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On April 20, 2010, there was an explosion on the Deepwater Horizon oil rig in the Gulf of Mexico. Did BP respond in a manner that was appropriate to stockholders or did they take a stakeholder view?

July 11, 2019/in Questions Uploads /by admin

On April 20, 2010, there was an explosion on the Deepwater Horizon oil rig in the Gulf of Mexico. Review a history of those events from the following sources:

http://www.bp.com/en/global/corporate/gulf-of-mexico-restoration/deepwater-horizon-accident-and-response.html

http://ocean.si.edu/gulf-oil-spill

http://content.time.com/time/interactive/0,31813,2006455,00.html

In your initial post, respond to the following questions:

Did BP respond in a manner that was appropriate to stockholders or did they take a stakeholder view? In making your determination, what were the primary factors that you considered? Provide specific examples, where applicable.
If you were the CEO of BP at that time, what would you have done in the hours, days, and weeks after the explosion?