Libya After Qaddafi: Lessons and Implications for the Future

Chivvis, Christopher S.; Martini, Jeffrey

doi:10.7249/rr577

Cited by 35 publications

(25 citation statements)

References 3 publications

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“…The sample consists of all oil and gas companies operating in the Libyan oil and gas industry for the period 2009-2013. As some companies had already left the country due to the on-going conflict and lack of security in Libya (Chivvis & Martini, 2014), 28 firms with a total of 112 firm-years observations were gathered. The final sample consisted of only 106 firm-years observations, due to missing and incomplete information of 6 annual reports.…”

Section: Samplementioning

confidence: 99%

Ownership types, corporate governance and corporate social responsibility disclosures

Alshbili

Elamer

Beddewela

2019

ARJ

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Purpose This study aims to examine the extent to which corporate governance structures and ownership types are associated with the level of corporate social responsibility disclosures (CSRD) in a developing country. Design/methodology/approach Multiple regression techniques are used to estimate the effect of corporate governance structures and ownership types on CSRD using a sample of Libyan oil and gas companies between 2009 and 2013. Findings First, the study results suggest that although the level of CSRD in Libya is low in comparison to its western counterparts, ownership factors have a significant positive influence on CSRD. Second, the authors find board meetings to have a positive impact on CSRD. However, the authors fail to find any significant effect of board size and presence of corporate social responsibility (CSR) committees on CSRD. Overall, the results support prior theoretical evidence that pressures exerted by the government and external stakeholders have a considerable influence in promoting firm-level CSRD activities, specifically as a legitimising mechanism in fragile states. Research limitations/implications First, this study is based on the annual reports, and it did not examine any other reports or other mass communication mechanism that companies’ management may use to disclose CSR information. Future studies might consider disclosures in other channels, if any, such as the internet, CSR reports, etc. Additionally, this study adopts the neo-institutional theory perspective. Future studies might integrate multi-theoretical lenses to offer a richer basis for understanding and explaining CSRD determinants. Originality/value This study contributes to the literature by first providing additional evidence for existing studies, which suggest that on average, better-governed companies are more liable to follow a more socially responsible agenda than poorly governed companies as a legitimising mechanism in fragile states. Also, this study overcomes a major weakness in existing Libyan studies, which have mainly used descriptive data.

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Section: Samplementioning

confidence: 99%

Ownership types, corporate governance and corporate social responsibility disclosures

Alshbili

Elamer

Beddewela

2019

ARJ

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“…This was accomplished with a heavy price. Different bodies forwarded different numbers of deaths and injuries during the revolution, but the majority agreed that at least 30,000 people were killed and 50,000 people wounded as the result of the revolution (Chivvies and Martini, 2014).…”

Section: Consequencementioning

confidence: 99%

“…Of these some needs to be integrated to regular armed forces; some to join the border police, some to be the oil guards, some civil-service jobs and the remaining wanted to start their own businesses (Chivvies and Martini, 2014). The absence of strong bureaucracy to augment these and the difficulty of identifying these young whether they are veterans or not also further complicated the process.…”

Section: Weaknesses Of the Ntc And Gncmentioning

confidence: 99%

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Libya: Relapse in to Crisis After Muammar Gaddafi (Since 2011)

Jalu¹

2017

IJPSLIR

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“…90 The lack of a stabilization force in Libya undermined postconflict stability and institution-building. 91 The potential for vendetta killings and population expulsions in postconflict states is well documented since Europe after World War II. 92 Unless measures are taken to prevent it, such violence is possible…”

Section: Postconflict Securitymentioning

confidence: 99%