PricewaterhouseCoopers: Addressing the Indian Ocean Tsunami Disaster

Published 06 Jan 2006
Reference 5374
Industry Consulting
Region North America
Summary

This case talks about how PwC carried out its corporate responsibility with regard to the Indian Ocean Tsunami tragedy which happened in December 2004 In retrospect of PwC's contribution to affected communities and nations, a corporate governance issue was raised - whether the firm's profits should have been invested in the firm instead of being used for social causes. A section of the case explains the two views of corporate governance, i.e. shareholder value and stakeholder value perspectives.

Teaching objectives

The teaching objective of this case is to show the differences in corporate social responsibility and corporate governance of a firm.

Keywords
  • RD0506
  • AR2006
  • AR0506