Associate Professor of Economics

The King's College, New York City
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Working Paper: CSR Strategies in sub-Saharan Africa: Focusing on the Bottom of the Pyramid
October 25, 2017 Jared Pincin Working Papers

With Kimberly Reeve

Abstract:

In sub-Saharan Africa, the number of foreign-owned extractive industries in natural-resource-rich continues to increase. As these multi-national corporations (MNCs) expand, there is increasing pressure from western governments and NGOs for these MNCs to give back to these “resource-cursed” communities through Corporate Social Responsibility (CSR) initiatives. This leads to a need to understand the extent to which a MNC in sub-Saharan Africa should pursue a (CSR) strategy. This paper explores the current challenges of CSR in sub-Saharan Africa through the lens of Carroll’s Pyramid of Social Responsibility, which reflects on a corporation’s pursuit of economic, legal, ethical, and philanthropic responsibilities. With a focus on CSR initiatives that have the most economic benefit to both the MNC and the country in which it operates, this paper suggests that in sub-Saharan Africa, the most challenging aspects of the pyramid are the legal and ethical contexts, as MNCs are often operating in countries with autocratic regimes and differing perceptions on the rule of law. Based on the challenges of having effective CSR initiatives in sub-Saharan countries, this paper will conclude with a recommendation that the most economically effective form of CSR may, in fact, be requiring more accountability on the part of MNCs and focusing on these companies upholding the legal and ethical contexts of Carroll’s pyramid to retain capital in the resource-cursed countries of sub-Saharan Africa.

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curriculum vitae
Education
2004
B.A. Economics and Political Science
American University

2007
M.S. Economics
Auburn University

Thesis Title: Ethanol and Its Effect on the US Corn Market: How the Price of E-85 Influences Equilibrium Corn Prices and Equilibrium Quantity

2011
Ph.D. Economics
West Virginia University

Fields of study: Public Choice and International Development Dissertation Title: Three Essays on the Political Economy of Foreign Aid Practices in the Development Assistance Committee Countries

Experience
2011-Present
Associate Professor of Economics
The Kings's College, New York City

Courses Taught: Microeconomics, Macroeconomics, Intermediate Microeconomics, Intermediate Macroeconomics, Economic Policy, and International Development

Summer 2011
Visiting Instructor
Fulda University of Applied Sciences, Fulda, Germany

Course Taught: Business Ethics and Corporate Governance

2007 - 2011
Teaching Assistant
West Virginia University, Morgantown, West Virginia

Courses Taught: Microeconomics, Macroeconomics, and Comparative Economic Systems

2008 - 2009
Research Assistant
Bureau of Business and Economic Research, West Virginia University, Morgantown, West Virginia

Researched public school transportation needs.

contact
Contact info
  • Name: Jared A. Pincin, Ph.D.
  • E-mail: jpincin@tkc.edu
  • Phone: 212-659-3603

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