An Examination of Strategic Philanthropy and CSR Communication Patterns among the World’s Twenty-One Largest Oil Companies

J. Brad Gatlin

Abstract


Fortune Magazine’s 2012 list of 100 largest companies included 21 oil companies. This paper seeks to discern patterns of those 21 companies’ philanthropic efforts and communication thereof. Specifically, the paper will consider issues such as ownership (all companies were either publicly-traded or state-owned), the economic development of the home country, and the citizens’ expectations of corporate citizens. The philanthropic efforts of all 21 companies are discussed in the context of Porter and Kramer’s (2001) framework of the competitive context It is concluded that the oil industry is particularly well-suited to affect factor and, to a lesser extent, demand conditions, through philanthropic efforts. A model for classifying the philanthropic based on ownership and country conditions is proposed, and suggestions for further research are made.

Keywords


Corporate Social Responsibility; International Business; Strategic Philanthropy

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DOI: http://dx.doi.org/10.18533/ijbsr.v2i5.103

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International journal of business and social research (Print)
ISSN 2164-2540

International journal of business and social research (Online)
ISSN 2164-2559

[International Journal of Business and Social Research (IJBSR) previously published by MIR Center for Socio-Economic Research, MD, USA. From February 2018 this journal is published by the LAR Center Press, OR, USA]