The Disaster Damaged Bhp s Reputation And Benefits

As the shareholder of Samarco, the disaster damaged BHP s reputation and benefits. BHP needs to prepare huge funds for the clean-up bill, potential fines and compensation for those injured or killed people. In stock market, BHP took a beating in trade after the disaster. BHP fell 5.7 per cent in London and grappled with the lowest iron prices in a decade. The exact cause of the burst dam is unclear because the investigation is still continuing. However, a 2013 assessment by the independent Brazilian organisation highlighted concerns about the integrity of the tailings dam and recommended against renewing the licence which was ignored by Samarco (Ricardo, 2016). people have doubted that whether other tailings dams of BHP around the world is structurally sound and raised eyebrows about how they manage the risks at other operations. The disaster raised the suspicion of dependability of tailings dams at other mines owned by BHP. Besides, this disaster reminded people of past failures inc luding the collapse of the BHP Ok Tedi tailings dam in the late of 20st century which is also considered as one of the worst environmental disaster (3). More and more people begin to criticize the operation way of BHP and lose the confidence for BHP due to their failure of diligence responsibilities. The following paragraph on this essay will discuss and analyze whether BHP’s behaviour is ethical or unethical through shareholder and stakeholder theories. The shareholder theory wasShow MoreRelatedBritish Petroleum (Bp) Case Study Essay5543 Words   |  23 PagesPetroleum if we exclude the accident in Mexican Sea has a huge respect and reputation as a stable, developing and profitable corporation. 9 3. Recommendations and implementations 11 3.1. Recommendation A: Establish a trust fund with other oil super-majors 11 3.1.1 Implementation plan for recommendation A 11 3.2. Recommendation B: promotion and PR its past achievements and awards and also continuing building positive reputation 12 3.2.1. Implementation plan for recommendation B 12 4. ConclusionRead Morepaul hoang answers72561 Words   |  291 Pagessuch cases. Since the Answer Book is 178 pages long, colleagues may find the use of ‘short keys’ useful when searching for answers. By pressing the and keys together, you will be prompted by a pop-up menu. Type in the question number or key word(s) you are seeking answers for (e.g. ‘2.8.3’ or ‘Bausch Lomb’) and press and the answers should appear right in front of you! I hope that you and your students will find the answers (and they are only suggested answers at best) useful in the teachingRead MoreExploring Corporate Strategy - Case164366 Words   |  658 Pagesfrom mature markets to emerging ones; new product adoption is not keeping pace with the loss of patent protection . . . specialty and niche products are playing a larger role; and regulators, payers and consumers are more carefully weighing the risk/beneï ¬ t factors of pharmaceuticals.1 This case explores some of the trends affecting the ethical (research-based) sector of the industry and invites readers to prepare their own analysis. Industry evolution As described in Box 1, the pharmaceuticalRead MoreTransforming Total Sales into Net Profits51271 Words   |  206 Pagesresource planning systems), but over the past few years, the practice slid rapidly downhill. Even worse, many of the clients complained that their tens of millions of dollars spent on consulting and technology had failed to yield any bottom-line benefits. Jordan’s job was to find new ways for the worldwide practice to deliver real bottom-line value to clients. His initial response to Eli’s premise was, â€Å"For the average company, you are talking about more than doubling profits every year! Most CEOsRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pagesand permission should be obtained from the publisher prior to any prohibited reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, rec ording, or likewise. To obtain permission(s) to use material from this work, please submit a written request to Pearson Education, Inc., Permissions Department, One Lake Street, Upper Saddle River, New Jersey 07458, or you may fax your request to 201-236-3290. Many of the designations by manufacturers