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Question
Your firm has sought to be a responsible part of the community and has sought out ways to implement CSR within your capabilities. However, a news organization that has been trying to boost its ratings has done a series on your organization that suggests that your product is harming consumers and the communitys environment. You believe the reports are totally false but protests have recently been directed toward your facilities and a politician who seeking an issue has been loudly condemning your organization? Some of your shareholders are suggesting that the company takes its losses on the product by discontinuing it rather than risk further damage to the company and its reputation. What should you do?
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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c. The focus on governance has been replaced by a focus on shareholder value.
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Institution-based considerations in governance include all of the following EXCEPT:
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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.
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Q:
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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Q:
In recent years, CEO duality has:
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Q:
In regard to family ownership, all of the following are true EXCEPT:
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Q:
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d. Stringent environmental regulation will motivate firms to innovate.
Q:
The CSR debate centers on the question:
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b. Why is resource management important?
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CSR tends to be the least concerned with improving:
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b. Shareholder wealth maximization.
c. Rising levels of population.
d. Inequity.
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
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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:
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.
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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.
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Q:
Ownership will likely be diffused for:
a. A start-up firm.
b. Family-owned firms.
c. State-owned firms.
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Q:
Recently, stewardship theory suggests that by and large managers can be viewed as stewards of owners interests.
a. True
b. False
Q:
The ability to successfully list a foreign firm on a high-profile exchange such as NYSE leads to a higher valuation for that firm as opposed to domestic firms.
a. True
b. False
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FPI investors demand less protection.
a. True
b. False
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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.
a. True
b. False
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a. True
b. False
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a. True
b. False
Q:
Global sustainability is the number one goal of a firm.
a. True
b. False
Q:
What is the race to the bottom discussed in the text? Give an example that shows it is a real phenomenon, and another example that refutes MNEs contribution to the problem.
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?