Question

Analyse Samsung's bribery charges approach to csr with reference

Assess and analyse what Samsung is calming and they are practicing is same with reference

Assess current values of Samsung is socially responsible? Is the organisation acting in practice consistently with its claimed values?

Normative ethical theories of Samsung's bribery charges

Descriptive ethical theories of Samsung's bribery charges

Analyse stakeholder perspective on the business behaviour of Samsung's bribery charges

Answer 1

Samsung's bribery charges starts with former president Park Geun-Hye, her controversial friend Choi Soo-sil and Samsung Group heir Jay Y. Lee. The two friends were found guilty of enforcing Samsung to donate millions of dollars to Choi’s two dubious foundations in the name of CSR, and for receiving further bribes from Samsung. (https://www.scmp.com/week-asia/explained/article/3024755)

According to the news, the court found that the total amount of bribes Park and Choi received from Samsung stood at seven billion won (US$5.8 million), including 3.6 billion won that Samsung sent to Choi’s German-based firm to sponsor park's daughter Chung Yu-ra’s equestrian training and another 3.4 billion won used to buy three expensive horses for her.

In a different appeal court where Lee stood trial acknowledged only the 3.6 billion won as bribes. the court has accepted Samsung’s argument that it merely allowed Chung to use the horses and it did not transfer ownership to her. With the 3.4 billion won used to buy the horses deducted from the total bribery amount, Lee was freed from prison with a suspended jail sentence.

If the Supreme Court rules the 3.4 billion won paid for the horses constituted a bribe, the total bribery amount would surpass the five billion won mark. According to South Korean law, offering bribes of five billion won or more would land the provider in jail for at least five years. another 1.63 billion won donation from Samsung to a child sports foundation run by Choi’s family was a bribe. So these are the allegations against Samsung for its bribery case.

Current assessment of Samsung social responsibilities showing an up-gradation in different countries by undertaking different activities like helping bright minds through different social activities. As the organization been spread over countries so it is difficult to calculate the exact claim and practice over their claim.

Normative ethics is the study of what you should or should not do. This is totally moral derivation of value different from one. in this Samsung case, it has taken differently, in the application of this theory.

Descriptive ethics is a form of empirical research into the attitudes of individuals or groups of people. Those working on descriptive ethics aim to uncover people's beliefs about such things as values, which actions are right and wrong, and which characteristics of moral agents are virtuous. In the case of Samsung, the amount of bribe will decide whether that type of crime is punishable or not. so here the empirical evidence decides the crime of a believer.

Yes, there is an impact on stakeholders and also the business by Samsung in South Korea. But again as this bribe is not a core claim crime in relation to business loss so the stakeholder's reaction was comparatively less.

Note: reference: (https://www.scmp.com/week-asia/explained/article/3024755)

Some of this news has been taken as it is to keep the meaning and the core idea untempered.