Coporate Governance Essay Example | Topics and Well Written Essays - 1250 words

Coporate Governance - Essay ExampleDefinition of corporate companionable responsibility also includes the broader concept of economic, environmental, and mixer sustainability. CSR is a fundamental part of an integrated set of principles applied to the management of business. A business model should integrate economic performance with environmental and social values. This is a good definition of corporate social responsibility.The Boeing Company is the worlds leading aerospace company, with its heritage mirroring the history of flight. It is the largest producer of satellites, commercial jetliners, and military aircraft. The company is also a global market leader in missile defense, human space flight, and launch services.in the cabins and cockpits of many jets manufactured. Use of an overly harsh cleaning limpid on fuel tanks caused the inner coating of the tanks to flake off. Fuel tank repairs were made after the tanks had beenBoeing has managed to stifle environmental reforms, become the states second-worst polluter in a region renowned for its environmental awareness, and avoid serious scrutiny from the media, the public and even environmentalists. Despite Boeings claims of a proactive environmental evolution, government regulators agree that Boeing seldom makes any major environmentally minded reforms without being so ordered. Boeing has taken credit, for example, for phasing out wasteful spray-paint guns and the use of CFCs in its part-cleaning vapor-degreasers. Boeing withholds from the public details of its plans to reduce hepatotoxic waste emissions, keeping watchdogs in the dark about areas where the company could or should be cutting down on pollution. State officials are allowed to see the plans, just now they cant copy them. Perhaps most importantly, Boeing uses its enormous tentacles reaching deep into the states political, business, social, even religious institutions to blunt criticism.Boeings Auburn plant discharged nearly 1,400 pounds of atomic number 24 - a carcinogenic heavy metal that can kill marine wildlife - into one of Metros sanitary sewage systems. Boeing uses chromium to help make parts corrosion-resistant. Unbeknownst to Metro, the chromium went to the agencys sewage treatment plant in Renton, where most of it found its way into truckloads of bio solids - treated solid waste primarily used to fertilize forest and evoke lands. Much of it winds up in the Olympic National Forest. In 2003 Boeing Co. chairman and chief executive Phil Condit resigned unexpectedly only days after the huge aerospace manufacturer fired two other Boeing officials for an alleged ethics breach. Condit had been with Boeing since 1965, when he joined the company as an aerodynamics engineer. He has been chief executive since 1996 and chairman since 1997 the companys 7th chairman since it was founded in 1916.Boeing has been roiled for months by ethical controversies