Select some recent incident of controversy about "corporate misbehavior" and explain what the alleged ethical abuses were that occurred at the company and what penalties, if any, have been imposed on the alleged perpetrators. (If no penalties have yet been imposed what penalties do you think are likely to be imposed in the future?). Please include a web link to an overview article (in English) about the controversy you have selected.
To answer to that case, I selected the Mediator case which created a big sanitary issue in France in reason of the total immorality of the company which produced it; Servier's laboratories. Actually, for thirty-three years between 1976 and 2009, the drug was supposed to treat diabetes and so had logically received the permission to be sold on the market while its therapeutic efficacy has never been demonstrated . Moreover, for eleven years, between 1998 and 2009, this derivative of amphetamine continued to be sold on the market although all other drugs of the same family had been withdrawn from sale. Indeed, their use could cause pulmonary arterial hypertension and could lead to death of these patients.
[...] Business Ethics Summary Part 1: Select a controversy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . P.2 Part 2: Using at least 3 ethical theories. . . . . . . . . [...]
[...] . . . . . . . . . . . . . . . P.4 Part 4: Key recommendations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [...]
[...] . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . P.3 Part 3: Business ethics is an oxymoron . . . . . . . . . . . . . . . . . . . . . . . . . . . . [...]
[...] And for which outcomes? Many death (we are talking about 2000 people without taking in count the number of people who developed other diseases due to its drugs. Moreover, people are also injured because it is also fraud to the social security. Indeed, the French State reimburses people for drugs, hospital bills, etc… But who bring the incomes of state? Population. So in addition, French people are abused by this pharmaceutical laboratory because he provided bad drugs, but people have also to pay for it. [...]
[...] However, do the business ethics exist? I don't so because or I consider it as extremely marginal. Business world is just a giant financial system where almost every shout are allowed and where, when some company does something good it is never without interest. Assume you are called as an expert witness to testify before a special UN Commission charged with developing guidelines for corporations and nation states to promote ethical behavior in business. What would be your key recommendations and why do you think they would be effective? [...]
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