Alcoa mulai di bawah nama Pittsburgh Pengurangan Perusahaan pada tahun 1888, mengubah namanya menjadi Aluminium Company of America (Alcoa) in1907. Perusahaan ini awalnya didirikan pada investasi $ 20.000 untuk memanfaatkan penemuan Charles Martin Hall untuk mencium bijih bauksit menjadi logam yang dikenal sebagai aluminium. Dalam beberapa tahun, Alcoa telah berkembang menjadi model integrasi vertikal skala besar dengan kontrol atas semua input produksi aluminium. Sejak awal, Alcoa telah memiliki
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Alcoa to pay $384 million to settle Bahrain bribery charges Thursday, 9 Jan 2014 | 12:42 PM ETReuter Alcoa and a joint venture it controls will pay $384 million to settle civil and criminal charges that the aluminum producer's subsidiaries bribed officials in Bahrain, U.S. authorities said on Thursday. The U.S. Securities and Exchange Commission and the U.S. Department of Justice announced separate settlements on Thursday morning. The SEC said Alcoa's subsidiaries repeatedly bribed
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Alcoa, which produces both aluminum and parts that go into Ford pickup trucks, has planned to divide these two businesses. For Klaus Kleinfeld, the chief executive of Alcoa, the split culminates a seven-year strategy. Through almost $5 billion worth of acquisitions and several divestitures, Mr. Kleinfeld built a new, yet-to-be-named business, providing metal products for transportation, industrial gas turbines and construction. The company is betting this side will see a boost: Its products will
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Alcoa’s Core Values in Practice Amanda Ponshock BUS 250 Corporate and Social Responsibility Instructor: Sheila Fry February 2, 2015 “Alcoa began under the name of the Pittsburgh Reduction Company in 1888, changing its name to the Aluminum Company of America (Alcoa) in 1907” (Lawrence, 2011). This company developed into a large-scale vertical integration that had control over the inputs on aluminum production. In 1985 Fred Fetterolf decided the company needed to document that all employees
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suggest Alcoa follows a principled-local method to ethical climate where personal morality; company rules and procedures; and laws and professional codes are favored. In respect to Professor Paine’s studies of ethical climate, Alcoa would be categorized as implementing integrity-based programs, where concerns for the law and employee responsibility are combined. Role of Management Top management commitment to developing an ethical work climate and organizational performance at Alcoa was communicated
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Regression Analysis for Determining the Price of Alcan Stock [pic] Jason Scott May 1, 2006 Introduction In this project, we have developed a model using stepwise regression to predict the price of Alcan’s stock, based on the impact of eight independent variables on the price of Alcan’s stock. The company’s stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol AL. Of the eight variables we will be looking at, we are most interested
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I chose to research Anita Roper of Alcoa, a company in East Iceland. This company announced that it would build a smelter and hydroelectric plant in a populated area. This caused unrest among the population in the area and Anita was responsible for forming a Stakeholder advisory group which was responsible for developing indicators to measure the performance of the plant against sustainability. These metrics were divided into four main categories. “Direct-Alcoa (or Landsvirkjun) has sole accountability
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contribute to the company. The ethical criterions that Alcoa uses are principles (integrity approach). They conduct surveys among the community through focus groups to find new programs that will help the environment. Alcoa is committed to improve the quality of life within the communities their employees live and work. Their principles also are geared towards research and development of innovative products and environmental issues. Alcoa is highly committed to the preservation of natural resources
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Study 2 2. What role did top management commitment play in developing the ethical work climate and organizational performance seen at Alcoa? What other ethical safeguards are mentioned in the case to support the company's effort at developing a strong ethical culture? Management role is always vital in any work climate and in that respect the role that Alcoa played cannot be ignored. From the beginning the company incorporated their values and documented what they thought was relevant regarding
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Alcoa Case Study Alcoa, as a company, has a strong commitment to safety. The CEO has publicly announced that safety was his top priority, and this could be evidenced in accident rates that were well below industry standards. The Mission Valley Plant was no exception. However, there had been some recent concerning events, and there is always room for improvement in the identification, analysis, recommendation, and implementations of a safety-centric environment. #1 There are seven
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