Ethics and Transparency as Vital Organizational Touchstones: Case of ExxonMobil in Liberia
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Details
Case Code:
CLBE029
Case Length:
4
Period:
2011-2018
Pub Date:
2023
Teaching Note:
YES
Price (Rs):
400
Organization:
ExxonMobil
Industry:
Energy
Country:
Liberia
Themes:
International Business,Ethics in Business
Abstract
The case describes how the US-based oil ExxonMobil acquired an oil block in Liberia, a war-torn African country, by bribing the officials. The block itself was the subject of a major controversy, as it was owned by politicians and ministers in the country. The issue was brought out by an advocacy group, leading to a probe.
Learning Objectives
The case is structured to achieve the following Learning Objectives:
- Understand the cross cultural ethical issues faced by multinational organizations
- Draw the frameworks for ethical decision making
- Discuss the ways to combat corruption in international business
Keywords
ExxonMobil; Bribery; Liberia; Ethics; Ethics in Business; Cross Cultural Ethics; Corruption in International Business; Social Responsibility