives of a prominent reporting client and its assurance team, the purpose of this paper is to explore the question: what are challenges to the legitimacy of corporate social responsibility (CSR) reporting and assurance? Design/methodology/approach Using a qualitative research approach, in-depth, semi-structured interviews are conducted with a Fortune 200 firm’s Vice President responsible for CSR oversight (including CSR reporting), and with the report’s assurance team from a Top 20 accounting firm. Questions are informed by existing literature, and analysis focuses on new insights that conform to, or contrast with, prior studies in areas that may challenge the legitimacy of CSR reporting. Findings The study documents that reporting and assurance may often serve the respective commercial and professional interests of the firm and the assuror, rather than providing accountability to the public interest. Specifically, the authors find that legitimacy-challenging instances of managerial capture of CSR reporting may co-exist in a firm with management-as-CSR-champion, in contrast with existing literature. Prior research has assumed these two constructs are not likely to co-exist within a single organization. The interviews suggest that managerial influence is fostered by the lack of reporting standards and the absence of agreement regarding the over-arching purpose of CSR reports and their assurance. Research limitations/implications Going forward, researchers should consider the multifaceted role management can play in CSR reporting and assurance, rather than treating managerial capture and management-as-champion as mutually exclusive. Future research could also examine how standards may balance desired comparability with flexibility in CSR reporting. Practical implications The study will interest report users who may assume that a seemingly supportive management would not play a restrictive role in the reporting and assurance processes. Reporters and assurors will benefit from reading the perspectives provided by professionals engaged in similar work, including the challenges they face, such as the consequences resulting from the lack of standards for CSR reporting and assurance. Originality/value The study is the first to provide a behind-the-scenes view of the report–assuror dyad by interviewing both the reporting firm and the assurance team engaged on the same CSR report.

Cracks will extend within Ecuador’s ruling party

2017 ◽  
Keyword(s):  
Political Culture ◽  
Vice President ◽  
Wealth Creation ◽  
Content Type ◽  
High Profile ◽  
The People ◽  
Personal Wealth ◽  
The Government ◽  
Ruling Party

Subject Friction within Ecuador’s ruling party Significance Tensions within Ecuador's ruling party, Alianza Pais, came to the surface on August 3 when President Lenin Moreno stripped Vice President Jorge Glas of his official functions within government. The move came after Glas wrote a public letter criticising Moreno, and fresh evidence emerged of corruption within the government of former President Rafael Correa. The conflict within the government reflects wider divisions within Alianza Pais as the party adjusts to a change in leadership and the Moreno administration grapples with the negative legacies of the previous administration. Impacts High profile infighting will leave the government open to accusations of neglecting its responsibilities to the people. Correa will exploit divisions within the government and party to increase his chances of returning to power. Moreno faces the deeper challenge of tackling a political culture that views government posts as a platform for personal wealth creation.

Sign in / Sign up

Export Citation Format

Share Document