What ethics lie Beyond Oil?

Gia Chevis and Marty Stuebs

Journal of Accounting Education, 2012, vol. 30, issue 3, 307-324

Abstract: Companies’ responsibilities for safety are important social and environmental welfare concerns. This fictional case—inspired by actual events—presents a capital investment decision intended to improve oil refinery safety. Beyond Oil (BO), Inc. has a recently-acquired refinery that is in need of extensive modernization and repair. The case analysis requires you to integrate capital investment analysis methods with consideration of ethical responsibilities. You have the opportunity to consider how to incorporate both uncertainty and qualitative/strategic information into a conventional discounted cash flow (DCF) analysis and to weigh competing claims and conflicting incentives in order to make a recommendation.

Keywords: Capital budgeting; Capital investments; Safety investments; Ethics; Responsibility; Managerial and cost accounting analyses; Decision making (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:joaced:v:30:y:2012:i:3:p:307-324

DOI: 10.1016/j.jaccedu.2012.08.001

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