Journal article

Social investment through community enterprise: The case of multinational corporations involvement in the development of Nigerian water resources

E Nwankwo, N Phillips, P Tracey

Journal of Business Ethics | Published : 2007

Abstract

This paper examines the different mechanisms used by multinational corporations (MNCs) in Nigeria seeking to make long-term social investments by meeting the critical challenge of improving water provision. Community enterprise - an increasingly common form of social enterprise, which pursues charitable objectives through business activities - may be the most effective mechanism for building local capacity in a sustainable and accountable way. Traditionally, social investments by MNCs have involved either donations to a charity, which then assumes responsibility for delivering social outcomes, or direct management of social investment in-house. These approaches have been criticized, however,..

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University of Melbourne Researchers

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