A South Affican Investment Essay Example | Topics and Well Written Essays - 1000 words

A South Affican Investment - try ExampleThey argue that this profit would then be used to help move sinisters into positions of management. Indeed, CalTex could show that they had move 40% of their black work force into positions once only held by fairs. They also showed that their operations had locomote blacks into 22% of their lower management positions. They also were paying a higher than average wage to their black workers, resulting in ameliorate living conditions.The argument against the utilitarian benefits of CalTex continuing to refine oil did non counteract the political realities of South Africa. None of their black workers were able to unionize, vote or even travel into white areas without special permission. The negation of these basic forgiving rights counteracted any good that CalTex was providing to the black community through job opportunities, improved wages or slight upward mobility. Building the plant would give tax revenue to the organization and imply cooperation with the regime. I conceive that it is more important for the corporation to not expand because without basic human rights, a develop job doesnt really make life much better.I believe that as a stockholder I should rescue voted for CalTex to suspend operations in South Africa. This introductory proposition was the best way to set a good example of moral corporate governance. I would know that I would surely lose money if the other stockholders voted with me, but I would feel better about the future profits of the company. CalTex is an international company and pulling out of South Africa would not have a long-term effect. The refinery could have been sold and the corporation could have withdrawn.As to the second proposition of not selling to the military, I believe that I would not have voted for this proposition. The simple fact is that South Africa had passed a law specifically against such actions. My feeling is that if a corporation is going to do business in a given country, they should obey the laws