This case talks about how PricewaterhouseCoopers (PwC) carried out its corporate responsibility with regards to the Indian Ocean tsunami tragedy which happened in December 2004. On the hindsight of PwC's contribution to affected communities and nations, a corporate governance issue was raised - whether the firm's profits should have been invested in the firm instead of using it for social causes. A section of the case explains the two views of corporate governance, ie, shareholder value and stakeholder value perspectives. The teaching objective of this case is to show the differences in corporate social responsibility and corporate governance of a firm.
