We ran Walmart’s CSR through the following seven ethical test; Friedman Theory, Utilitarian Theory, Stakeholder Theory, Ethical Egoism, Categorical Imperative, Entine and Jennings and Conscious Capitalism.
The Milton Freidman theory is that a business has only one social responsibility, and that was to increase profits without breaking laws or being deceptive. Walmart 's Global Report appears to be beneficial to society as a whole by proclaiming dedication to sustainability, community, employees, and the environment but Friedman might argue that it is just another “way for a corporation to generate goodwill as a by-product of expenditures that are entirely justified in its own self-interest” (Jennings, 2015, pg. 113). Considering the actions …show more content…
Some examples of the complying with their CSR are; Walmart has contributed $100 million to help increase economic mobility among U.S retail and related-sector workers and contributed $20 million to support reintegration of U.S veterans into civilian life. Walmart has also provided disaster relief aid to 87 communities and $5.8 million in response contributions. In an effort to preserve the environment Walmart has over 1 million acres of land protected for wildlife habitat. Some examples of them going against their CSR are; in 2010 Walmart was charged with sex discrimination in its hiring practices at one of its distribution centers and was sued for denying employees pay for “unused vacation or personal leave time upon their termination from the company (Mattera, 2016).” In 2012, Walmart was once again charged with overtime abuse and violations and Walmart found through internal investigations that the company participated in bribery in Mexico, China, India and Brazil, in 2013, Walmart was penalized for unsafe practices relating to trash compactors, cleaning chemicals and hazard communications and was charged with dumping hazardous waste and violating the federal Clean Water Act (Mattera, 2016). In 2016, Walmart was an accessory in the distribution and sale of child pornography through its online retail store (Jones, 2016). Lastly, According to Walmart’s Global responsibility report they state “ In 2015, we undertook a major initiative in our international markets to improve guidelines and processes for reviewing advertising claims,” however in 2016, Wal-Mart was accused of selling falsely labeled sheets which violate laws governing textile fiber labeling and advertising (Reuters,
The Milton Freidman theory is that a business has only one social responsibility, and that was to increase profits without breaking laws or being deceptive. Walmart 's Global Report appears to be beneficial to society as a whole by proclaiming dedication to sustainability, community, employees, and the environment but Friedman might argue that it is just another “way for a corporation to generate goodwill as a by-product of expenditures that are entirely justified in its own self-interest” (Jennings, 2015, pg. 113). Considering the actions …show more content…
Some examples of the complying with their CSR are; Walmart has contributed $100 million to help increase economic mobility among U.S retail and related-sector workers and contributed $20 million to support reintegration of U.S veterans into civilian life. Walmart has also provided disaster relief aid to 87 communities and $5.8 million in response contributions. In an effort to preserve the environment Walmart has over 1 million acres of land protected for wildlife habitat. Some examples of them going against their CSR are; in 2010 Walmart was charged with sex discrimination in its hiring practices at one of its distribution centers and was sued for denying employees pay for “unused vacation or personal leave time upon their termination from the company (Mattera, 2016).” In 2012, Walmart was once again charged with overtime abuse and violations and Walmart found through internal investigations that the company participated in bribery in Mexico, China, India and Brazil, in 2013, Walmart was penalized for unsafe practices relating to trash compactors, cleaning chemicals and hazard communications and was charged with dumping hazardous waste and violating the federal Clean Water Act (Mattera, 2016). In 2016, Walmart was an accessory in the distribution and sale of child pornography through its online retail store (Jones, 2016). Lastly, According to Walmart’s Global responsibility report they state “ In 2015, we undertook a major initiative in our international markets to improve guidelines and processes for reviewing advertising claims,” however in 2016, Wal-Mart was accused of selling falsely labeled sheets which violate laws governing textile fiber labeling and advertising (Reuters,