Goldcorp Inc Case Study

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Register to read the introduction… Then they should indicate disapproval when an issue is not following the limits and boundaries set. When disapproval has been established, then the individual or subsidiary or group should report to the correct authoritative figures on the hierarchy of the company. Lastly, the individual or subsidiary or group should use their powers in order to make a solution to the ethical dilemma. When an ethical dilemma has occurred, such as the case with Goldcorp Inc., they should take the corrective measures to correct their mistakes. The first step to correcting an ethical dilemma would be to impose leadership on the employees. Then it would be to establish performance goals. Then, assess the organizational culture. Afterwards is the decision-making process in which the company must decide what standards they should keep or eliminate in order to meet the performance goal set in step two. The last step would be to correct our own personal ethics through evaluating what values that one would like to share and what norms are to be defended. Goldcorp Inc. should have taken these steps in order to correct the …show more content…
One of the examples mentioned in the article include the actions of Goldcorp Inc.’s competitor and the world’s largest gold producer Barrick Gold. The article goes on to criticize the Canadian mining companies in leaving foreign countries with poor environments and pollution to deal with on their own. In the second half of the article, Delaney stresses that Canadian mining companies need to be held accountable for their actions when standards overseas. A coordinator for the Halifax Initiative Coalition names Fraser Reilly-King said in the article that there have been many Canadian extractive companies accused of human rights abuse and environmental damage in over 30 countries, but the reality is that most host governments and the mining companies have only cared about the investors. Therefore Canadian firms need to take into account the effects that they may cause to local residents when mining in foreign areas just like they would in Canada. The standards and rules and regulations must be followed in order to become a corporate socially responsible organization. Through the Marlin mine issue, Goldcorp Inc. has implemented a new environmental and health and safety policy. Goldcorp Inc. has also been taking initiative and implementing different environmental initiatives such as the reforestation

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