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Beads and Trinkets? Stakeholder Perspectives on Benefit-sharing and Corporate Responsibility in a Russian Oil Province

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Abstract Residents of the Komi Republic have enjoyed some benefits from the oil industry, through taxation, jobs and business opportunities. They have also suffered repeated oil spills, including one of… Click to show full abstract

Abstract Residents of the Komi Republic have enjoyed some benefits from the oil industry, through taxation, jobs and business opportunities. They have also suffered repeated oil spills, including one of the world's largest in 1994. Since most petroleum taxes go to Moscow for redistribution, the economic benefits are limited, and are focused in urban centres. Rural populations, who suffer most from oil spills, experience benefits primarily through companies’ social projects. We analyse local perceptions of the corporate social responsibility performance of Lukoil-Komi and consider how a weak—or ‘phantom’—social licence to operate can lead to open protest.

Keywords: stakeholder perspectives; beads trinkets; perspectives benefit; trinkets stakeholder; responsibility; oil

Journal Title: Europe-Asia Studies
Year Published: 2019

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