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Showing posts from February, 2018

Globalization ethical dilemma review of Mattel toy recall

Mattel is a Multinational Company (MNC) and world leader in the toy manufacturing industry (Sethi et al, 2011). The company once led a global initiative to address unfair wages, hazardous working conditions, and environmental pollution, with an international code of ethics (Sethi et al, 2011). Mattel follows local regulations, but the regulatory standards in China where their largest foreign plant is located, are subpar when compared to US environmental, safety, and workers standards ( DiMaggio, and Powell, 1991 ). The quality contrast between countries created an ethical dilemma, and a regulatory nightmare for them. Cultural and Regulatory Challenges For more than twenty years, researchers highlighted Mattel in view of global ethics ( Sethi et al, 2011). The corporation doubled its outputs in China where alarming trends of mistreated workers allegations, contamination of the ground, air, and fresh water supply speculations are frequent (Sethi et al, 2011). Managers for Mattel...

Citigroup 20 billion dollar tax hit in Trump-nomics Quasi Experiment proposal

Citigroup dilemma globalization vs Trumpnomics   Dow Jones Industrial Average, the efficient stock market has declined to a historical low in response to bad news Shiller (2007) the largest US based global bank recently reported a $6 billion tax loss (Google Finance, 2018). From the recent US election of the forty-fifth President Donald J. Trump, concerns has surfaced covering the revised corporate tax law he signed (Berg, 2016). Tax cost presents risk of reducing profits for shareholders & relative investment value (Harvey, 2014). The appeal of corporate inversion has become reality for managers to reduce the risk from large tax fees (Roa, 2015). History of Citigroup Citigroup is a public traded financial institution listed on the New York Stock Exchange with a troubled past ( Gevurtz, 2010) . In 2007, the organizations integrity was in question in the wake of the housing market bubble that eventually led to the market collapse ( York, Gumbus & Lilley,...