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Question
Discuss the challenges associated with the efficient market approach to environmental responsibilities.
Answer
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Related questions
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Which of the following is an internal mechanism that seeks to ensure ethical corporate governance?
a. European Union 8th Directive
b. The Sarbanes-Oxley Act
c. The COSO framework
d. European Union 7th directive
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Explain the concept of eco-efficiency, biomimicry and cradle-to-cradle responsibility.
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Briefly describe the reasons supporting the practice of sustainability within businesses.
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Which of the following exemplifies insider trading?
a. Underreporting income
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c. Misappropriation of proprietary knowledge
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According to Kevin Bahr, which of the following is a cause for conflicts in the financial markets?
a. The independence and lack of expertise of audit committees
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c. Long-term executive greed versus short-term shareholder wealth
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Which of the following is true of Federal Sentencing Guidelines for boards?
a. The board must be knowledgeable about the objectives and process of the ethics program rather than simply the mere contents of a training session.
b. The board should avoid exercising reasonable oversight with respect to the effectiveness and implementation of the ethics program.
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d. The board need not work with executives to analyze the incentives for ethical behavior.
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a. Duty of care
b. Duty of good faith
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Which of the following is true of the COSO controls and the Sarbanes-Oxley requirements?
a. They result in less transparency in ensuring ethical corporate governance.
b. They encourage greater accountability for financial stewardship.
c. They result in a lesser emphasis to prevent any financial misconduct.
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a. Investors
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COSO is one of the first efforts to address corporate culture in a quasi-regulatory framework in recognition of its significant impact on the satisfaction of organizational objectives.
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A large boost in share price decreases a firms equity leverage for external expansion.
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Financial analysts rely on gatekeepers but are not gatekeepers themselves.
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Before environmental legislation was enacted, the primary legal avenue open for addressing environmental concerns was _____ law.
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In economic terms, all resources are _____, that is, they can be replaced by substitutes, and in this sense resources are infinite.
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Which of the following is true of a service-based economy?
a. A service-based economy tends to the consumers demand for clothes cleaning, floor covering, illumination, entertainment, and so forth.
b. A service-based economy interprets consumer demand as a demand for washing machines, carpets, lights, consumer electronics, and so forth.
c. A service-based economy weakens the production efficiencies.
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Q:
Which of the following is true of the sustainability model in terms of environmental responsibilities?
a. Sustainability reduces competitive advantage.
b. Sustainability is not a prudent long-term strategy.
c. Sustainability is a good risk management strategy.
d. Sustainability leads to reduced cost-savings.
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The model of economy, in consistency with the second law of thermodynamics, implies that:
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b. the economy exists beyond a finite biosphere.
c. wastes are not produced at each stage of economic activity.
d. the amount of usable energy decreases over time.
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According to the _____ law of thermodynamics (the conservation of matter/energy), neither matter nor energy can truly be created, it can only be transferred from one form to another.
a. first
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c. third
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Markets can work to prevent harm only through information supplied by the existence of market failures. This is better known as the:
a. biomimicry effect.
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Rewards and compensation structures have no impact on the emotions of workers.
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How does the social web model view businesses?
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According to the narrow view of economic model of CSR, only philanthropy done for reputational reasons and financial ends is ethically responsible. What is the justification for this statement?
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Discuss the philanthropic model of CSR.
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Philosophers distinguish between three different types of responsibilities, on a scale from more to less demanding or binding. Explain these responsibilities.