Chevron Stakeholders and Their Interests or Concerns Essay

grade insignia Stakeholders and Their Interests or Concerns - Essay ExampleThe consequences were eminent as people obtained water from the streams for domestic use. The effluents had lethal submersion of toxic substances. Ecuadorians witnessed numerous cases of Leukemia and abnormally increasing rates of birth defects. The stakeholders in this case were the companys management, the Ecuadorian government, institutional stakeholders, and the Ecuadorians. The company managements main concern was to clear the companys name by distancing itself from claims about the disaster. Consequently, Chevron denied responsibility of its actions that led to the disaster. For a host of cultural and ideologic reasons Chevron management is acting against its own self-interest the interest of its shareholdersand in doing so, is driving the company murder an $18 billion cliff (Anderson, 1). The efficient functioning of the company in all areas/department is the determination and duty of this category of stakeholders. They are expected to help steer the company into greater heights of supremacy in light of productivity and profitability. This is their ultimate concern as they work to ensure that the companys operations are running smoothly, no wonder their efforts to keep the looming court case at bay. The Ecuadorian government as a stakeholder, moved to protect the rights and interests of its subjects. The government had to take initiative and thus lively roles in court proceedings so as to ensure that the Ecuadorians earned justice. It is iodin thing for a rude to allow a foreign country to invest in ones country and another to turn against it when it comes to matters of health, safety and security. The only challenge facing this initiative is change of guard from one president to another. Otherwise the countrys government has always strived to resolve the damage through desire legal redress. The eighteen year old court battle translates into a typically lengthy process.