Managerial ethics - Texaco in the Ecuadorean Amazon
Member rating: No Rating | Words: | Submitted: Fri Jan 28 2005
On the left is an image preview of every page of this document, and below are the first 150 words with formatting removed:
BUS 520a - MANAGERIAL ETHICS Case Study #2 Texaco in the Ecuadorean Amazon Submitted by: Aaron Rogers On: October 29, 2004 To: Dr. Gary Barfoot Via: www.turnitin.com Case Study #2: Texaco in the Ecuadorean Amazon Executive Summary Recent lawsuits filed by various Ecuadorean and Peruvian natives to make ChevronTexaco Corporation financially responsible for its alleged involvement in Ecuadorean and Peruvian rainforest pollution have been denied by a U.S. District judge. The plaintiffs allege that ChevronTexaco has violated both oil industry contamination standards and international environmental standards such as the 1972 Stockholm Declaration on the Human Environment to the tune of more than $600 million worth of cleanup costs. Answers to Questions When the Ecuador contract was originally negotiated, Texaco officials surely would have had to have been aware of the political situation in the country. If then, does the awareness of a weak and corrupt government undermine the fact that Texaco followed the laws they were instructed to follow?...


