LEG500 Assignment 2: Ethics and Corporate Responsibility in the Workplace and the World
2044 words 9 pagesAssignment 2: Ethics and Corporate Responsibility in the Workplace and the World
Law, Ethics & Corporate Governance
Ethics and Corporate Responsibility in the Work Place and the World discusses one of the world’s most successful pharmaceutical companies that enjoys a reputation as a caring, ethical and well-run company which produces high-quality products that saves millions of lives and enhances the quality of life for millions of others. In this hypothetical scenario the following will be discussed. The stakeholders will be indentified. Analyze the ethics of PharmaCARE’s treatment of Colberia’s indigenous population and PharmaCARE’s rank-and-file workers versus that of its executives. Determine whether Allen …show more content…
First when CompCARE began advertising its services and the availability of AD23 to consumers and marketing the drug directly to hospitals, clinics, and physician offices. Second when CompCARE encouraged doctors to fax in lists of bogus patient names to get around this technicality. The manufacturing of drugs without the approval of the Federal Department of Agriculture is not only a violation but also a criminal act. Allen is obligated to provide assistance in the compilation of supporting evidence and must maintain the confidentiality of the case at all times. The Sarbanes-Oxley Act provides protection for whistleblowers who are employed in a publicly traded company such as a corporation like PharmaCARE from employer retaliation. There is no benefit for Allen to report CompCARE as his bonus would be in jeopardy as well as his position could very well be lost due to the company losing revenue from the illegal sales.
Assess PharmaCARE’s environmental initiative against the backdrop of its anti-environmental lobbying efforts and Colberian activities. Examine if this renders the company’s purported environmental stewardship better or worse and if the company’s public stance should carry an obligation to be a leader in environmental matters. Even though PharmaCARE has some positive contributions with their charitable discounted and free drugs to low-income consumers and a foundation