State-owned Multinationals and Drivers of Sustainability Practices: An Exploratory Study of National Oil Companies

Andrew Inkpen, Kannan Ramaswamy

Research output: Chapter in Book/Report/Conference proceedingBook chapterResearchpeer-review

Abstract

While much of the debate and discourse on sustainability and environmentally friendly practices have focused on privately owned and operated organizations, enterprises owned by the state have escaped scrutiny. This study focuses specifically on the oil and gas sector to explore the drivers that propel state-owned oil and gas producers, the national oil companies, to embrace sustainability practices. We find that the proportion of independent directors, international exposure, and international involvement influence sustainability practices.

Original languageEnglish
Title of host publicationSustainability, Stakeholder Governance, and Corporate Social Responsibility
EditorsSinziana Dorobantu, Ruth V. Aguilera, Jiao Luo, Frances J. Milliken
Number of pages23
Place of PublicationBingley
PublisherEmerald Group Publishing
Publication date2018
Pages95-117
ISBN (Print)9781787563162
ISBN (Electronic)9781787563155
DOIs
Publication statusPublished - 2018
Externally publishedYes
SeriesAdvances in Strategic Management
Volume38
ISSN0742-3322

Keywords

  • National oil companies
  • Sustainability
  • State-owned enterprises
  • Sustainability disclosure
  • Environmental stewardship
  • Globalization

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