Ethics and Social Responsibility What Research Proposal

Total Length: 559 words ( 2 double-spaced pages)

Total Sources: 0

Page 1 of 2



4) if the World Bank and Chad's government fail to settle their dispute over amendments to the Petroleum Revenue Management Law, what should the consortium do? Should they make funds available to Chad's government in defiance of the World Bank's wishes?

The consortium was the primary investor in the project and the case reveals no agreement between consortium members and the World Bank to help enforce the Petroleum Revenue Management Law. Thus, from a financial and legal perspective, the consortium should make funds available to Chad's government. However, from a corporate social responsibility perspective, the consortium should not make the funds available, but should instead back the World Bank. This move would help to protect other international interests and corporate reputations. These factors, in the long-term, could more than compensate the oil companies for lost revenues in Chad.

5) Subsequent to the signing of the pipeline agreement, world oil prices have increased substantially.

Stuck Writing Your "Ethics and Social Responsibility What" Research Proposal?

Given the abject poverty of Chad, should the oil companies offer to increase the royalties paid to Chad's government once its dispute with the World Bank is settled?

Once again, the oil companies have no legal obligation to increase the royalties paid to Chad's government, but should consider doing so in the interest of fair trade, a movement to pay fair prices to producing countries, and corporate social responsibility. In this instance, ethical conduct on the part of the oil companies could set an example for Chad to itself behave in a more socially responsible manner. and, it could motivate the World Bank to participate in even more projects with the oil companies who increasingly have a negative public perception of their….....

Show More ⇣


     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Ethics And Social Responsibility What" (2009, October 19) Retrieved May 6, 2024, from
https://www.aceyourpaper.com/essays/ethics-social-responsibility-18464

Latest MLA Format (8th edition)

Copy Reference
"Ethics And Social Responsibility What" 19 October 2009. Web.6 May. 2024. <
https://www.aceyourpaper.com/essays/ethics-social-responsibility-18464>

Latest Chicago Format (16th edition)

Copy Reference
"Ethics And Social Responsibility What", 19 October 2009, Accessed.6 May. 2024,
https://www.aceyourpaper.com/essays/ethics-social-responsibility-18464