Relationship Between Corporate Social Responsibility Expenditure, Pipeline Vandalism, and Revenue Losses
General Material Designation
[Thesis]
First Statement of Responsibility
Igwebuike, Faustina C.
Subsequent Statement of Responsibility
Cave, Lisa
.PUBLICATION, DISTRIBUTION, ETC
Name of Publisher, Distributor, etc.
Walden University
Date of Publication, Distribution, etc.
2020
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
126
DISSERTATION (THESIS) NOTE
Dissertation or thesis details and type of degree
D.B.A.
Body granting the degree
Walden University
Text preceding or following the note
2020
SUMMARY OR ABSTRACT
Text of Note
Approximately 65% of the oil spilled in the Niger Delta region of Nigeria has been attributed to sabotage activities in oil-producing communities, resulting in perceptions of revenue losses. For oil industry leaders and managers, understanding predictors of revenue losses are critical to sustainability. Grounded in stakeholder theory, the purpose of this quantitative correlational study was to examine the relationship between managers' perceptions of CSR expenditure, perceptions of pipeline vandalism, and perceptions of revenue losses for oil companies. Data were analyzed for 86 project managers of oil companies in Nigeria, who completed the Factors that Affect Company Revenue Questionnaire. Results of the multiple linear regression indicated the full model, was able to significantly predict managers' perception of revenue losses F(2, 83) = 14.61, p < .001, R2 = .260. Both predictor variables, perceived CSR expenditures (ß = .320, p = .002) and perceived pipeline vandalism (ß= .318, p = .002) made a statistically significant contribution to the model. A key recommendation is for oil company managers to increase CSR funding. The implications for positive social change include the potential for oil industry managers to increase the employment of host communities', in turn reducing poverty.