By Anne Elizabeth Fordhama, Guy M. Robinsonb, Boyd Dirk Blackwellc
Made by: Polozova Ekaterina,
Group №156
Made by: Polozova Ekaterina,
Group №156
About the article
Content and structure
Methodology
Overall Contribution
Major findings
Discussion issues
Basic problem and research question
Authors’ conclusion
Managerial implications
Limitations and criticism
About the article
Content and structure
Methodology
Overall Contribution
Major findings
Discussion issues
Basic problem and research question
Authors’ conclusion
Managerial implications
Limitations and criticism
About the article
Content and structure
Methodology
Overall Contribution
Major findings
Discussion issues
Basic problem and research question
Authors’ conclusion
Managerial implications
Limitations and criticism
About the article
Content and structure
Methodology
Overall Contribution
Major findings
Discussion issues
Resource companies focus on communities and stakeholders with power to guarantee gaining SLO.
(stationed in the central areas)
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?
Basic problem and research question
Authors’ conclusion
Managerial implications
Limitations and criticism
Discussion issues
Employees and hence companies understand a significant value of ECV; so do stakeholders.
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
Authors’ conclusion
Managerial implications
Limitations and criticism
Major findings
Discussion issues
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
Authors’ conclusion
Managerial implications
Limitations and criticism
Major findings
Discussion issues
All the findings provide a basis to challenge the belief that resource companies only pretend to help the community and provide genuine CSR.
ECV in Australian companies is driven by an obligatory SLO as a permission from the community.
Authors’ conclusion
Managerial implications
Limitations and criticism
Discussion issues
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
Authors’ conclusion
Managerial implications
Limitations and criticism
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
Made by: Polozova Ekaterina,
Group №156
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