of organizations" (Business for Social Responsibility) defined CSR as: through the observance of ethical values and human, community and respect the natural environment, and achieve the commercial success.
Currently, what generally acknowledged the corporate social responsibility concept is: when enterprise is creating profits and be in charge of the benefits of the shareholders, it also bears t
of Enron Crisis
1. Window dressing settlement
Enron's nontransparent financial statements did not clearly detail its operations and finances with shareholders and analysts. In addition, its complex business model stretched the limits of accounting, requiring that the company use accounting limitations to manage earnings and modify the balance sheet to portray a favorable depiction of its pe
Profit-Sharing
when a corporation exceed more profits than its goal, the corporation gives part of excess profits to shareholder and executives
Benefit-Sharing
a system that a corporation and small sized business share the benefits from business activity or improvement like cost reduction or component development.
All participants in production like major company, subcontractor hav
of cash flow and they couldn't raise fund from capital markets. So, they said that they could be in bankruptcy danger as well as they couldn't settle their debt if legal and institutional rescues aren't enforced. Also, They said that they had possibility of bankruptcy even if state allow the raising of costs, because cash flow was not enough.
So they filed for bankruptcy protection from credito
Samchully’s 50-year history including coal business of 1950s and clean LNG business of 1980s shows the energy history of Korea.
Samchully is aming at establishing environment friendly life style and culture, maximizing shareholder’s value through profitable and suitable growth, pursuing mutual prosperity of Samchully family and beloved by the customer and respected by greater community to be