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Female employment discrimination
Walmart corporate responsibility
Walmart corporate responsibility
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A stakeholder’s morals and issues rotate around the connections that they have with their Shareholders. In this case study the stakeholder Wal-Mart Inc. had been demonstrating discriminatory actions toward certain shareholders such as their female employees. (Ferrell, Fraedrich & Ferrell, 2013). For instance, take the Wal-Mart v. Dukes case. This case included a group of women that sued their company on the basis of discrimination. The discrimination consisted of the way they treated women when it came to their pay, promotions, and disabilities. Led by plaintiff Betty Dukes, they alleged gender discrimination in standard policies that had affected everybody. Initially, the district court decided to certify a class action suit as the
(Cheeseman2013) In the National Labor Relation Board v Shop Rite Foods case some employees of Shop Rite Foods of Texas elected a worker union as a Bargaining agent for a collective bargaining agreement for over 3 months the agreement was still not settled. Then ShopRite began to notice a lot of it merchandise being damaged in the warehouse. They determined that the damage was being intentionally being caused by dissident employees as a pressure tactic to secure concessions from the company in the collective bargaining negotiations.
Her little boy wasn't expected to make it through the night, the voice on the line said (“Determined to be heard”). Joshua Deshaney had been hospitalized in a life threatening coma after being brutally beat up by his father, Randy Deshaney. Randy had a history of abuse to his son prior to this event and had been working with the Department of Social Services to keep custody over his son. The court case was filed by Joshua's mother, Melody Deshaney, who was suing the DSS employees on behalf of failing to protect her son from his father. To understand the Deshaney v. Winnebago County Court case and the Supreme courts ruling, it's important to analyze the background, the court's decision, and how this case has impacted our society.
When a collection of people with common ideals and values congregate into a group for the means of political gain, they become a much greater presence than if they remained individuals. Whether through singular interest groups or through national political parties, they acquire the power to influence change in the political system, determined to see their viewpoints prevail. This practice was apparent at the time of McDonald v. Chicago. In the time period before the McDonald v. Chicago ruling, numerous people, either through interest groups or political parties, sought the influence the court’s decision and ensure that their viewpoints towards the matter of firearms predominated in the court of law.
Wal-mart is currently the world’s largest company. It has seen continuous growth and financial success since it was founded in 1962. Today it is living off of a previous reputation of solid ethical business practices that are no longer being exercised. Sam Walton, the founder of Wal-mart, was considered to be “freakishly cheap… Cost-cutting was an obsession in the Wal-mart culture… on business trips, everyone, including the boss, flew coach, and hotel rooms were always shared.” (reclaimdemocracy.org. 2006). This was only part of the reason for Sam Walton’s success.
In most cases, profits and social welfare are at odds. In such a case, business executives being answerable to shareholders are likely to focus on the profit-making aspect of the business rather than going against the interest of their shareholders by promoting social welfare at the expense of profits. In addition, research shows that companies actively involved in Corporate Social Responsibility efforts are more likely to be targeted by activists (Kress, 2011). In fact, it has been established that many companies initiate corporate social welfare projects when they stand to gain from those projects. For example, automakers resulted to creating fuel-efficient vehicles when they became profitable; similarly, energy conservation became an important CSR activity when the cost of energy became very costly. As such, the companies are benefiting their society as they follow their own
Furthermore, he believed that any corporation assuming a more socially responsible attitude would be met with economic limitations, rendering them less competitive in the market area (Friedman, 1970). R.E. Freeman’s ‘Stakeholder theory’ is often seen as a better alternative to Friedman’s ‘Shareholder primacy theory’. Both the Stakeholder theory and Shareholder theory are normative theories explaining what a corporations social responsibilities ought to be and both adopt a similar stance on management’s accountability (Smith, 2003). However, the Stakeholder theory states that a manager’s duty is not only to focus on shareholder’s interests, but also to balance them against the interests of the company’s other stakeholders. Freeman believes that managers should take into account their customer’s, supplier’s and employee’s interests, even if it brings about a decrease in shareholder returns (Smith, 2003). This is being expanded on because Freeman believes that if Friedman were alive today, he would be a supporter of his Stakeholder Theory. Simply because, in today’s day and age, globalization and increased competition in the markets has led to corporations having to rely not only their shareholders for support but on all their stakeholders (Makower,
Dred Scott, an African American man who was born into slavery, wanted what all slaves would have wanted, their freedom. They were mistreated, neglected, and treated not as humans, but as property. In 1852, Dred Scott sued his current owner, Sanford, about him, no longer being a slave, but a free man (Oyez 1). In Article four of the Constitution, it states that any slave, who set foot in a free land, makes them a free man. This controversy led to the ruling of the state courts and in the end, came to the final word of the Supreme Court. Is he a slave or a free man?
Ciulla, J. B., Martin, C. W., & Solomon, R. C. (2007). Is "The Social Responsibility of Business... to Increase Its Profits"? Social Responsibility and Stakeholder Theory. Honest work: a business ethics reader (pp. 217-253). New York: Oxford University Press.
In recent years, companies are becoming socially responsible and now stakeholders almost expect a company to have CSR policies. Therefore, in twentieth century, corporate social responsibility (CSR) became an important development in public life (Barnett, ND).Corporate social responsibility is defined as “the ways in which an organisation exceeds the minimum obligations to stakeholders specified through regulation and corporate governance” (Johnson, Schools and Whittington, N.D cited in March, 2012). Stakeholders can be defined as “those individuals or groups who depend on the organisation to fulfil their own goals and on whom, in turn, the organisation depends” (Johnson, Schools and Whittington, N.D cited in March, 2012). There are many purposes for this essay, the first purpose is to descried the key principles of corporate social responsibility and explain their importance for stakeholders. Secondly, is to show how far this company follows those principles in order to be accountable to at least three of its stakeholders. In this essay, three stakeholders, environment, customers and employees will be evaluated respectively and the key principles of the stakeholders will be examined.
Although the net that is cast over those considered is large, attempting to appease everyone is not only a noble goal, but a sound one as well. It is not possible to make everyone happy, but the act of trying can alleviate concerns a stakeholder might have. This stakeholder theory shares many similarities to the humanity formulation of categorical imperative. The shareholder theory is using employees and such as only a means to an end whereas the stakeholder also holds these employees as an
Evan, W. M., & Freeman, R. E. (1988). A stakeholder theory of the modern corporation: Kantian
Corporate social responsibility is an altruistic deontology established as a self guiding framework structured to establish trust across a range of stakeholders. The intent to uphold corporate social responsibility (CSR) within a business is noble. However, considering numerous ethics violations documented by the U.S. Securities and Exchange Commission, U.S. Federal Trade Commission, and U.S. Department of Labor, the loosely guided CSR deontology appears to be a public relations front for capitalistic extremists who caress their egos for greed. Consequently, thousands of stakeholders lose their jobs, their retirement, and their families respective to ill business practices similar to the documented cases of Ford Motor Company 's Pinto, Arthur
Carroll, A. B., & Buchholtz, A. K. (2006). Business & society: Ethics and stakeholder management. Mason, Ohio [u.a.: Thomson/South-Western.
Walmart, a conglomerate with global sites, has influenced its subsidiaries and co-operate in managing, addressing, enforcing and formalizing its foundation because of organizational structure and culture. For example, “Approximately 500,000 Wal-Mart associates throughout United States have participated in the Personal sustainability Project (PSP), a voluntary program encouraged by CEO Lee Scott (Ferrell, Fraedrich, Ferrell, 2011).” “Scott called also called for Congress to increase minimum wage and noted that Wal-Mart had increased spending on health insurance (Ferrell, Fraedrich, Ferrell, 2011).” They share values, disciplinary actions, standards of learning are the same with all their stores. They are leaders in their business and they lead by example. This category share corporate social responsibility which rate from zero to five is in richness according to the content analysis theory (Jizi et al2014) that is used to measure corporate social responsibility, will prove that Wal-Mart’s chains-stores: Sam’s Club, and other owners in the Wal-Mart company, value key stakeholders including the minority individuals. These are people who are interested in an “everyday low price.” It is used to measure the content of CSR disclosure of community involvement, environment, human resources, and social products and service quality according to (Jizi et al2014).Wal-Mart is quite aware that being socially responsible is very expensive. However, with the annual disclosure giving greater transparency in daily operations, I believe that more investors will become interested in its evolution and be able to benefit from its profit. For example, China is the largest supplier for Wal-Mart according to (Ferrell, Fraedrich, Ferrell,
It seems obvious that large corporations have a tendency to ignore the negative effects of their actions in favor of profit. This example, although sensationalized, still says to me that with power comes responsibility. It affirmed my belief that a corporation’s goal cannot be just to provide profit to shareholders, but there must also be an element of social responsibility.