What is the Law and how do Ethics interact? Exxon Valdez – Continuing Case

Topics: Exxon Valdez oil spill, Exxon Valdez, Ethics Pages: 3 (848 words) Published: October 9, 2014
Many years ago, Raymond Baumhart the greatest sociologist questioned organization people, "What does ethics mean to the business world?" Some people believe that Ethics is a kind of feeling which would give the knowledge about right or wrong situation on the basis of religious beliefs. While other argues the prior view admitting that it simply the level of behaviour society accepts and the law requires. “Ethics is a study of moral standards whose explicit purpose is to determine as far as possible whether a given moral standard is more or less correct (Manuel G. Velasquez, 2006)” Standpoint

March 24, 1989, one of the Exxon Valdez, a loaded oil tanker with 52 million gallons crude oil runs in Prince William Sound, spilling 11 million gallons of oil. The government was strongly feeling about the environmental damage, to the fishery and the life of people involved there. Output

That was bad luck for the wildlife, approximately 30,000 birds and 2000 sea others lost their lives. More than $2 billion spent just to clean it up and paid millions of dollar to the fishermen. Ethically, Exxon lost image in the world and about 40,000 credit cards destroyed in protest. Ethical Issues

It was truly horrific, the longer that marine animal is setting in oil the more they were dealing with death. Consumers lost their faith in Exxon and faced opposition from the world. The affected area has not fully recovered. The control over the ethical situation

This was the worst environmental disaster America has ever faced. After a week, CEO Lawrence Rawls wrote apology note in all newspapers. In addition they began cleanup immediately after the situation occurred. References

Exxon Valdez Disaster ….. 25 years ago!!, By  Horty Rexach (http://hrexach.wordpress.com/2014/03/24/exxon-valdez-disaster-25-years-ago/) New York Times, Exxon Valdez Oil Spill (1989), August 3, 2010...

References: The district court also removed more than 160 other state law cases relating to the oil spillEyak Native Vill. v. Exxon Corp., 25 F.3d 773, 774 (9th Cir.1994) Retrieved September 5, 2014, from (http://openjurist.org/484/f3d/1098/in-re-the-exxon-valdez)
New York Times, Exxon Valdez Oil Spill (1989), August 3, 2010
07-219 Exxon Shipping Co. v. Baker (2/27/08), Retrieved September 5, 2014, from (http://www.supremecourt.gov/oral_arguments/argument_transcripts/07-219.pdf)
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