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FACTORS INFLUENCING VOLUNTARY SUSTAINABILITY REPORTING FOR OIL AND GAS COMPANIES IN TANZANIA

Business Management Review

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Title FACTORS INFLUENCING VOLUNTARY SUSTAINABILITY REPORTING FOR OIL AND GAS COMPANIES IN TANZANIA
 
Creator Christopher, Emmanuel; University of Dar es Salaam
Chalu, Henry; University of Dar es salaam
 
Description This article examines factors influencing voluntary sustainability reporting for the oil and gas sector in Tanzania. The sector was considered due to its potentiality for economic development. The population of the study was oil and gas companies operating in upstream, midstream, or downstream. Factor analysis was applied to group the factors and obtain variables which were regressed to test their significance in determining voluntary sustainability reporting. The study used non-probabilistic sampling and data was collected through a survey. It was revealed that perceived benefits, NGOs and the media significantly influence voluntary sustainability reporting, while top management support, governmental regulations and professional involvement do not. From the findings of the study, it is recommended that advocates of voluntary sustainability reporting should capitalise on creating awareness on perceived benefits, NGOs and the media. It is also recommended that more attention should be dedicated to making organisations themselves perceive the benefits of sustainable reporting rather than paying a lot of attention to governmental regulations, governmental support, professional involvement and management support factors.
 
Publisher University of Dar es Salaam
 
Contributor
 
Date 2020-05-05
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://journals.udsm.ac.tz/index.php/bmr/article/view/3283
 
Source Business Management Review; Vol 22, No 1 (2019): Special Issue on Oil and Gas; 130-149
2546-213X
0856-2253
 
Language eng
 
Relation https://journals.udsm.ac.tz/index.php/bmr/article/view/3283/3197
 
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