Money, William H. and Money, Katherine E. (2024) A review of natural resource extraction industries and their influence on the occurrence of poverty. Journal of Strategy and Management. ISSN 1755-425X
Full text not available from this repository.Abstract
Purpose: This research paper takes a narrow approach to examining the apparent link between poverty and the resource extraction industries. However, it acknowledges that much more is to be explored about this relationship. Many complexities influence the occurrence and degree of poverty in a particular country, region, or community. Design/methodology/approach: The literature review identified proposed and operational poverty reduction actions and processes categorized under the broad concept of community development projects. The surveyed cases describe how various corporate strategies, work processes, labor requirements and efficient management and governance solutions are purported to improve poverty-reduction efforts potentially. Findings: No causal linkages between poverty and hypothetically valuable and successful community development projects were found. No poverty monitoring evaluations and learning data (MEL) for these projects were proposed and published in most of the literature. However, associations were observed between some business practices implemented in these resource extraction community development projects and observations of indicators of lower poverty levels. Practical implications: The research improves our understanding of the requirements and opportunities for successful community development projects by highlighting processes, company strategy, human resource programs and enlightened governance that can contribute to reducing poverty. Originality/value: The paper identifies the characteristics of community development projects that appear to span natural resource extraction industries and countries. Effective management strategies and representative and formally designated organisational governance boards are essential for these projects.
| Item Type: | Article |
|---|---|
| Official URL: | https://www.emerald.com/insight/publication/issn/1... |
| Additional Information: | © 2024 Emerald Publishing Limited. |
| Divisions: | LSE |
| Subjects: | H Social Sciences > HC Economic History and Conditions H Social Sciences > HD Industries. Land use. Labor |
| Date Deposited: | 31 May 2024 13:27 |
| Last Modified: | 16 Nov 2024 23:39 |
| URI: | http://eprints.lse.ac.uk/id/eprint/123710 |
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