FACC 6500 Corporate Governance- government-mandated environmental compliance

Issues:

The history of environmental transgressions at Carnival, its path back to compliance under new leadership, and its shift to crisis management mode when COVID-19 hit.

Questions:

Pick either the corporate governance (Covid) or compliance (environmental) issues raised in the above fact scenario.

1. How can Carnival meet the expectations of a government-mandated environmental compliance plan and stay in the court’s good graces while the coronavirus brings business to a standstill (compliance issues)?

2.What should the Carnival Board do (either the corporate governance or compliance issues)?

3.What would you advise Carnival Management to do (either the corporate governance or compliance issues)?