Ethical Standards

Have you ever heard of Halliburton? Halliburton is a company well known for their breakthrough technologies and monumental constructing infrastructure projects for certain military operations. Halliburton have been leaders in the energy, engineering and construction industries. Halliburton grew from the risk-taking entrepreneurialism of Erle P. Halliburton, who established the New Method Oil Well Cementing Company in Oklahoma in 1919. Simultaneously, the Brown brothers, George and Herman, partnered with their brother-in-law, Dan Root, to found Brown & Root in Texas. Halliburton’s management style they have allowed the company to remain in the for front of its industry. This has been noted through Halliburton’s decisions in acquiring new subsidiaries. Halliburton planned for the growth in globalization by tapping into world wide market that would be beneficial for the company. Working for a company such as large as Halliburton will have legal impact on management planning. Legal challenges only add to the mounting problem of the company. For example “ The latest lawsuit, filed October 26, charges that Halliburton subsidiary, Kellogg, Brown & Root (KBR), has refused to pay $20.4 million for food services and other work near the city of Tikrit provided in 2003 by the Kuwait Company for Process Plant Construction & Contracting (KCPC) and the Morris Corporation of Australia for several months after the invasion of Iraq.

The complaint follows swiftly on the heels of an October 15 lawsuit on behalf of the Kuwaiti construction company, La Nouvelle, which demands of more than $224 million for similar services the firm performed in Iraq and Kuwait as a subcontractor to KBR.” (by David Phinney, Special to CorpWatch, October 27th, 2004 www.corpwatch.com Another issue that has an impact on management planning is ethics Halliburton is confident that they operate in an environments that is clear of influence of