{"title":"Great Lakes: Great Decisions (a)","authors":"R. Freeman, A. Wicks, P. Werhane, Jenny Mead","doi":"10.2139/ssrn.1417194","DOIUrl":null,"url":null,"abstract":"One of the few remaining producers of lead additives must decide whether to continue producing them for use abroad. Banned in the United States, lead additives were still legal in developing nations. Ellie Shannon, the division manager overseeing bromine production for the Indiana-based Great Lakes Chemical Corporation (Great Lakes), must advise Great Lakes' directors on whether the company should 1) continue production for the forseeable future, while developing countries moved from leaded vehicles to unleaded vehicles; 2) wash its hands entirely and immediately of the lead additive business; or 3) aggressively phase out its participation in this marketplace, with a five-year deadline, while lobbying for developing nations to switch to unleaded gasoline. Each of the options had its downside, however, financially, operationally, and in terms of reputation. Great Lakes placed a great deal of importance in its shareholders' well-being and in remaining a viable company, but it also wanted to be--and to be seen as--a respectable corporate citizen.","PeriodicalId":308822,"journal":{"name":"Water Sustainability eJournal","volume":"21 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2009-06-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Water Sustainability eJournal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.1417194","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
One of the few remaining producers of lead additives must decide whether to continue producing them for use abroad. Banned in the United States, lead additives were still legal in developing nations. Ellie Shannon, the division manager overseeing bromine production for the Indiana-based Great Lakes Chemical Corporation (Great Lakes), must advise Great Lakes' directors on whether the company should 1) continue production for the forseeable future, while developing countries moved from leaded vehicles to unleaded vehicles; 2) wash its hands entirely and immediately of the lead additive business; or 3) aggressively phase out its participation in this marketplace, with a five-year deadline, while lobbying for developing nations to switch to unleaded gasoline. Each of the options had its downside, however, financially, operationally, and in terms of reputation. Great Lakes placed a great deal of importance in its shareholders' well-being and in remaining a viable company, but it also wanted to be--and to be seen as--a respectable corporate citizen.
剩下的少数铅添加剂生产商之一必须决定是否继续生产供国外使用的铅添加剂。铅添加剂在美国是被禁止的,但在发展中国家仍然是合法的。总部位于印第安纳州的五大湖化学公司(Great Lakes Chemical Corporation)负责溴生产的部门经理埃莉·香农(Ellie Shannon)必须就以下问题向五大湖的董事们提出建议:1)在发展中国家从含铅汽车转向无铅汽车的同时,公司是否应该在可预见的未来继续生产;2)立即彻底放弃铅添加剂业务;或者3)在五年的期限内,积极地逐步退出石油市场,同时游说发展中国家改用无铅汽油。然而,从财务、运营和声誉方面来看,每种选择都有其不利之处。大湖区非常重视股东的福祉和保持公司的生存能力,但它也希望成为——并被视为——一个受人尊敬的企业公民。