commerce

Essay by yer1992 April 2014

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Name: Yer Yan Dong

Student ID number: J11008198

Tutorial Group: (Comm101)

Lecturer: Kingston Knight

Date: 23/8/11

Case Study Question 2.2 (pg 95 - 96)

Does a corporation owe its first loyalty and moral responsibility to the financial interests of its owners or to the local community and its employees who are affected by its operations?

As a normal citizen, I would like a corporation owe its first loyalty and normal responsibility to the local community and its employees who are affected by its operations. (Of course, that is because I am not the beneficial owner, or I may would a different answer.) Therefore, I think that a corporation should standing in the situation of local community and its employees.

Are the differing economic circumstances of an Indian worker compared to that of a US worker sufficient grounds for awarding lower compensation?

What moral justification might Union Carbide USA have given for its use of forum non conveniens ?