Ethics the Company I Am Term Paper

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Any effort that detracts from that objective -- unless that effort is explicitly authorized by the shareholders -- is therefore a breach of duty. The managers of the Company must therefore have the objective of upholding their duty to the shareholders, within the confines of the law. BP will therefore not be providing research funding, compensation or any other form of assistance to the fishermen, without judicial or regulatory order.

It is important that the Department understands the principles that underpin this decision.

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BP does not take this decision lightly, and understands that not all stakeholders will have their needs met as the result of this decision. We regret in particular if this decision causes problems for our steadfast partners at the Department of Environment. However, the managers of the Company has no choice but to undertake activities that fulfill their duty to the shareholders, and in this case that means refraining from becoming involved in this issue any further.

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