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Exam 9: Acting Responsibly

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Agency theory addresses the goal conflict that can exist between principals (owners) and their agents.

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Discuss any three of Microsoft's guidelines for corporate governance that were instituted in reaction to Sarbanes-Oxley.

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What is sustainable strategy?

According to Archie Carroll, most middle managers are well intentioned but fail to take into account ethical considerations when they make decisions.

Multinational corporations do not have difficulty establishing ethical obligations applicable to all their operations.

Describe two internal forces for social responsibility.

The UN Global Compact requires firms to abolish child labour.

Pepsi commenced business operations in Burma (later Myanmar) in 1991 and it still has not bowed to pressure to withdraw its business from that nation.

Discuss some of the ways in which standards for corporate governance are changing.

The four levels of corporate social responsibility are economic, ethical, philanthropic, and _________________

The average Wal-Mart associate with a family of four lives below the poverty line.

According to Archie Carroll's "In Search of the Moral Manager," ethical standards are largely set by:

What percentage of firms have composed a "code of conduct?"

Corporate social responsibility describes the obligations that an organization has to serve its own interests.

Which of the following are typically included in corporate governance guidelines?

All publicly held corporations are required to have boards of directors.

The Federal Sentencing Guidelines for Organizations requires firms to establish codes of ethical conduct.

What reform law passed in 2002 dramatically impacted corporate financial disclosure?

Which of the following topics are typically included in a code of conduct?

Where did Accenture place its corporate location in 2000?