A recent article demonstrates how government intervention can have an impact on business as well as the difficult challenges and decisions businesses have to make. Also, the article questions the degree of ethics of certain business practices.
It is imperative for companies to improve efficiency in order to remain or become competitive in the market. However, Belo Sun Mining Corp. has done this unethically by deciding not to take time or money to consider the possible ramifications on the environment and on the indigenous people in the area if a new mine were to be developed. The act of not initially surveying the surrounding suggests the company is afraid of a negative-impact report. This possible threat could have suspended the project until a solution was proposed. Hence stakeholders might have reconsidered and withdrawn their investments from the company because of turmoil. Other than price and time, evidence against the development of the mine is a possible reason why Belo Sun Mining Corp. did not invest in a study about the effect on the indigenous community and the environment.