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For this Discussion, first READ:
Ethics – Relationship of Corporate Governance to Corporate Social Responsibility
and eReserve Required Readings re: BP Gulf Oil spill and corporate social responsibility (CSR) Readings.
PROMPT:
What was key corporate decision point that defines BP’s ethical dilemma in this case study? Which ethical frameworks characterizes BP’s decision? In your initial Discussion post, be sure to include the following three areas:
Explain how the philosophy of Milton Friedman might have played a role in BP management’s decisions leading up to the disaster.
Explain the role of the ethical framework called “egoism” in the decisions made by BP relating to this disaster.
Explain how CSR and theories of sustainability such as triple bottom line could have led BP to make different decisions and avoid the disaster. What would have been the corporate considerations and decision making process?
https://www.epa.gov/enforcement/deepwater-horizon-bp-gulf-mexico-oil-spill#settlement
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