Ethical and Environmental Issues
Added on -2020-07-23
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TABLE OF CONTENTS1. INTRODUCTION.......................................................................................................................12. CORPORATE GOVERNANCE ISSUES...................................................................................13. THEORIES OF CORPORATE GOVERNANCE.......................................................................24. LITERATURE REVIEW............................................................................................................35. ISSUES ENCOUNTERED AND ADDRESSED.......................................................................36. DRAFT TIMELINE.....................................................................................................................4CONCLUSION................................................................................................................................4REFERENCES................................................................................................................................5
1. INTRODUCTIONEasy Jet is a company who is not for cheap flight tickets. The are operating in 30 countries andthey and over 820 routes. This company is taken in the project because they have faced someserious issues relating to ethics. This enterprise was fined for discrimination and some othersignificant matter. They refuse to give seat to a 65 years old lady who was paralysed from oneside, the reason behind not giving seat is that she was unaccompanied. (Garnett, Szabo andDutson, 2011). 2. CORPORATE GOVERNANCE ISSUESEasy Jet has faced several ethical, CG (Corporative Governance), environmental andmore issues which negatively impacted on company. Due to this, company's profitability andproductivity level as well as market share has reduced. Thus, there are some corporategovernance issues of Easy Jet explained which are as follows: Brand effectiveness and leadershipThis company have strict policy and they wanted to make a image that they do not makeany compromise against the rules which they have made for their employees and customers also.Their rigidity is unethical. They have committed same mistake for more then one time. Oncethey denied a women to travel in the flight because she was on wheelchair and she did not haveanyone who could take her to the emergency gate. These kind of rules sometime make a negativeimpact on the brand of the company. Ethical and Environmental issuesStock price of Easy Jet rapidly decreased by 40% because of their fines which they paidfor unethical acts.This the prime reason that Easy Jet's market share went down by 20%. Thefuel used in Airline are harmful for environment. It does not motivated that Easy Jet case bucksnot that much harmful for the environmental of the country (Ring and et. al., 2011). NitrousOxide, diesel combustion and particulates very harmful for the society's persons. Hence, someanalysts recommended to Easy Jet that additionally pollution has been led due to thisapproximately up to 100 deaths had done in US.Audit independent1
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