1. Corporate Social Responsibility Issue
2. Corporate Social Responsibility (CSR) issue in Samsung’s CEO’s, Lee’s Case
3. Facts relevant to decisions and affected stakeholders by Lee’s case
4. Alternative Proposals based on Deontological Ethics, Utilitarianism and Virtue Ethics Advice from financial professionals (Deontological)
5. Enhancing shareholders democracy (Utilitarian)
6. Social responsible investment (Virtue Ethics)
7. Consequences of the above Alternatives to Relevant Stakeholders Advice from financial professionals
8. Enhancing shareholders democracy
9. Social responsible investment
10. Common Ethical Theories Used in Business Utilitarianism ethical theory
Corporate Social Responsibility Issue: Samsung CEO Lee Jae Yong Receiving the Trial, Related President Park Impeachment in Korea
Samsung’s CEO in South Korea has faced trials because of his participation in President Park Guen-hye impeachment. Lee is accused of having given bribes and donating huge amounts of money to Guen-hye in order to receive political favors. Furthermore, the CEO has been found guilty of hiding money and other assets overseas. As such, Lee’s actions affected major stakeholders including the stakeholders who had invested in the family run company (Horwitz, 2018). Therefore, Lee’s approaches to enhancing profits and market share of Samsung Korea were unethical because they were based on selfish gains, failure to exercise duties based on set policies or procedures, and failure to consider the needs of all stakeholders and surrounding communities.
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