5. What is Management ethics?
Equality: Treat your resources equally
Truth: Always say the truth when communicating
with stakeholders/team members.
Honesty: Be honest, do not mislead others, and do
not engage in deception.
Integrity: Have some good values, and respect your
job.
6. Nike
•Nike’s yearly turnover is about US$18.6
billion.
•Nike, Inc. is a major publicly traded
sportswear and equipment supplier based
in the United States.
7.
8. •Nike has factories in china, South Korea,
Indonesia, Thailand and Vietnam.
•Nike uses child labour in the
production of its soccer balls.
•They employ people, including children for twelve-hour
shifts and pay them as low as sixteen cents an hour.
•People have broken fingers, fainted, lost limbs,
and continued kidney infections from not being
allowed to go to the bathroom for more than once.
9. Enron
•One of the world's leading electricity, natural gas,
communications, and pulp and paper companies.
•Enron’s earning in a year of nearly $101
billion in 2000.
•Fortune named Enron "America's Most Innovative
Company" for six consecutive years.
•Enron was hailed by many, praised for its large long-term pensions,
benefits for its workers and extremely effective management until its
exposure in corporate fraud
10.
11. • It Creatively planned accounting fraud, known as
the "Enron scandal.
•They hid billions of dollars in debt by
exploiting accounting loopholes, using special
purpose entities, and resorting to poor
financial reporting.
•Shareholders lost nearly $11 billion when
Enron's stock price dropped, hitting a high
of US$90 per share in mid-2000 to less than
$1 by the end of November 2001.
12.
13. What are SPE’s ?
SPEs are typically used by companies to isolate the firm from
financial risk.
A company will transfer assets to the SPE for management or
use the SPE to finance a large project thereby achieving a
narrow set of goals without putting the entire firm at risk.
14. Q 2
Look into CapitaLand Limited, a Singapore company.
Comment on how they have incorporated corporate
social responsibility (CSR) into their business.
15. Background Information of
CapitaLand
• Capital Land is one of the Asia’s
largest real estate companies.
• The picture on the left shows the
headquarter of CapitaLand in
Singapore.
• The company’s core business are in
real estate, hospitality and real
estate financial services.
16. CapitaLand and CSR
Carry out exemplary Environmental, Health and Safety
practices to minimise pollution and health and safety
risks
Seek continual improvement on its environmental,
health and safety performance
Comply with pertinent legislation and other
requirements
17. CapitaLand and CSR
Implement the CapitaLand Green Buildings Guidelines
and Occupational Health and Safety Programmes
Training and awareness
To reach out to the community
In 2009, CapitaLand enlarged its Environmental
Management System
18. Awards
Watermark Award 2009
PUB
Sustainability Yearbook 2009
SAM and PricewaterhouseCoopers
(Only Singapore company to be included in the
yearbook)
Water Efficient Building Award 2008
Public Utilities Board Singapore
Green Mark
Green Mark Awards 2010
Building & Construction Authority Singapore
This allowed Enron to place liability so that it would not appear in its accounts, allowing it to maintain a robust and generally growing stock price and thus keeping its critical investment grade credit ratings.
Capital Land is one of the asia’s largest real estate companies. The picture on the left shows the headquarter of CapitalLand in Singapore. The company’s core business are in real estate, hospitality and real estate financial services.
Staff activities have been organized to raise awareness and encourage activism in promoting Green initiatives within the Group.
From some news, I also realized that staff from CapitalLand do field studies to minimize the impact of the projects to the community and the neighborhood. They did seek advices from residents and took into consideration.
As for the Environmental Management mentioned in their website, it can help to assist the Green initiative and help to manage their project to better follow some international environmental standards.
