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Ethical Violations: At Wal-Mart in Mexico, a Bribe Inquiry Silenced by David Barstow - Article Example

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 The article focuses on the unethical activities conducted by Wal-Mart while operating in the region of Mexico. The article states that the organization named Wal-Mart was indulged in bribing the officials of the region of Mexico in order to open more and more Wal-Mart stores…
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Ethical Violations: At Wal-Mart in Mexico, a Bribe Inquiry Silenced by David Barstow
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Ethical Violations Ethical Violations The article d “At Wal-Mart in Mexico, a Bribe Inquiry Silenced” was ed by David Barstow and in the article was published in the online edition of New York Times (Barstow, 2012). The article focuses on the unethical activities conducted by Wal-Mart while operating in the region of Mexico. The article states that the organization named Wal-Mart was indulged in bribing the officials of the region of Mexico in order to open more and more Wal-Mart stores and they did so in order to attain the benefit of gaining increased market share.

The author states that the total amount of bribes was more than $24million and even the top level executives of the organization were aware about this ethical violation. These practices by the Wal-Mart are against the legal laws of its base nation. Wal-Mart had violated the legal rules that are stated within the Foreign Corrupt Practices Act. Under this act a local organization is not allowed to bribe officials in foreign markets. Due to this malpractice, the organization started an internal investigation and identified that during the period of 2005 the vice chairman of the organization involved in increasing the expense account of the organization and was making wrong entries in the gift cards account of the organization.

Furthermore the article states that the internal investigations were not even clean and were rather conducted to clear the top officials instead of dealing with those who were involved in the unethical practice of bribing. The article even states that those individual who were held responsible for the practice were themselves investigating the case and due to this a clean investigation never took place. References Barstow, D. (2012). At Wal-Mart in Mexico, a Bribe Inquiry Silenced. Nytimes.com.

Retrieved 23 December 2014, from http://www.nytimes.com/2012/04/22/business/at-wal-mart-in-mexico-a-bribe-inquiry-silenced.html?pagewanted=all&_r=1&

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