International Finance & Financial Management

Nike Child Labour Case in Third World Countries Nike is a world known company as a sporting industrial company that provides their customer footwears, apparels, and accessories in various sports. As according to Statisca (2018), there are 1182 Nike retail outlets worldwide which show that Nike has successfully established its brand to not only the customers located in the United States but worldwide. With the number of retail stores worldwide it's obvious that Nike requires a huge amount of labour to manufacture every product that Nike has to offer to the customers. As a world known brand, it's important for the shareholders and owner that the brand Nike is perceived as a brand that brings positivity to not only the customer but also to the whole society/community. But did you know, that in the year 1995 that Nike was caught hiring child labour at third world countries in Pakistan and Cambodia to decrease the overall cost so that the company can maximize its sharehol...

BP Oil Spill: Financial Ethics An oil spill can bring about the environment around, the sea and the people involved in the problems. As of 2010, April 20th. BP (an oil company) experiences an oil spill at the sea of the deepwater horizon. The oil spill is the result of fires around oil rigs, injury workers, and even deaths to 11 workers of BP. This is the result of workers and the US residents to provide dispute to the company and also the president in wanting to shut down BP.  How do you accidentally happen to the company? As the oil machine is being used, it has to be covered or rinsed with oils around. As the extraction process called "kick" in which the machine will extract the oil from the ground and will operate the process. As the oil is extracted, the extraction is so powerful that it creates a strong friction between the oil and the machine, a strong friction cause which results in the falling down apart killing oil burning up and the oil rig. 11 workers. A...