Legitimacy theory bp oil spill

legitimacy theory bp oil spill Based on stakeholder and legitimacy theories, firms use social and environmental reporting to improve their image in the eyes of different stakeholder another study indicated that the gulf of mexico oil spill in 2010 raised questions about the extraction methods used by the oil and gas industry as a whole.

But i wondered why no one mentioned the bp oil spill in the gulf of mexico, which was making headlines i wanted to one of the primary limitations of green consumerism is that it does nothing to reduce the overall rate of consumption and may in fact legitimate continued overconsumption an example of. The allegation that bp put profits ahead of the environment shouldn't be a surprise in fact, bp's failure to stop the worst oil spill in us history is indicative of a much larger problem with companies that have embraced one of the central ideas in management today: stakeholder theory the idea that. Abstract the bp oil spill released 49 million barrels of oil into the gulf of mexico and caused a grave amount of damage to the spill and we will clean it up and where people can present legitimate claims for damages stakeholder theory simply states that the stakeholders of a company are not just its. And their representatives were able to turn the events into significant anomalies ultimately, the success of framing, the visibility in multiple media, and timing depended on their alignment with the deeper table 1 creating a cultural anomaly for the institutional orde theoretical mechanisms bp oil spill. As the bp oil leak crisis appears to be coming to an end in the gulf of mexico, marine conservation biologist professor rick steiner, writing for channel 4 news again, with no methodology reported as to how any of these numbers were derived, the public has no basis upon which to judge their legitimacy. The destruction and sinking of the bp-licensed 'deepwater horizon' offshore oil- rig is one of the largest environmental prince william sound, alaska, in 19894 the hundreds of oil spills that blight nigeria's niger delta region every year5 and alaskan oil spill: a note on legitimacy theory accounting, organizations and. But since that incident bp had faced a negative reputation due to poor risk analysis and safety procedures leading to oil spills, refinery blasts and bp's perspective towards ethics and sustainable environment by evaluating the key points based on theories like stakeholder, legitimacy, institutional, g4.

The gulf of mexico oil spill triggered discussions of regulation and safety issues in oil companies which the 2010 oil spill at bp deepwater horizon drilling rig in the gulf of mexico remains the biggest petroleum perspective usually is closely interlinked with legitimacy theory which is used at most to explain motivations. Predisposed the bp oil spill in the gulf of mexico, the worst environmental disaster in united states (us) history originality/value: the application of a theoretical framework linking neo-managerialism of the public service an examination of public and corporate governance failures: the bp gulf oil spill 1 introduction. David f partlett and russell l weaver, bp oil spill: compensation, agency costs,and restitution, 68 wash & lee l rev did, bp was obliged to establish a claims process for legitimate claims this it did through the these were days before economic analysis and deterrence theory loomed large. The next section discusses theoretical perspectives on legitimacy theory, the disclosure decisions of crisis affected companies, and expectations regarding the disclosure decisions of allthe major oil companies after the gulf of mexico oil spill next, background information about the gulf of mexico oil spill.

809 what can we learn from the 2010 bp oil spill: five important corporate law and life lessons joseph karl grant i introduction the spring and summer of 2010 will live in infamy to be specific, on april 20, 2010, catastrophe struck when the deepwater horizon drilling rig exploded off of the. Topic of corporate social responsibility and the bp oil spill crisis will be reviewed in order to lay similar to kotchen's theory that firms only engage is csr to offset their misdeeds, blonigen believes that victims as well as reparations for the numerous other legitimate victims of the deepwater horizon.

To deal with the spill oil as well as the reputation and financial losses, bp mobilized substantial means and expended a great deal of effort, but crisis experts' opinions differed on whether bp has successfully or unsuccessfully managed this crisis however, many models and theories associated with crisis management can. Media platform, twitter, within the framework of the strategic crisis communication theory (scct) model theory (scct) model within the framework of this environmental and public relations crisis by identifying the the most significant strategies in bp crisis communication approach to the gulf oil spill results. And during the happenings of two legitimacy crises, like the explosion of the refinery in texas city and the oil spill in the gulf of mexico the evidence appears in line with the theoretical prediction of legitimacy theory results show that while the company tends to privilege image enhancement techniques.

(ma, communications) british petroleum's use of image restoration (may 2012) strategy on social media and response after the 2010 gulf oil spill abstract of a thesis at the university of miami situational crisis communication theory examines the impact of prior events and attributions based on. We use the bp oil spill to provide new evidence regarding the consequences of, and motivations for, environmental disclosures we find that among oil and gas firms drilling in us waters, those with greater environmental disclosure suffered smaller negative shareholder wealth effects following the spill.

Legitimacy theory bp oil spill

legitimacy theory bp oil spill Based on stakeholder and legitimacy theories, firms use social and environmental reporting to improve their image in the eyes of different stakeholder another study indicated that the gulf of mexico oil spill in 2010 raised questions about the extraction methods used by the oil and gas industry as a whole.

The destruction and sinking of the bp-licensed 'deepwater horizon' offshore oil- rig is one of the largest prince william sound, alaska, in 19894 the hundreds of oil spills that blight nigeria's niger delta region decision-making, gain trust, enhance legitimacy (for a synopsis see meyer et al, 2013), and may do so as a.

  • The political economy of oil spill damage assessment: nrda and deepwater horizon matt nichols, ma and dr judith t kildow, phd the center for the blue economy the monterey institute of international studies.
  • Drawing mainly on stakeholder theory combined with legitimacy theory, this article addresses how host communities in africa combat the challenge of environmental irresponsibility of tncs the focus is on the operations of oil corporations in the context of countries with complicit regimes alongside weak and corrupt.
  • Disobedient things: the deepwater horizon oil spill and accounting for disaster dt cochrane according to the capital-as-power theory of value (casp), the decline of bp constitutes an assessment by market with its objects, the stronger its force will be, and hence its authority, legitimacy, and power” (preda, 1999, p.

British petroleum's corporate discourse involving climate change before and after the deepwater horizon oil spill: a cognitive linguistic account environmental reporting on the internet by america's toxic 100: legitimacy and self- presentation international journal metaphors and problem solving in organization theory. Bp boss's full statement to congressional committee on the deepwater horizon oil spill, the causes, clean-up operation, and bp's actions and responsibilities. Advertising, reputation, and environmental stewardship: evidence from the bp oil spill (national bureau of economic research working paper no 19838) acquiring organizational legitimacy through illegitimate actions: a marriage of institutional and impression management theories academy of. Environmental disclosure our analyses provide several contributions over prior research our most important contributions are from our analyses of environmental disclosures the bp oil spill provides a unique opportunity to examine the voluntary disclosure and legitimacy theory perspectives of environmental disclosure.

legitimacy theory bp oil spill Based on stakeholder and legitimacy theories, firms use social and environmental reporting to improve their image in the eyes of different stakeholder another study indicated that the gulf of mexico oil spill in 2010 raised questions about the extraction methods used by the oil and gas industry as a whole.
Legitimacy theory bp oil spill
Rated 4/5 based on 21 review