Business ethics, the corporation movie: 10 problems that business organizations are producing

Résumé du document

Regarding to “The Corporation” movie, we can identify a list of 10 problems that business organizations are producing.

Corporations generate externalities:
Externalities come up because corporations cannot handle all the variables which impact on their processes but also their partners, their environment etc… Externalities can seem irrelevant or minor to the company that had created it but the impact is relative to what we are looking at. This is due to one of the first component of what is a corporation: a legal person who can act on this own. So how to consider what is right or not, what is fair or not?

Corporation can harm people, environment or animals:
This the direct effect of externalities because as externalities can be good, there can be also bad for the society, for people. For example, by getting rid of polluted water corporations can harm people who are using this water to live. Also this water goes down to groundwater and generate bacteria. There is a direct impact on animals too, because we feed them with that contaminated water. Some corporations seem to have no experience of guilt because when they are caught they don't even recognize what they have done and they continue to do it.

Balance between risks to be catch and benefices:
Corporations follow the rule of the less risk choice. If they evaluate that they will not be embarrassed with something they know wrong, they take the risk. Furthermore, if in the meantime they calculate that they will earn enough money before to be catch, they will probably take the risk too.

Extraits

[...] About the human capital, CapitaLand Ltd strengthens its position of good student. The company is fair of women in management position) and diversified (80 different nationalities). They reward employees, offer opportunities of trainings, and engage them around core values (BIC program) CapitaLand is a people centric company. Stakeholders are in the center of the company's attention. In conclusion CapitaLand Ltd CapitaLand seems to be the perfect company which does the complete opposite of what we saw in the movie. This is why CapitaLand is rewarded for its efforts about sustainability. [...]

[...] Heighten ownership (patterns) Corporations want to own all. The law authorizes to pattern all molecules, products, or ideas. So, that means all what we used from decades, and which were from nature can now be privatized. This is a kind of loose of freedom Control communication We saw in that movie how corporation can control what is said about them. They are ready to pay to hide information, they can use threats too. So we know that all we listen to the air is previously filtered by the corporation. [...]

[...] The company is really engaged against the corruption and the CEO is the leader of that message to the world. At the forefront, CapitaLand's main goal is to be environment friendly. They increased operational efficiency (per m2) since 2008 with energy and water savings of Their credo: “Zero environmental non-conformance” are supported by several KPIs which are liked to remuneration for all the staff including top management. These efforts are done with a strong management based on committees (CapitaLand Green Committee, Sub Committees and SBU Green Committees). [...]

[...] Goals can be reached thanks to communication, advertisement. Corporations spend a lot of money on advertisement on the TV, newspaper etc They want the people to see and integrate what there are producing. They want us to feel that we need it. And the most dramatic effect can be seen on children Overproduction Mass market drove corporation to invent technologies to increase productions. By creating drugs or GMO that can enhance the efficiency of what they want to sell they built an overload of products. [...]

[...] Pick one of the reports, read it and describe, to what extent the organization refers to problems as described above. (600 words max) CapitaLand Ltd. CapitaLand Ltd. Is a real estate company which builds homes, offices, malls ( ) and employ 12,000 people. The company is recognized for its high level in sustainability domain, also as a corruption-free company thanks to its transparency. Transparency is one of the most important answers to business ethics problems we saw before. Transparency is the key to avoid externalities because if all what impact on the business is analyzed, future problems can be anticipated. [...]