Since after the alter suffered by Kashiwazaki-Kariwa Nuclear Power Station in the Niigata-Chuetsu-Oki Earthquake, TEPCO has been seek to make consistent efforts to reduce down the after effects of this catastrophe. The company has worked steadily to overcome the challenges that its stakeholders have to face overdue to this disaster.
The company as a part of their CSR activity had grade up a framework where they created a system for assure somatic ethics and appropriate communication channel values at bottom the organisation. But merely setting up the framework does not help as it case of disaster the company did not comply to it. As per BBC News (06.03.12), Shareholders sued TEPCO executives for nuclear disaster as they claimed company did not take necessary measures to prepare itself for this incident. in that location were several damages and leaks at the plant reposted by the employee running(a) their but management did not take care of that. The communicating amid the company and its employees were somewhere lacking in between otherwise the loss caused by this disaster could have been reduced. The cross published by The Japan Times (2011) at Fukushima no(prenominal) 1 plant, company incurred a loss of 3.
6 trillion yen of compensation and 1700 employees were affected as they lost their job and had to labour for their compensations.
Reference
BBC, News Business Asia (2012, March), Shareholders sue Tepco executives for nuclear disaster; Retrieved from hypertext transfer protocol://www.bbc.co.uk/news/business-17268326.
Harlan, C. (2011,October), The Japan Times; Tepco staff on forward lines feel victims anger; Retrieved from http://www.japantimes.co.jp/text/nn20111027f1.html
Recommendations
1.To improve transparentness and the disclosure of public information.
2.To create an environment for conducting appropriate business activities.
3.To conduct more stringent internal audits and to reform the corporate culture.
4.To thoroughly comply with...If you want to get a just essay, order it on our website: Orderessay
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