3

Grigoropoulos (2019)

The Role of Ethics in 21st Century Organisations.

The study’s qualitative findings from secondary data sources showed that ethical business practises affect not only reputation and culture but also success and longevity in the region. Corporate ethics that permeates the vision, goal, strategy, and every corporate activity improves stakeholder relationships. Ethical business practises improve organisational effectiveness and customer loyalty. Ethical companies also benefit stakeholders like employees, distributors, suppliers, investors, consumers, and society by minimising the negative effects of their business decisions and operations on the economy, society, and environment.

Compliance and ethics drive global corporate success. Unethical business practises harm stakeholders and the triple bottom line (economy, society, and environment). Thus, corporate ethics compliance boosts an organization’s reputation and global competitive edge.

4

Chauhan (2019)

Crisis and Coca-Cola

The company’s ethical crisis involved distributors, who switched from shop delivery to warehouse delivery and used subsidiaries. The new structure violated antitrust rules and eroded distributor faith in Coca-Cola, but the company did not lead it. Media widely covered the company’s ethical violation that questioned sustainability, concern for stakeholders, and the environment, damaging its reputation and the companies it associated with. After settling and compensating the injured bottlers, the company recovered from the problem.

The Coca-Cola Company’s distributor practises are unethical. First, the corporation changed the distribution structure without distributor consent or research, violating antitrust laws and damaging trust. Second, the company that violated distributors’ business ethics tarnished the reputations of other companies it worked with. Third, the corporation delayed its response, which fueled the fire and helped competitors. Thus, Coca-Cola mistreated distributors

5

Sivapriya (2020)

Cola- Globalisation: An alarming ecological disaster.

The study found that the Coca-Cola company has exacerbated water resource constraints in drought-stricken areas to feed its facilities. Kerala, Rajasthan, Varanasi in Uttar Pradesh, and Chiapas in Mexico are examples. For nearly 25 years, the corporation has destroyed water reservoirs in El Salvador. Due of the company’s product’s high water usage. According to the manufacturer, 1 litre of coke uses approximately 3 litres of water. The corporation also pollutes groundwater with sludge and pollutants from factory wastewater. The water scarcity controversy and boycotts hurt the company’s sales and image. To preserve natural resources, the company collected rainwater alongside local NGO’s, communities, and schools.

The investigation revealed that Coca-Cola’s water use caused ecological calamity. The firm polluted and overused local water resources, drying people and harming farmers and agricultural enterprises. Water shortages call into question environmental and social responsibility. Due to the interconnectivity of water supplies and beverage manufacturing, the water crisis ethical controversy caused the corporation to face material issues (poor earnings, share price decrease, lawsuits, and lower demand) worldwide.