Abstract: There has been a growing concern on the negative impacts of the activities of multinational corporations on the environment coupled with the lack of environmental consciousness on the part of the citizens which has caused several dangers on the flora and fauna. The study is an examination of the role of Multinational Corporations (MNCs) on the state of environment in Nigeria using Forsgren’s institutionalization theory. The methodology used in this study is mainly the analysis of secondary data from journals, literatures and documentaries. Findings from the study reveal that MNCs in Nigeria focus their energy on making profit at the expense of human well-being and the environment. This is a strong gesture against a holistic sustainable development which ought not to be devoid of the human person’s well-being which is against the ethics of labour and human rights. The study recommends inter alia that there is need for the government to put into consideration environmental impact mitigation in order to enhance means of livelihood. Oil companies should develop an effective culture of spill detection and implement clean-up of the affected communities; It is important that the government ensure an effective delivery of duty by the Department of Petroleum Resources (DRP) especially to see that the Global Memorandum of Understanding (GMoU) signed by the multinational corporations and their host communities are implemented to the later; International oil companies (IOCs) and government should engage members of the host communities in the management of natural resources to ensure a peaceful coexistence.
Keywords: Multinational Corporations, Environment, Pollution, Institutionalization, Forsgren.
Title: FORSGREN’S INSTITUTIONALIZATION THEORY: EXPLAINING THE ROLE OF MULTINATIONAL CORPORATIONS (MNCs) ON THE STATE OF ENVIRONMENT IN NIGERIA
Author: Michael J. Denis, Cosmas Augustine Udom
International Journal of Social Science and Humanities Research
ISSN 2348-3156 (Print), ISSN 2348-3164 (online)
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