The bp gulf oil spill public and corporate governance failures
17 Jun 2010 The BP Deepwater Horizon catastrophe casts a shadow reflecting on all oil Corporate governance, enterprise risk management and compliance The failure to identify and manage the risks present in the energy industry in public documents, is any different from other oil companies; and from many 28 Jul 2010 FORTUNE -- BP's Gulf disaster is the board of directors' fault -- and not just in the Governance wonks could fault the group for including too many BP execs like the Macondo well blowout, which caused the spill, didn't happen. Calling for "leadership from the top of the company, starting with the Board 29 Jun 2017 and more recently the BP Gulf of Mexico oil spill, Massey Energy West Virginia corporate governance requirements, and media and public scrutiny demand an sustained inattention of directors exemplified by the failure to. 14 May 2019 About the Company BP plc (formerly The British Petroleum Company This is evident in the BP Gulf Coast oil spill, a preventable man- made disaster. In response, BP was all too eager to please: the company rapidly issued a public Initiative (EITI) – 'the global standard for the good governance of oil, 20 Apr 2016 Today marks six years since the BP Deepwater Horizon offshore oil rig the local environment and on public perception of offshore oil and gas drilling. company transparency for stakeholder accountability;; Spill response 29 Jul 2010 Despite the howls, Tony Hayward's departure as boss of BP was deftly handled. On his watch, zillions of gallons of oil spilled into the Gulf of Mexico. He was a walking public-relations disaster and had to go. generous,” says Nell Minow of the Corporate Library, a corporate-governance research firm.
corporations and government – through the vehicle of the BP oil spill in April 2010. Risk management is about estimating the highly complex interconnections between the individual factors in risk. These include environmental, geophysical, geotechnical, economic, social, and human errors.
The BP Gulf Oil Spill: Public and Corporate Governance Failures Bld 67.201 Purpose: To critically examine public and corporate governance failures that we argue predisposed the BP oil spill in the Gulf of Mexico, the worst environmental disaster in United States (US) history. Purpose: To critically examine public and corporate governance failures that we argue predisposed the BP oil spill in the Gulf of Mexico, the worst environmental disaster in United States (US) history. BP is already fighting an oil gusher it can't contain and watching its mighty market value wither away. Its own bumbling public-relations efforts are making a big mess worse. The verdict is now in on the BP disaster: The sequence of mis-steps that resulted in 11 people killed and millions of barrels of oil gushing into the Gulf of Mexico was the result of a failure of leadership and management on a massive scale. oil spill in its history known as the Deepwater Horizon oil spill. This accident was caused by an outstanding explosion and has resulted in the killing of eleven people. Five months after the explosion and until the announcement of the completion of sealing of the oil well, some 780 The Gulf Spill: BP Still Doesn't Get It. the BP-sponsored Gulf Coast tourism TV campaign has implied that everything is back to normal. governance, and corporate social responsibility was
oil spill in its history known as the Deepwater Horizon oil spill. This accident was caused by an outstanding explosion and has resulted in the killing of eleven people. Five months after the explosion and until the announcement of the completion of sealing of the oil well, some 780
N2 - Purpose: To critically examine public and corporate governance failures that we argue predisposed the BP oil spill in the Gulf of Mexico, the worst environmental disaster in United States (US) history. The BP Gulf Oil Spill: Public and Corporate Governance Failures 11th Australasian Centre for Social and Environmental Accounting Research (A-CSEAR) Conference Carolyn Windsor , Bond University Purpose: To critically examine public and corporate governance failures that we argue predisposed the BP oil spill in the Gulf of Mexico, the worst environmental disaster in United States (US) history. The story of Deepwater Horizon is also “tragedy on an epic scale” for BP, which operated the rig, according to the US corporate governance expert Lynn Stout. The oil company was later found to have been grossly negligent in its handling of the well and has faced billions of dollars in penalties.
Five Leadership Lessons from the BP Oil Spill. by ; Gill Corkindale between the Gulf of Mexico oil spillage and the banking crisis than with 9/11. of local people are more important than
29 Jul 2010 Despite the howls, Tony Hayward's departure as boss of BP was deftly handled. On his watch, zillions of gallons of oil spilled into the Gulf of Mexico. He was a walking public-relations disaster and had to go. generous,” says Nell Minow of the Corporate Library, a corporate-governance research firm. Key words: Corporate Social Responsibility; oil spill prevention; oil spills; near ecologically vulnerable areas and in countries with poor governance (Pegg 2006 , For instance, BP sustainability report 2006 reported 417 oil spills in 2006, companies are said to be aware that major oil spills often lead to public calls for 20 Apr 2010 Survey, the 2010 Gulf spill is the largest oil spill in U.S. waters. The oil spill Its regulations generally require that a company with leasing Image of Two Relief Wells Being Drilled by BP to Plug the Deepwater Horizon. Well. Background, Governance, and Issues for Congress, by Jonathan L. Ramseur. 2. Marketized public governance and regulatory capitalism . In this section we develop a theoretical framework linking neo-managerialism of the public service and regulatory capitalism of corporate regulation to a critical examination of the systemic governance failures to protect the public commons for the public good. N2 - Purpose: To critically examine public and corporate governance failures that we argue predisposed the BP oil spill in the Gulf of Mexico, the worst environmental disaster in United States (US) history. The BP Gulf Oil Spill: Public and Corporate Governance Failures 11th Australasian Centre for Social and Environmental Accounting Research (A-CSEAR) Conference Carolyn Windsor , Bond University
The verdict is now in on the BP disaster: The sequence of mis-steps that resulted in 11 people killed and millions of barrels of oil gushing into the Gulf of Mexico was the result of a failure of leadership and management on a massive scale.
2. Marketized public governance and regulatory capitalism . In this section we develop a theoretical framework linking neo-managerialism of the public service and regulatory capitalism of corporate regulation to a critical examination of the systemic governance failures to protect the public commons for the public good. N2 - Purpose: To critically examine public and corporate governance failures that we argue predisposed the BP oil spill in the Gulf of Mexico, the worst environmental disaster in United States (US) history. The BP Gulf Oil Spill: Public and Corporate Governance Failures 11th Australasian Centre for Social and Environmental Accounting Research (A-CSEAR) Conference Carolyn Windsor , Bond University Purpose: To critically examine public and corporate governance failures that we argue predisposed the BP oil spill in the Gulf of Mexico, the worst environmental disaster in United States (US) history. The story of Deepwater Horizon is also “tragedy on an epic scale” for BP, which operated the rig, according to the US corporate governance expert Lynn Stout. The oil company was later found to have been grossly negligent in its handling of the well and has faced billions of dollars in penalties. In 2005, an explosion and fire occurred at the BP Products’ Texas City refinery, claiming the lives of 15 workers and injuring many others. 6 In 2006, BP Exploration Alaska, Inc. had two major leaks of crude oil in Prudhoe Bay, Alaska, due to corrosion of the pipeline system, causing serious environmental damage. 7 In 2008, a “bad cement job” caused a giant gas leak in a BP-owned oil field in Azerbaijan, forcing hundreds of employees to evacuate and cutting production by 500,000
27 Jul 2010 Before the Deepwater Horizon crisis, the now-shamed oil giant had been platform anchored by public commitments to alternate energy development, error suggest a fundamental failure of CSR -- that governments should be the only reports -- for BP, the oil and gas sector, or any other company? 17 Jun 2010 The BP Deepwater Horizon catastrophe casts a shadow reflecting on all oil Corporate governance, enterprise risk management and compliance The failure to identify and manage the risks present in the energy industry in public documents, is any different from other oil companies; and from many 28 Jul 2010 FORTUNE -- BP's Gulf disaster is the board of directors' fault -- and not just in the Governance wonks could fault the group for including too many BP execs like the Macondo well blowout, which caused the spill, didn't happen. Calling for "leadership from the top of the company, starting with the Board 29 Jun 2017 and more recently the BP Gulf of Mexico oil spill, Massey Energy West Virginia corporate governance requirements, and media and public scrutiny demand an sustained inattention of directors exemplified by the failure to. 14 May 2019 About the Company BP plc (formerly The British Petroleum Company This is evident in the BP Gulf Coast oil spill, a preventable man- made disaster. In response, BP was all too eager to please: the company rapidly issued a public Initiative (EITI) – 'the global standard for the good governance of oil, 20 Apr 2016 Today marks six years since the BP Deepwater Horizon offshore oil rig the local environment and on public perception of offshore oil and gas drilling. company transparency for stakeholder accountability;; Spill response 29 Jul 2010 Despite the howls, Tony Hayward's departure as boss of BP was deftly handled. On his watch, zillions of gallons of oil spilled into the Gulf of Mexico. He was a walking public-relations disaster and had to go. generous,” says Nell Minow of the Corporate Library, a corporate-governance research firm.