In 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 violations of human rights and labor rights." One of the largest pension funds that were sovereign, Norway's fund, owned 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 duty of corporations for activities of its providers the values of taking an activist strategy, and also the difficulties of obtaining cost efficient advice.
PUBLICATION DATE: August 06, 2011 PRODUCT #: CU14-PDF-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS