Living Up to Ethical and Social Responsibilities: The Case of Occidental Petroleum Corporation

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Living Up to Ethical and Social Responsibilities: The Case of Occidental Petroleum Corporation Introduction The recent assassination of a U.S. ambassador in Libya and the rampant anti-American sentiments being expressed in other parts of the world is proof positive that many American-based multinational are faced with a hostile operating environment that demands informed and timely responses. Likewise, many multinational corporations are subscribing to calls for "giving back to the community" in various ways, but critics charge that these efforts are hypocritical greenwashing to cover up their real corporate shenanigans at home and abroad. Indeed, if Occidental Petroleum Corporation's corporate literature and its proponents are to be believed, this enormous multinational corporation is really just a "good neighbor" that is doing its corporate best to just "get along" in a highly competitive marketplace. To get to the bottom of these controversies and find the truth, this paper provides a review of the relevant peer-reviewed and scholarly literature concerning Occidental Petroleum Corporation's ethical and social responsibilities in a globalized marketplace, including an examination of how these responsibilities are perceived across cultures. Finally, a summary of the research and important findings are presented in the conclusion. Review and Analysis Background and Overview As of June 20, 2012, Occidental Petroleum Corporation (hereinafter alternatively "Occidental"

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