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Model of extractive resource development

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Reference no: EM132265538

Case: Dixon, R. (2012). Energy and ethics. In W. P. Kissick (Ed.), Business ethics: Concepts, cases, and Canadian perspectives (pp. 260-269). Toronto, ON: Emond Montgomery.

A few years before the Niko Resources corruption case was brought to trial, another company, Siemens, received the largest fines for foreign corruption practices (over $1.6B US from US and German courts). Research and compare their post-trial actions with Niko's.

Questions:

After conviction, what further actions and for whom might Niko have considered doing? Consider employees, shareholders, the Canadian energy industry, Canadian society, and Bangladesh in your response. Support your suggested actions with concepts from your textbook. Identify the key barriers to implementation of your action plan and how they may be overcome.

What is the role of society at large with respect to a model of extractive resource development? In Canada? In foreign countries?

Attachment:- Case - Dixon R Energy and Ethics.rar

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The task is related to the corruption case of Niko Resources, a Canadian resource development company that was running a subsidiary in Bangladesh. The company tried to gain some business advantages by bribing the energy minister and ultimately paid heftily for its crime. The assignment asked the student to answer two questions that are related to the case based on an ethical analysis of the case.

Reference no: EM132265538

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