Stakeholder Engagement: The Case of the Russian Largest Oil and Gas Companies

The study aims to analyse the practice of stakeholder management in seven largest Russian oil and gas companies. The methodological basis includes the stakeholder concept, the concept of corporate social responsibility and the concept of corporate sustainability. The author verifies a number of hypo...

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Autor principal: Bataeva B.S.
Formato: article
Lenguaje:RU
Publicado: Ural State University of Economics 2018
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Acceso en línea:https://doaj.org/article/d15039d168de45ac9b1b67388a512ef6
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spelling oai:doaj.org-article:d15039d168de45ac9b1b67388a512ef62021-12-02T01:27:50ZStakeholder Engagement: The Case of the Russian Largest Oil and Gas Companies10.29141/2218-5003-2018-9-4-32218-5003https://doaj.org/article/d15039d168de45ac9b1b67388a512ef62018-09-01T00:00:00Zhttp://upravlenets.usue.ru/images/74/3.pdfhttps://doaj.org/toc/2218-5003The study aims to analyse the practice of stakeholder management in seven largest Russian oil and gas companies. The methodological basis includes the stakeholder concept, the concept of corporate social responsibility and the concept of corporate sustainability. The author verifies a number of hypothesis, such as active engagement with the first level stakeholders, especially the state; stakeholder engagement is implemented by a Department for Corporate Social Responsibility and(or) a Department for Sustainable Development; the higher the degree of a company’s transparency, the more the issues of stakeholder engagement are revealed. The research method is a case study of seven Russian oil and gas companies, which allows not only identifying internal processes of stakeholder engagement within these companies, but also conducting a comparative analysis of stakeholder management. The information base includes the companies’ official websites, annual and non-financial reports, as well as АА1000SES, GRI G4, GRI Standards. The author provides a definition of stakeholder management and discusses the companies’ key stakeholders and divisions engaging with stakeholders, engagement instruments, etc. The research results disprove the first and second hypotheses and confirm the third hypothesis. The paper proposes measures to enhance interaction with stakeholders of the companies examined.Bataeva B.S.Ural State University of EconomicsarticleCORPORATE SOCIAL RESPONSIBILITYSTAKEHOLDERSTAKEHOLDER ENGAGEMENTSTAKEHOLDER MANAGEMENTMANAGEMENT INSTRUMENTMANAGEMENT STANDARDBusinessHF5001-6182FinanceHG1-9999RUУправленец, Vol 9, Iss 4, Pp 20-27 (2018)
institution DOAJ
collection DOAJ
language RU
topic CORPORATE SOCIAL RESPONSIBILITY
STAKEHOLDER
STAKEHOLDER ENGAGEMENT
STAKEHOLDER MANAGEMENT
MANAGEMENT INSTRUMENT
MANAGEMENT STANDARD
Business
HF5001-6182
Finance
HG1-9999
spellingShingle CORPORATE SOCIAL RESPONSIBILITY
STAKEHOLDER
STAKEHOLDER ENGAGEMENT
STAKEHOLDER MANAGEMENT
MANAGEMENT INSTRUMENT
MANAGEMENT STANDARD
Business
HF5001-6182
Finance
HG1-9999
Bataeva B.S.
Stakeholder Engagement: The Case of the Russian Largest Oil and Gas Companies
description The study aims to analyse the practice of stakeholder management in seven largest Russian oil and gas companies. The methodological basis includes the stakeholder concept, the concept of corporate social responsibility and the concept of corporate sustainability. The author verifies a number of hypothesis, such as active engagement with the first level stakeholders, especially the state; stakeholder engagement is implemented by a Department for Corporate Social Responsibility and(or) a Department for Sustainable Development; the higher the degree of a company’s transparency, the more the issues of stakeholder engagement are revealed. The research method is a case study of seven Russian oil and gas companies, which allows not only identifying internal processes of stakeholder engagement within these companies, but also conducting a comparative analysis of stakeholder management. The information base includes the companies’ official websites, annual and non-financial reports, as well as АА1000SES, GRI G4, GRI Standards. The author provides a definition of stakeholder management and discusses the companies’ key stakeholders and divisions engaging with stakeholders, engagement instruments, etc. The research results disprove the first and second hypotheses and confirm the third hypothesis. The paper proposes measures to enhance interaction with stakeholders of the companies examined.
format article
author Bataeva B.S.
author_facet Bataeva B.S.
author_sort Bataeva B.S.
title Stakeholder Engagement: The Case of the Russian Largest Oil and Gas Companies
title_short Stakeholder Engagement: The Case of the Russian Largest Oil and Gas Companies
title_full Stakeholder Engagement: The Case of the Russian Largest Oil and Gas Companies
title_fullStr Stakeholder Engagement: The Case of the Russian Largest Oil and Gas Companies
title_full_unstemmed Stakeholder Engagement: The Case of the Russian Largest Oil and Gas Companies
title_sort stakeholder engagement: the case of the russian largest oil and gas companies
publisher Ural State University of Economics
publishDate 2018
url https://doaj.org/article/d15039d168de45ac9b1b67388a512ef6
work_keys_str_mv AT bataevabs stakeholderengagementthecaseoftherussianlargestoilandgascompanies
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