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Book part
Publication date: 11 April 2013

Evans S. Osabuohien, Uchenna R. Efobi and Ciliaka M.W. Gitau

Purpose – This study provides insight on how Sub-Sahara African (SSA) countries can ameliorate the impact of environmental pollution in the face of increasing inflow of…

Abstract

Purpose – This study provides insight on how Sub-Sahara African (SSA) countries can ameliorate the impact of environmental pollution in the face of increasing inflow of multinational corporations (MNCs).Design/methodology/approach – An analytical model describing the role of institutions in reducing the environmental impact of MNCs was formulated and analysed for a sample of 43 SSA countries (1996–2010) using descriptive and the System Generalised Method of Moments techniques.Findings – It was found that the ‘tragedy’ of environmental pollution can be ‘managed’ if there are strong institutional framework especially regulatory quality and government effectiveness that will drive environmental policies and make MNCs to comply to the tenets of corporate social responsibility (CSR) in host countries. The study also established that the environmental hazards in the previous year will occur in the current year, but with strong institutions in place, it will be at a decreasing rate. How increase in trade, inflow of MNCs and population growth affect the current extent of environmental pollution was underscored.Research limitation – Aggregated data on the variables were utilised, and thus the results were dependent on the reliability of the data. Examining how MNCs respond to CSR with respect to environmental issues in SSA can be taken up in future studies using micro-data. This will complement this study and further establish the impact of MNCs activities on the environment in SSA.Originality/value of chapter – The relevance of institutions in regulating the behaviours of MNCs with regards to environmental pollution in SSA was emphasised.

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Principles and Strategies to Balance Ethical, Social and Environmental Concerns with Corporate Requirements
Type: Book
ISBN: 978-1-78190-627-9

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Book part
Publication date: 11 April 2013

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Principles and Strategies to Balance Ethical, Social and Environmental Concerns with Corporate Requirements
Type: Book
ISBN: 978-1-78190-627-9

Book part
Publication date: 11 April 2013

Karina A. Branum is an MBA Student of Entrepreneurship and Management/Organizational Behavior at Loyola Marymount University (Los Angeles, California). She received her Bachelor…

Abstract

Karina A. Branum is an MBA Student of Entrepreneurship and Management/Organizational Behavior at Loyola Marymount University (Los Angeles, California). She received her Bachelor of Arts in Economics from the University of Hawai’i at Manoa in Honolulu, Hawai’i in 2006. Following her undergraduate work, she worked as an Accounting Analyst in the entertainment industry before deciding to obtain her MBA. Upon receiving her MBA, she plans on pursuing a career with a sustainable business/organization and potentially starting a business in the field of water conservation and management. Research interests include further examination of the relationship between sustainable technology and business practices and profitability.

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Principles and Strategies to Balance Ethical, Social and Environmental Concerns with Corporate Requirements
Type: Book
ISBN: 978-1-78190-627-9

Book part
Publication date: 11 April 2013

Liam Leonard and Maria Alejandra Gonzalez-Perez

We are delighted to present this collective work committed to address the challenges of balancing social and environmental concerns with corporate requirements, as part of the…

Abstract

We are delighted to present this collective work committed to address the challenges of balancing social and environmental concerns with corporate requirements, as part of the Advances in Sustainability and Environmental Justice Series. This volume, co-edited by Dr. Liam Leonard and Dr. Maria Alejandra Gonzalez-Perez, is the second of this series dedicated to Sustainability and Corporate Social Responsibility (CSR) within the scope of International Business.

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Principles and Strategies to Balance Ethical, Social and Environmental Concerns with Corporate Requirements
Type: Book
ISBN: 978-1-78190-627-9

Abstract

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COVID-19 in the African Continent
Type: Book
ISBN: 978-1-80117-687-3

Book part
Publication date: 23 May 2022

Gbadebo Odularu, Evans Osabuohien, Daniel Ufua and Romanus Osabohien

Following the onset of the coronavirus pandemic, including the evolving health safety regulations, opening and closing of businesses, shortage of healthcare workers, especially…

Abstract

Following the onset of the coronavirus pandemic, including the evolving health safety regulations, opening and closing of businesses, shortage of healthcare workers, especially nurses, restrictions on international travels, and the associated elimination of tourism services, it has been an unprecedented period for companies, communities and governments. These research chapters discuss socioeconomic shocks and development from Africa's experiences with the COVID-19 pandemic. This book has presented national and regional issues that cut across selected United Nations Sustainable Development Goals (UN SDGs), with a specific focus on public health systems, food security, peace or conflicts resolutions, gender diversity, state effectiveness, micro, small and medium enterprises (MSMEs), poverty alleviation, foreign direct investment (FDI), trade and its facilitation, environmental sustainability, green recovery plan and financial inclusion. Based on these coronavirus pandemic related development challenges as contained in this book, the purpose of this conclusion chapter is three-folds: (1) wrap up this edited book project; (2) suggest relevant preparedness strategies for Africa if similar pandemic occurs in the future; (3) propose emerging areas of future research.

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COVID-19 in the African Continent
Type: Book
ISBN: 978-1-80117-687-3

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Book part
Publication date: 23 May 2022

Olanrewaju Omosehin, Joseph Oseni, Adewale Olutumise and Evans Osabuohien

The economic importance of palm oil produced by its producers in food requirement, income generation, production and consumption has led to a significant increase in its demand…

Abstract

The economic importance of palm oil produced by its producers in food requirement, income generation, production and consumption has led to a significant increase in its demand over the years. Thus, this chapter evaluates the effects of palm oil price fluctuations on the welfare of palm oil producers in Nigeria based on annual time series data (1980–2018). In achieving its objectives, the study employs Autoregressive distributed lag model (ARDL). The result establishes the presence of a long-run relationship in the welfare of palm oil producers. The long-run estimates show that palm oil prices had a positive but insignificant relationship with the welfare of palm oil producers. In the short-run estimates, palm oil price and the exchange rate had adverse and significant effects on the welfare of palm oil producers, while the inflation rate positively and significantly influenced welfare. Therefore, the welfare programme should adopt policies that will stabilise the palm oil price and other foodstuffs to increase the standard of living of palm oil producers and raise their literacy levels.

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COVID-19 in the African Continent
Type: Book
ISBN: 978-1-80117-687-3

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Book part
Publication date: 23 May 2022

Daniel Ufua, Olusola Joshua Olujobi, Romanus Osabohien, Gbadebo Odularu and Evans Osabuohien

This chapter explores the adverse effects of COVID-19 lockdown on Nigerian households and offers suggestions for tackling the household conflicts, which is relevant to the…

Abstract

This chapter explores the adverse effects of COVID-19 lockdown on Nigerian households and offers suggestions for tackling the household conflicts, which is relevant to the society, and its contributions towards the broad economic activities in Nigeria. It adopts a conceptual approach, relying on extant literature and other relevant materials. The research draws on these references to project a model of the critical effects of COVID-19 faced by Nigerian households during COVID-19 pandemic. The study highlights the fundamental issues responsible for conflict among households in Nigeria during the COVID-19 pandemic lockdown. Also, it unearths learning about the critical sources of household conflict; and explores the effects on households in Nigeria due to the lockdown. Weak enforcement of the provision of extant laws to curb domestic violence in Nigeria and inadequate punishments prescribed in the laws to discourage household conflicts. The chapter concludes with the need for a better legal framework that can regulate household conflicts. It, also, emphasises on increased government effort to intervene in household challenges, especially during an emergent issue such as COVID-19 pandemic. The study also suggested the need for a broad social services structure in Nigeria that can provide social security to households during an unexpected emerging situation such as COVID-19. The Violence Against Persons laws should be stringently enforced to discourage violence, to protect members of every household in Nigeria and to compensate the victims adequately for any loss or injury suffered due to violation of their rights.

Details

COVID-19 in the African Continent
Type: Book
ISBN: 978-1-80117-687-3

Keywords

Book part
Publication date: 23 May 2022

Akintoye Victor Adejumo, Oluwabunmi O. Adejumo and Uchenna R. Efobi

Informal associations are typical features of farm and non-farm ventures especially within rural communities. Owing to the informality of these associations, members of the groups…

Abstract

Informal associations are typical features of farm and non-farm ventures especially within rural communities. Owing to the informality of these associations, members of the groups usually evolve strategies to cope with different kinds of economic and social shocks such as the COVID-19 pandemic or unexpected economic recessions. Accordingly, entrepreneurship and non-farm business development in rural areas require massive finance input, which this group largely lacks owing to agrarian activities which is the main source of revenue. Therefore, to inform rural development policies, this chapter draws on the interrelationships that exist between finance options (including formal, informal and social networks) and small business development. Using the World Bank Living Standards Measurement Survey – Integrated Surveys on Agriculture (LSMS-ISA), the analytics identifies informal financing and social networks as leading alternatives to formal financing option in rural businesses. Therefore, we suggest that the government institutions recognise and formalise informal finance systems. This will not only aid access to government interventions and programmes, but foster collaborations with existing formal institutions and investors for sustainable rural business financing.

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COVID-19 in the African Continent
Type: Book
ISBN: 978-1-80117-687-3

Keywords

Book part
Publication date: 23 May 2022

Ayodele Asekomeh, Smith I. Azubuike and Obindah Gershon

The concept of a ‘green new deal’ for Africa will provide a joined-up approach to managing the impact of extreme climatic events. In this regard, the United States (US) and the…

Abstract

The concept of a ‘green new deal’ for Africa will provide a joined-up approach to managing the impact of extreme climatic events. In this regard, the United States (US) and the European Union (EU) green deal arrangements offer Africa lessons to consider in a green agenda. By recourse to green theory, which is a critique of existing power structures and nationalistic and political positions concerning climate change, we explore mechanisms for fostering collective action and collaboration through an African green deal. Building on the African Union's existing agencies and arms, this chapter argues that an African Union Green Deal post–COVID-19 is crucial to achieving sustainable economic growth and development within the continent's Agenda 2063. The African continent should take advantage of collaboration opportunities within the continent and the European Union, thereby strengthening its financing and governance structures.

Details

COVID-19 in the African Continent
Type: Book
ISBN: 978-1-80117-687-3

Keywords

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