¶ … Glen Whelan of the University of Nottingham discusses the political perspective of corporate social responsibility (CSR), which he claims is but one form of globalization, rather than a consequence of globalization. The distinction is an important one according to Whelan, who argues the political perspective of CSR has not been sufficiently addressed in the literature on business ethics, the humanities or the social sciences. He believes the political activities of multi-national corporations (MNCs) should not be "under the radar," but open and understood. The intended audience of the paper is those who have an academic interest in business ethics. Obviously, one would hope that ethical standards would be, for every corporation, not just a concern but a priority. The focus of this article, however, is not a how-to for chief executive officers, but rather a call for greater research in the field, research that can, presumably, inform instruction in undergraduate and graduate business programs and eventually make principals more aware and accountable for their actions. Whelan makes a number of suggestions for future research...
He suggested that researchers consider business ethics in the context of political philosophy, international relations and even what he terms "foundational philosophy" (Whelan; cited in Hartman and DesJardins, 2008, p. 730) such as the writings of Immanuel Kant. Such a philosophical approach is probably beyond nearly all executives of multi-national corporations -- not that they are incapable of understanding, only that in the face of daily decisions about market share and profits, the philosophical underpinnings of business ethics is lost. Whelan crafts a valid argument for the need to study business ethics, but beyond his esoteric notions, he offers no real practical strategies for bringing ethics to the fore in the world of MCNs.BP Oil Spill Gulf. BP Oil Spill A Detailed Description of the issue 3 The basis of the issue 6 What ethical change, deficiency, or conflict brought it about BP Oil Spill happen Gulf. "BP is in the business of finding oil, refining it, and selling the gas (and propane, etc.) that results. In the course of doing business, BP interacts with a huge range of individuals and organizations, and those interactions bring with them ethical
157) 11 workers killed 04/22/2010 "The Deepwater Horizon rig sank on April 22, 2010, two days after the Macondo well blowout and explosion that killed 11 workers." page 328 (Spill 2011) Extreme Leakage 04/23/2010 "On April 23, the day after the Deepwater Horizon sank, Coast Guard officials said privately they now feared the well could leak at a rate of more than 64,000 barrels per day -- the equivalent of an Exxon Valdez accident every
United Kingdom and Chinese newspaper coverage of BP Oil spill British Petroleum came under severe criticism from around the world when in April 2010 the company lost control of marine drilling operations and caused a major oil spill in Gulf of Mexico. The disaster claimed 11 lives and injured many others. Apart from human loss, the oil spill also resulted in massive loss of precious oil as 205.8 million gallons of
Analysis of the Global View of BPBritish Petroleum (BP) is one of the leading oil and gas companies across the globe with operations in approximately 72 countries. The company has global recognition in the oil and gas industry given its broad range of energy systems in the world. However, the firm�s operations have been affected by various events in its history including the Deepwater Horizon oil spill. The incident remains
BP Oil Disaster Impact and Lessons Learned On April 20, 2010, the BP Deepwater Horizon spill dumped more than 4.1 million barrels of crude into the Gulf region over 87 days (Walsh et al., On the Edge). The oil and gas industry developed new technologies in pursuit of valuable energy supplies, venturing into deeper waters farther from the coastline (National Commission, 85). Regulators, however, failed to keep up with the industrial
2010 BP oil spill in the Gulf of Mexico The Deepwater Horizon oil spill -- cause, effects, and restoration efforts The 2010 Oil Spill in the Gulf of Mexico is the largest accidental marine pollution in the history of petroleum industry and is the result of an uncontrolled release of oil from an oil well that experienced malfunction in the pressure control system. Eleven crew members on the Macondo well died as
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