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Question
The "comply or explain" approach to corporate governance was problematic because _____.
A. it did not take into consideration the remuneration packages provided to the employees of a company
B. its stringent measures to deny flexibility to comply with governance standards caused organization-wide friction
C. its definition of what constitutes an acceptable explanation for not complying was vague
D. it expected corporations to abide by an extremely rigid set of operating standards
Answer
This answer is hidden. It contains 1 characters.
Related questions
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A policy that results when an organization is driven by events and/or a fear of future events is known as a _____.
A. distributive ethical policy
B. reactive ethical policy
C. secure ethical policy
D. defensive ethical policy
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_____ in business means that stakeholders have visibility deep into the processes and information of an organization.
A. Transparency
B. Conformity
C. Vicarious liability
D. Organizational integrity
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Which of the following risks is most likely to occur as a result of organizational transparency?
A. Loss of market advantage through corporate espionage
B. Loss of trust among employees
C. Rise in costs due to maintenance of transparency
D. Decline of productivity of employees
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In the context of a company's ethics policy, which of the following actions should an organization avoid taking?
A. Awarding prizes for ethical behavior
B. Declaring an Ethics Day and allowing every department to share its success stories
C. Communicating only to internal stakeholders
D. Recognizing employees who represent the standards of behavior to which the company is committed
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The _____ is a private piece of a company's network that is made available to customers or vendor partners using secured access with a unique password.