Enyi , P. E.
Environmental and Social Accounting As An Alternative Approach To Conflict Resolutions In A Volatile and E-Business Environment.
Profits and improvements in world social welfare are the main reasons for
industrialization. However, while governments and business owners are striving to
solve one social problem or the other, these same solution processes scoop up
other problems along the line which inadvertently breed conflicts and
confrontations between the host communities and the owners and operators of
the organizations attempting the solution. This is the position which most oil
producing companies in the Nigerian Niger Delta region as well as some
manufacturing concerns have found themselves. In E-Business, market
domination and monopolistic trade practices have pitched major world players
in the information and communications technology industry against one
another, engendering yet another type of social conflict. This paper believes
that a lot could be done to douse the resulting conflagration and pacify those
directly affected by applying palliative and preventive remedies using the
process of environmental and social accounting aspects of corporate social
responsibility (CSR) policies as a tool.
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