Business Ethics Now, 4e Video Lecture Notes

Video Case Study 6: Ethics and Globalization

ENEC & KEPCO: A Success Story

Please watch the following video, and provide answers to the discussion Questions

Run Time: 3:26

Link: https://www.youtube.com/watch?v=DNLINsUfh-4

Summary

Korea Electric Power Corporation (KEPCO), South Korea's single largest public power
electric utility, was awarded the Prime Contract in 2009 to design, build and help operate
the United Arab Emirates’ (UAE) nuclear energy plant.

KEPCO is recognized by the World Association of Nuclear Operators (WANO) as a leader in

safety, plant reliability and efficiency. KEPCO was chosen following an exhaustive year long
evaluation conducted by a team of 75 international experts who evaluated a variety of
factors, including safety, deliverability and commitment to human resource development.

KEPCO is responsible for the design, construction and operation of the four 1,400 MW
reactors at the Barakah Nuclear Energy Plant. The $20 billion contract also covers
extensive training, human resource development and education programs as the UAE
builds the capacity to staff a thriving nuclear energy industry.

Study Note

This video explores what may be a success story in international partnership for
technological transfer, in the UAE energy sector.

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Business Ethics Now, 4e Video Lecture Notes

Discussion Questions

1. Why do you think the UAE needed to collaborate with KEPCO for the construction of the
Barakah Nuclear Energy Plant? Were there other alternative contractors available to the
UAE for this project? if so why was KEPCO the best choice for this project ?

2. As a multinational Company, how might KEPCO successfully transfer its acquired

expertise from the Korean market to the UAE market?

3. Are there potential Ethical challenges that KEPCO might need to consider in the process
of transferring nuclear power technology to the UAE market? if so, provide practical
examples, and potential solutions to resolving such challenges.

4. How might the relationship between KEPCO and the UAE be affected by the UN Global
Compact?

5. How could KEPCO apply ethical relativism in its process of transferring nuclear power
technology to the UAE?

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