Executive summary: This report serves to analyze the external and internal environment of James Hardie and explain the important of managerial ethics and corporation social responsibility. In James Hardie case‚ since the managers solely pursued profit maximization‚ it neglected employee’s safe and health‚ which result in 137 young worker died due to asbestos-related diseases. Money as the single bottom line is increasingly a thing of past. Pursued profit leads to unethical management‚ propagate
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The Inquiry into the James Hardie transactions: whitewashing some very dirty linen The Inquiry is over‚ the heads of agreement are signed and the CEO is appropriately publicly contrite — the matter of the James Hardie Group’s attempt to distance itself from $1.5 billion tort liabilities seems to have been resolved to everyone’s reasonable satisfaction. Should we move on‚ consigning委托 the episode插曲 to the dustbin of understandings of the world’s inevitable moral turpitude不可避免的道德沦丧? If it were
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situations where a director or officer acting on behalf of a corporation personally commits a tort‚ he and the corporation are jointly liable and it is unnecessary to discuss the issue of piercing the corporate veil. The doctrine is often used in cases where liability is found‚ but the corporation is insolvent. Corporations exist in part to shield the personal assets of shareholders from personal liability for the debts or actions of a corporation. Unlike a general partnership or sole proprietorship
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inadequate and misleading communication within the James Hardie Group. It will outline how the company poorly communicated the issue to the public and will also illustrate the importance of effective communication strategies in minimising the impacts that arise from a negative incident. It will also illustrate the importance of communicating clearly‚ transparently‚ ethically and dealing with employees and stakeholders in fair and reasonable manner. James Hardie lead the way with asbestos manufacturing in
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Executive Summary James Hardie Industries Ltd. is an industrial building materials company headquartered in the Netherlands‚ specializing in fibre cement products. James Hardie is a leader in the manufacturing and development of technologies‚ materials and manufacturing processes of durable building materials. For over 20 years‚ Hardie has operated one of the largest research and development facilities devoted solely to fiber-cement technology. Hardie ’s fiber cement siding has a wood
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and directors of the Centro Proprieties Group and Centro Retail Group. The executives included the former chief executive officer and the former chief financial officer as well as directors from the board of Centro. The ASIC was proceeding with the case on the basis that they assumed that the aforementioned had breached their statutory duty of care and diligence owed to the Centro entities and had therefore breached ss 180(1)‚ 601FD(1) and 344(1) of the Corporations Act 2001 (Cth). The directors had
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the political and legal campaign to achieve compensation for victims of asbestos-related illnesses‚ which they developed following a lengthy profession with a corporation called James Hardie Industries Ltd. However‚ all this did come at a very dangerous price‚ a price he did not desire. James Hardie is the CEO of James Hardie Industries Ltd
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Introduction: James Hardie group is one of the Australia largest asbestos manufacturers. The group had been liable for 70% of Australian asbestos consumption. However‚ in February 2007‚ ASIC had started to impose civil proceedings against James Hardie‚ the directors and the officers‚ as ASIC alleged that JHIL and both executive and non-executive had breached their statutory duty. This short research report had outlined the role of ASIC and various penalty that ASIC can impose under Corporation
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JAMES DYSON CASE Introduction You know the feeling when some everyday product lets you down. You wish someone could solve the problem. James Dyson does that. He is a man who likes to make things work better. With his research team he has developed products that have achieved sales of over $10 billion worldwide. In 1978‚ while vacuuming his home‚ James Dyson realized his bag vacuum cleaner was constantly losing suction power. He noticed how dust quickly clogged the pores of the bag and blocked
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Design and Technology Case Study Inventing the Future Submitted by: Teacher: Introduction “Our mission is simple. We solve the problems others s seem to ignore” Biography James Dyson was born on May 2 1947 in Cromer‚ Norfolk‚ England and attended the Gresham’s School
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