In the year 2006, Norway's Ministry of Finance declared it would exclude Wal-Mart Stores Inc. from its government pension fund, mentioning the firm's "serious/systematic breaches of human rights and labor rights." Among the greatest sovereign pension funds, Norway's fund, possessed more than 6 million Wal Mart shares at the time, along with 8 million shares of Wal-Mart de Mexico.
This case educates pupils about the complicated problems raised by socially responsible investing, such as the obligation of corporations for activities of its own providers, the virtues of taking an activist strategy, as well as the problems of getting cost efficient advice.
The Norwegian Government Pension Fund The Divestiture of Wal-Mart Stores Inc. Case Study Solution
PUBLICATION DATE: May 19, 2011 PRODUCT #: CU12-PDF-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS