In my opinion Caltex’s plan was important to the South African. It allowed the black majority to be able to have top jobs in their companies and it also helped them to be able to be with and care for families and dependants. Blacks had no right to vote, they had to use separate areas in public, including dining places, bathrooms, transportation, and others. Caltex became a founder signatory of the Sullivan Principles in South Africa.
The majority of investment was done by foreign companies. One of the biggest companies was Caltex. There is a different standard of behavior for companies as large as Standard and Texaco. These companies are multi-national with billions of dollars in annual income. In my opinion multinational companies have a morals and ethnical responsibility.
They must show a good example to other companies. I believe that Caltex did that they produced the product and also recognize the rights of the manual workers. Being moral and ethically wrong is what happens in this situation. Because how the blacks were not allowed to be with their families they were forced to live in high racially segregated part of the county, They were prohibited from socializing with Whites.
It is obviously clear that as hard as they worked they were paid unfairly. The worse was not being able to associate with a coworker just because they were white. Apartheid laws won the supremacy of whites they defiantly had control over the country even though they are out number by blacks.
Some of the benefits were that Caltex employment policies include equal pay for the same work benefit plans and it will allow the advancement in the company regardless of race based on job performance that turned out to be a great for the native people but my feelings are that it is so much more important to care about the moral rights and justice for all.
If I were a stockholder I believe that I would vote for all three resolutions that were proposed. First asking Caltex to terminate its operations if the outcome was to move the companies out South Africa would have been the beginning of a sort of wake up call for south Africa
It would be an example about how others feel about how they treat the natives and how the apartheid rules. I would have voted in favor of all three stockholder resolutions. The second asking Caltex not to sell to the military or police of South Africa. First of all let’s think logically no matter what Caltex still a responsibility.
The Caltex plans they did have the power to put political stress on the government of South Africa to change their rules. Financial investment means a great deal to a country. I also support Caltex, they had a choice not to sell to the military and the police but that could have been dangerous for the company and innocent employees.
This move would might hurt some of the operations that have been fought for. It could cause...