Whirlpool Corporation – A Lawful, Ethical, and CSR Minded Business

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Whirlpool Corporation – A Lawful, Ethical, and CSR Minded Business

     
Whirlpool Corporation – A Lawful, Ethical, and CSR Minded Business
     During the past several years global companies, like Whirlpool Corporation, have gained global awareness of the complex and evolving legal, ethical, and social expectations of their stakeholders. While many companies have started to tackle these new set of requirements by modifying their mission statements, business policies, and workplace practices, leadership companies continue to wrestle with the challenge of integrating these three vital topics into their overall business operation. Companies that successfully integrate plans to
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The Whirlpool board's principles and processes – which include internal annual reviews of board practices, the board selection process and the company's Code of Ethics – have been in place for many years. It is through this Board of Directors that Whirlpool Corporation implements the needed procedures and projects that governmental laws require.
     The Whirlpool Board of Directors has established some Corporate Governance Guidelines that will ensure that Whirlpool Corporation follows the governmental laws applicable to them. Some of these guidelines include Board Involvement in Corporate Governance Issues. The Corporate Governance leads the Board in an annual discussion of major corporate governance issues and makes recommendations regarding how to implement governmental laws. In addition, the Board of Directors periodically assess the Corporation’s Code of Ethics to assure it addresses appropriate topics, contains compliance standards and procedures, and complies with relevant NYSE listing rules or law. The Board alone can approve any waiver of the code for management or directors, and any such waiver must be promptly disclosed to shareholders in accordance with relevant NYSE listing rules and law. Furthermore, Whirlpool Corporation has come to realize that the operation of a Board of Directors is a dynamic and evolving process. Therefore, these Guiding Principles need also to be periodically

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