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Question
The Foreign Corrupt Practices Act passed in 1977 in the United States:
a. Gave U.S. companies a distinct advantage in conducting business with companies around the globe.
b. Makes no exceptions to the prohibition against bribery of foreign officials.
c. Means that U.S. firms exhibit systematically lower levels of corruption than other OECD firms.
d. Originally had little normative or cognitive support despite its regulatory teeth.
Answer
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Related questions
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In order to tap into a larger pool of capital, Firm A _______ its shares on the stock exchanges in two foreign countries.
a. Cross-lists.
b. Tunnels.
c. Diffuses.
d.
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Which are NOTamong the aspects of globalization?
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b. FPI investors demand more protection.
c. The focus on governance has been replaced by a focus on shareholder value.
d. The global diffusion of best practices.
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In light of industry-based considerations, governances practices need to:
a. Follow universal best practices.
b. Increase the number of outside directors for firms in high-growth turbulent industries.
c. Create a fit with the nature of the firms industry.
d. Move toward CEO duality in slow-growth stable industries.
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Which of the following is true of AngloAmerican corporate governance systems but not true of GermanJapanese systems?
a. It is bank-oriented and network-based.
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c. It could be described as stakeholder capitalism.
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Q:
In recent years, CEO duality has:
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Q:
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a. Most small firms in the world are owned and controlled by families.
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Q:
Those who are opposed to strong efforts toward CSR would use which of the following arguments?
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b. CSR externalizes an internality.
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Q:
The CSR debate centers on the question:
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CSR tends to be the least concerned with improving:
a. Global sustainability.
b. Shareholder wealth maximization.
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Q:
Although framed in a domestic versus overseas context, the heart of this debate boils down to the foundational thorny point that frustrates CSR advocates: In a capitalist society, the shareholdersotherwise known as capitalistsare the ones who matter at the end of the day.
a. True
b. False
Q:
Choose one of the aspects of the comprehensive model of corporate governanceindustry-based, resource-based, or institution-based considerationsand how those factors influence the overall model.
Q:
Primary stakeholder groups are defined as those who influence or affect, or are influenced or affected by, the corporation, but they are not engaged in transactions with the corporation and are not essential for its survival.
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Q:
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Q:
An often-mentioned drawback of state owned enterprises is:
a. An ability to avoid bankruptcy and job loss.
b. Frequent conflict between ownership and management.
c. Little incentive to improve performance.
d. All of the above.
Q:
Outside of the Anglo-American world, most large firms:
a. Have a widely held ownership.
b. Insist on significant separation between ownership and control.
c. Are typically owned and controlled by families or the state.
d. None of the above.
Q:
Ownership will likely be diffused for:
a. A start-up firm.
b. Family-owned firms.
c. State-owned firms.
d. about three-quarters of U.S.-listed firms.
Q:
Recently, stewardship theory suggests that by and large managers can be viewed as stewards of owners interests.
a. True
b. False
Q:
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a. True
b. False
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FPI investors demand less protection.
a. True
b. False
Q:
Because of the market for corporate control, the long-term profitability of postmerger firms is impressively high.
a. True
b. False
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Outside directors of a board are not always independent.
a. True
b. False
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Evidence indicates that family ownership plays a positive role in the performance of large firms.
a. True
b. False
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SOEs are an excellent way for firms to solve their incentive problems.
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b. False
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a. True
b. False
Q:
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a. True
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a. True
b. False
Q:
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Q:
The participation of which of the following groups is essential in an accommodative strategy?
a. NGOs.
b. Managers.
c. Consumers.
d. Suppliers.
Q:
Global R&D has pros and cons for the firm that uses that approach. However, suppose you are the leader of the country where that firm is based. How might you view having R&D being conducted by a global team in a matter that is vital to the nations economic health/and or security?