Define ethical environment that is applicable to the business world. 

Review the articles on the BP Gulf Oil spill and corporate social responsibility in attachment “references” attached below.  Explain how the philosophy of Milton Friedman could have played a role in BP management’s decision. Identify one other ethical framework, other than Friedman’s Free Market Ethics, that might have influenced BP management’s decision process leading up to this event. Could BP have avoided this disaster with an enlightened view of corporate social responsibility (CSR)?

USE some of the references listed in the attached document called “references” as well as other references. 275 word minimum. APA 

Friedman, M. (1970, September 13). The social responsibility of business is to increase its profits.  New York Times Magazine. Retrieved from 

http://umich.edu/~thecore/doc/Friedman

Barlas, R. (2016). Friedman’s theory of social responsibility for business in the 21st century. J. of Integrated Stud., 8(1), n.p.  Available at: 

http://jis.athabascau.ca/index.php/jis/article/view/166/338

Lange, D., & Washburn, N. T. (2012). Understanding attributions of corporate social irresponsibility. Academy Of Management Review, 37(2), 300-326. doi:10.5465/amr.2010.0522. Available in University library. (Search by authors or title.)

What is corporate social responsibility? (2019). University of Edinburgh, webpage. Available at 

https://www.ed.ac.uk/careers/your-future/options/occupations/csr

 (NOTE: In addition to definitional explanation of CSR, consider this reading in context of modern trend of CSR in business globally.)

Micewski, E. R., & Troy, C. (2007). Business ethics – deontologically revisited. Journal of Business Ethics, 72(1), 17-25. doi:10.1007/s10551-006-9152-z.  Available in University library. (Search by authors, title, or doi)

Schaefer, B. P. (2008). Shareholders and social responsibility. Journal of Business Ethics, 81(2), 297-312. doi:10.1007/s10551-007-9495-0. Available in University library. (Search by authors, title or doi)

Spence, D. (2011). Corporate social responsibility in the oil and gas industry: The importance of reputational risk. Chicago-Kent Law Review, 86, 59-85. Retrieved from: 

https://repositories.lib.utexas.edu/bitstream/handle/2152/40348/2011_01_01_Corporate%20_Social_Responsibility ?sequence=2 

Verschoor, C. C. (2010). BP still hasn’t learned ethical lessons. Strategic Finance, 92(2), 13-15. Available in University Library.  (Search by author or title.)

Chapter One in: Halbert, T., & Ingulli, E. (2008). 

Law & ethics in the business environment.

 (6th ed ed.). Mason, OH: South-Western Pub.

[Read the following 3 blogs of David Gebler together, each 1 page. They are in sequence]: 

Gebler, D. (2010, April 14). Banana logic. Blog: Business Ethics, Culture and Performance. Retrieved from 

https://managementhelp.org/blogs/business-ethics/2010/04/14/banana-logic/

Gebler, D. (2010, April 19). Toyota ethics: Questions to get answers. Blog: Business Ethics, Culture and Performance. Retrieved from 

https://managementhelp.org/blogs/business-ethics/2010/04/19/toyota-ethics-questions-to-get-to-answers/

Gebler, D. (2010, April 28). Goldman Sachs – Trust, corporate culture and societal expectations. Blog: Business Ethics, Culture and Performance Retrieved from 

https://managementhelp.org/blogs/business-ethics/2010/04/28/goldman-sachs-trust-corporate-culture-and-societal-expectations/

Danzig, J. (2012, August 6). Jon Danzig asks about business ethics. YouTube. [Video File.] Available at http://www.youtube.com/watch?v=pmA9VCS32Cs (3:55 min)

Kaye, L.  (2015, February 19). Five years after Deepwater Horizon, can BP repair its reputation? Marketing and Comms. Sustainable Brands. Retrieved from 

https://www.sustainablebrands.com/news_and_views/marketing_comms/leon_kaye/five_years_after_deepwater_horizon_can_bp_repair_its_reputa