Andes Mendiak Exploration Corp.: Navigating Ethical Challenges in Ecuador's Mining Sector
商品編號：W42192
出版日期：2025/04/02
再版日期：
商品來源：
商品主題：General Management/Strategy; Organizational Behaviour/Leadership
商品類型：Case (Field)
涵蓋議題：Business ethics;Strategy;Mining;Ecuador;Latin America LATAM;International Business
難易度：4 - Undergraduate/MBA
內容長度：15 頁
地域：Ecuador
產業：Mining; Quarrying; and Oil and Gas Extraction
事件年度：2018
AWARD WINNER - 2024 Fox International Case Writing Competition
In 2018, Andes Mendiak Exploration Corp., a Canadian-listed junior mining exploration company that specialized in gold and copper, was facing significant ethical and operational challenges. The company was operating in Ecuador, a country with stringent environmental regulations, bureaucratic inefficiencies, and prevalent corruption—especially in the illegal mining sector. The company’s commitment to sustainable and ethical practices put it at a disadvantage, in a market where illegal miners operated with impunity, often with the tacit approval of corrupt officials. The strict and illogical regulatory environment disproportionately targeted mining companies, even when their activities had minimal environmental impact, compared to unregulated sectors such as agriculture. The country manager of Andes Mendiak Exploration Corp. was grappling with a critical dilemma. Should he strictly adhere to rigorous ethical standards and risk financial losses and delays? Or should he agree to engage in unethical practices, such as the so-called “facilitation fee” payments, to expedite operations?
教學手冊：Andes Mendiak Exploration Corp.: Navigating Ethical Challenges in Ecuador's Mining Sector - Teaching Note
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