Kensaq is a mining company. Its mission is to 'maximize profits for shareholders whilst recognizing its responsibilities
Question:
Kensaq is a mining company. Its mission is to 'maximize profits for shareholders whilst recognizing its responsibilities to society'. It’s considering a mining opportunity abroad in a remote country area where there is widespread poverty. The mining work will destroy local vegetation and may pollute the immediate water supply for years to come. The company directors believe that permission for the mining work is likely to be granted by the government as there are few people or animals living in the area and the company will be providing much-needed jobs.
Identify the likely stakeholders in the company's decision. Consider their possible objectives and describe three likely conflicts in those objectives.
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts