Corporate Social Responsibility

By

ACKNOWLEDGEMENT

I would like to express my regards to my research coordinator, colleagues, family and friends for their relentless support and guidance, without them I would not be able to deliver this work.

DECLARATION

I, (Your name), would like to declare that all contents included in this dissertation stand for my individual work without any aid, and this dissertation has not been submitted for any examination at academic as well as professional level, previously. It is also representing my very own views and not essentially those that are associated with the university.

Signed __________________ Date _________________

ABSTRACT

Corporate Social Responsibility (CSR) has become a catch phrase for oil firms worldwide who wish to portray a more environmentally and socially accountable image. Yet, despite the increased time, money and manpower foreign oil firms have invested into CSR activities, the continuing criticism against these firms leads one to believe that progress is not being made. This research work aimed at finding the ways in which BP (British Petroleum) contributes in the sustainable development and expansion of community through CSR. The research, in this dissertation, was performed with the help of qualitative methodology thus, reproducing the secondary material for understanding and interpretation. The case study method has been preferred to study the subject in its holistic sense.

TABLE OF CONTENTS

ACKNOWLEDGEMENTII

DECLARATIONIII

ABSTRACTIV

CHAPTER 1: INTRODUCTION1

1.1 Research Aim1

1.2 Research Problem1

1.3 Research Question1

1.4 Electronic database searches2

1.5 Search Criteria2

1.6 Search rationale2

1.7 Layout of the Report3

Chapter 23

Chapter 33

Chapter 44

Chapter 54

1.8 Learning Process4

CHAPTER 2: LITERATURE REVIEW6

2.1 Introduction to CSR6

2.1.1 Definition of CSR8

2.1.2 Significance of CSR8

2.2 Corporate Social Responsibility-History9

2.3 Components of CSR10

2.3.1 Economic Responsibilities11

2.3.2 Legal Responsibilities11

2.3.3 Ethical Responsibilities11

2.3.4 Discretionary Responsibilities12

2.4 The Perception of CSR13

2.5 The Conceptual and Theoretical Framework14

2.6 Arguments15

2.7 CSR: Shareholder Theory20

2.8 CSR: Stakeholder Theory21

2.9 CSR and Sustainable Community Expansions22

2.10 Need for Managerial Discretion28

CHAPTER 3: METHODOLOGY29

3.1 Research Objectives29

3.2 Research Approach29

3.3 Research Strategy30

3.4 Data Collection Method31

3.5 Research Techniques31

3.6 Qualitative Research32

CHAPTER 4: CRITICAL ANALYSIS AND DISCUSSION33

4.1 British Petroleum33

4.2 CSR in BP36

CHAPTER 5: CONCLUSION & RECOMMENDATIONS40

5.1 Conclusion40

5.2 Recommendations42

REFERENCES44

CHAPTER 1: INTRODUCTION

The subject at hand pertains to the discussion of the contribution of CSR programs in sustainable development and expansion of the community in which British petroleum operates. For this purpose, the topic is discussed in the context of British Petroleum and undertakes to elaborate the concept of corporate social responsibility along with its history, background, applications and case study techniques. This investigative study undertakes the discussion in a much detailed manner and through a comprehensive research.

1.1 Research Aim

The aim of this research study is to explore the possible contributions of corporate social responsibility to the sustainable expansion of BP and looking for ways in which British Petroleum contributes towards community and how helpful are those ways for the company.

1.2 Research Problem

The study deals with the concept of CSR and its application in the various organizations. The theoretical and contextual implementation of BP is studied with respect to the application in organization's sustainability.

1.3 Research Question

The research at hand deals with the aspects of CSR and its effects on British Petroleum and other companies. They entire study revolves around the ...