Corporate social responsibility in resource companies. Opportunities for developing positive benefits and lasting legacies

1. Article Review

Corporate social responsibility in resource companies –
Opportunities for developing positive benefits and lasting
legacies
By Anne Elizabeth Fordhama, Guy M. Robinsonb, Boyd Dirk Blackwellc
Made by: Polozova Ekaterina,
Group №156

2. Contents

1. About the article
2. Basic problem and research questions
3. Major findings and discussion issues
4. Authors’ conclusion and point of view
5. Managerial implications
6. Limitations and criticism
7. Real contribution of the research
2

3. About the article. Content and structure

About the article
Content and
structure
About the article. Content and structure
Methodology
Overall
Contribution
Basic problem
and research
question
Major findings
Discussion issues
Authors’
conclusion
Managerial
implications
Limitations and
criticism
Article is about: CSR in resource sector (in Australia)
Structure:
Section 1 – Introduction (explains CSR importance in resource
sector)
Section 2 – Outline of study approach
Section 3 – Key findings
Section 4 – Discussion of the significance of the paper and
implications for the resource sector
3

4. About the article. Methodology

About the article
Content and
structure
Methodology
Overall
Contribution
Basic problem
and research
question
Major findings
Discussion issues
Authors’
conclusion
Managerial
implications
Limitations and
criticism
About the article. Methodology
Qualitative method of research – interview.
Interviewees:
- Employees directly responsible for CSR practices from 25
Australian companies from 3 districts
- Government employees
- Business consultants
- NPOs
- Community representatives
4

5. About the article. Overall contribution

About the article
Content and
structure
About the article. Overall contribution
Methodology
Overall
Contribution
Basic problem
and research
question
The paper states that ECV (Enduring Community Value) is
found to be of critical value for CSR for company employees
and stakeholders.
Major findings
Discussion issues
Authors’
conclusion
ECV as a necessary tool to help navigate the complexities of
CSR within a local community context.
Managerial
implications
Limitations and
criticism
5

6. Basic problem and research question

About the article
Content and
structure
Basic problem and research question
Methodology
Overall
Contribution
Basic problem
and research
question
Companies’ need for SLO
(Social License to Operate)
Resource companies focus on
communities and stakeholders with
power to guarantee gaining SLO.
(stationed in the central areas)
Major findings
Discussion issues
Authors’
conclusion
Managerial
implications
Limitations and
criticism
Problem: In Australia resource sector develops mostly in regional
and remote areas, hence, companies tend to ignore stakeholders and
communities immediately near them.
Research question: To what extent can resource companies within
Australia adopt the concept of ECV and implement it through key
phases of CSR?
6

7. Major findings

About the article
Content and
structure
Major findings
Methodology
Overall
Contribution
Basic problem
and research
question
Major findings
Discussion issues
Authors’
conclusion
Managerial
implications
Limitations and
criticism
1) Employees and hence companies understand a significant
value of ECV; so do stakeholders.
2) Three key drivers, supporting implementation of ECV as a
CSR approach:
- Personal ethical value
- Organisational culture and policy
- Industry guidance and standards
3) Identified best concept to deliver ECV
7

8. Discussion issues

About the article
Content and
structure
Discussion issues
Methodology
Overall
Contribution
Basic problem
and research
question
Major findings
Discussion issues
Authors’
conclusion
Business sector includes concepts of shared value and mutual
benefit for the company and community
The tools identified to deliver ECV were not consistently
applied in the companies
Some key mechanisms lost value as they were not applied
early in the mining life-cycle
In Australia best concept to deliver ECV is available only for
selective few companies with special legal rights
Managerial
implications
Limitations and
criticism
8

9. Authors’ conclusion and point of view

About the article
Content and
structure
Authors’ conclusion and point of view
Methodology
Overall
Contribution
Basic problem
and research
question
All the findings provide a basis to challenge the belief that
resource companies only pretend to help the community and
provide genuine CSR.
Major findings
Discussion issues
Authors’
conclusion
ECV in Australian companies is driven by an obligatory SLO
as a permission from the community.
Managerial
implications
Limitations and
criticism
9

10. Managerial implications

About the article
Content and
structure
Managerial implications
Methodology
Overall
Contribution
Basic problem
and research
question
Major findings
Discussion issues
Authors’
conclusion
Greater levels of institutional support could be given to
processes and mechanisms which facilitate ECV
Requirement of transparency and openness in the sector
New institutional structures are needed to make sure that
resources more easily flow to local communities and are
designed for long-term benefit
Managerial
implications
Limitations and
criticism
10

11. Limitations and criticism

About the article
Content and
structure
Limitations and criticism
Methodology
Overall
Contribution
Basic problem
and research
question
Major findings
Discussion issues
The authors provided reliable data from the interviews which
support the factual information.
The style is clear and easy to follow.
Recommendations are reasonable and practical (although could
be hard to apply in real life)
Authors’
conclusion
Managerial
implications
Limitations and
criticism
11

12. Real contribution of the research

The findings provide valuable lessons for
public and private partnerships and
potentially have wider implications for
developing sustainability solutions in
rural and remote communities within
countries.
12

13. Article Review

Corporate social responsibility in resource companies –
Opportunities for developing positive benefits and lasting
legacies
By Anne Elizabeth Fordhama, Guy M. Robinsonb, Boyd Dirk Blackwellc
Made by: Polozova Ekaterina,
Group №156