1) Bibliographic data
Ottaway, Marina. (2001), “Reluctant Missionaries,” Foreign
Policy, V 125 :44-9.
2) Question(s) addressed by the author and working arguments
The charter company is reemerging. At the forefront of economic globalization,
transnational corporations, which have long pursued their business
in developing countries with little oversight by weak local governments
and even less by the international community, are being targeted by
modern-day missionaries in the form of human rights that cause large
number of casualties, NGO’s hold the company responsible. For
transnational corporations doing business in developing countries the
rules of the game are changing.
Oil companies, because they can not choose where deposits are located,
often operate in conflict ridden, countries governed by unsavoury regimes,
made all the more unsavoury by oil revenue that encourages government
centralization, fiscal irresponsibility, extravagant spending, and corruption.
The oil companies must proactively create positive societal value by
engaging in innovative social investment, stakeholder consultation, policy
dialogue, advocacy and civic institution building.
3) Conceptual references to transnational-transnationalism
Transnational corporations
4) Conclusions or Final Remarks
Oil Companies may be “organs of society,” but they are highly
specialized ones, and their strengths lie not in devotion to democracy
and human rights but in finding, extracting, and distributing oil. The
so-called partnership between NGO’s, developed countries, and transnational
corporations is beginning to look like a game in which each actor tries
to pass the hot potato of reforming reluctant governments to somebody
else.
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