An Assignment of Business Ethics & Corporate Governance CASE STUDIES Module I BHOPAL GAS TRAGEDY December 3‚ 2009‚ marked the 25th anniversary of the world’s worst ever industrial disaster - the gas leak that occurred at Union Carbide India Ltd’s (UCIL) pesticide plant in Bhopal (Madhya Pradesh‚ India). The tragedy that instantly killed more than 3‚000 people and left thousands injured and affected for life‚ occurred when water entered Methyl Isocyanate (MIC) storage tank No. 610
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Vision‚ Values‚ Value-Added: Integrating Corporate Citizenship into Operating Practices* Sandra Waddock Boston College Carroll School of Management Chestnut Hill‚ MA 02467 617-552-0477 F: 617-552-0433 waddock@bc.edu Vision‚ Values‚ Value-Added: Integrating Corporate Citizenship into Operating Practices Abstract Leading corporate citizenship today demands an integrated—or integral—perspective on the way that a company articulates its purposes and how it operates day-to-day with respect to
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percentage = 8.73% The profit for the coming years will increase significantly because the Emi is only for a year. Corporate Social Responsibility (CSR) – The societal responsibility of companies The voluntary compliance of social and ecological responsibility of companies is called Corporate Social Responsibility (CSR). Corporate social
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Introduction Since its establishment‚ Toyota has been dedicated to be a company with great social responsibilities‚ adhering to the direction of "safety‚ environmental protection and education" to make contribution to the society. It enhance enterprise values with love and dedication‚ and furthermore‚ the concept has been rooted into the marketing system‚ promoting the three-step strategy of "first manufacturers‚ distributors following up‚ and customer participating" for community projects of Toyota
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more to social responses. Each judgment has its own reasons which this research sought to analyze. Based on that‚ certain social obligations of business will be addressed with evidences‚ showing their necessary of being more responsible to social outcomes. Key words: corporate social obligation‚ shareholders‚ corporate profit‚ social responsibility Introduction There has been a long debate on the role of business in society. Some people agreed with argument of: “The social obligation
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ESSAY It is the responsibility of government not businesses to protect the environment‚ Discuss. By‚ Asfand yar hameed ESSAY PLAN INTRODUCTION Thesis statement: Protecting the environment is not only a social responsibility of all businesses‚ but government ’s duty as well. BODY Paragraph 1 environment affected by businesses. Business being a greater danger to the environment than any other domestic activity (Fieser‚ J. 2010) Corporate sector being resistant to environmental
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Impact of Technology and Workforce Diversity on the Corporate Sector | Keerthi Purushothaman III B.A. Corporate Economics 10CEM28 | Introduction With the onset of globalization‚ the corporate sector has transformed in many ways. It has adopted new work policies and adapted to new technologies. The impact of technology and workforce diversity on corporates is an area of growing importance. In a multicultural nation such as India‚ workforce diversity has a huge impact on business. With
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on 16 April 2013 a proposal for a directive enhancing the transparency of certain large companies on social and environmental matters. This Directive amends the Accounting Directives (Fourth and Seventh Accounting Directives on Annual and Consolidated Accounts‚ 78/660/EEC and 83/349/EEC‚ respectively). The objective is to increase EU companies’ transparency and performance on environmental and social matters‚ and‚ therefore‚ to contribute effectively to long-term economic growth and employment. Companies
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while some people disregard the responsibility by companies as corporate suicide (Tine 2012). Reviewing the article‚ Why companies can no longer afford to ignore their responsibilities‚ it is noticeable that various people with various qualifications in business and economic administration have disregarded this aspect of business operations (Tine 2012). For example‚ Nobel laureate Milton Friedman argued on a published article that corporate social responsibility was a hypocritical window-dressing
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Accounting Forum 28 (2004) 1–5 Introduction Social and environmental accounting: trends and thoughts for the future Over the years Accounting Forum has explored different possible directions for the field of social and environmental accounting. With a new publisher—Elsevier—it is our hope that we shall reach new markets and opportunities. In recent issues‚ these explorations have been extended to theorising the role of accounting in transnational global processes‚ and to the channels of global
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