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Ship-Owners and the Twenty-First Century Somali Pirate: The Business Ethics of Ransom Payment

“This is what I requested today:
Identify and explain the tensions between businesses such as the
shipping companies in the article achieving economic well-being for their
shareholders and society achieving social well-being;

(2) Identify and comment critically on the most important risks and ethical
issues to all stakeholders raised in the article. How many of these ethical
and risk issues turn out to be of impact to shipowners, businesses,
international trade, ultimate consumers and other stakeholders?
and I would like to change it to:
(2) Identify and comment critically on the most important risks and ethical
issues to all stakeholders raised in the article. How many of these ethical
and risk issues turn out to be of impact to shipowners, businesses,
international trade, ultimate consumers and other stakeholders?

(3) Provide a justification for your opinion and viewpoint; and

(4) Using your own professional, ethical and moral values, suggest balanced
and workable strategies for amicably resolving these ethical and risk
issues arising from Somali piracy in international waters while
appreciating the complexity of the institutional environment and the risks
apparent for firms operating in international waters and firms doing
business internationally.
delete the question 1 and add question 3,4”

 

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