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GOOD GOVERNANCE AND SOCIAL RESPONSIBILITY

ASSIGNMENT #1 (20 points)

CHAPTER 1: CORPORATION AND CORPORATE GOVERNANCE

1. From your own observation and/or experience, give an example of unethical


business practiced by a company/organization. (5 points)

i.) Why do you think this practice is happening? (5 points)

ii.) Put yourself in the shoes of the company engaging in this unethical business
practice and justify your actions. (5 points)

iii.) As a customer using that companys products/services, how does an awareness


or knowledge of this unethical business practice affect your view of the company?
(5 points)

GOOD GOVERNANCE AND SOCIAL RESPONSIBILITY


QUIZ #1 (OPEN NOTES) (50 points)

CHAPTER 1: CORPORATION AND CORPORATE GOVERNANCE

1.) Distinguish between ethical values, ethical issues and ethical choices. Give an
example for each to support your answer. (10 pts)

2.) Distinguish between the following approaches to decision-making: (8 pts)

a.) utilitarian approach


b.) individualistic approach
c.) moral rights approach
d.) justice approach

3.) Differentiate between business ethics, corporate social responsibility (CSR) and
corporate governance. (5 pts)

4.) What is a corporation and who are the stakeholders of a corporation? (5 pts)

5.) What are the fundamental objectives of corporate governance? (2 pts)

6.) What does good governance promote? Explain each. (5 pts)

7.) What are the benefits of good governance? Explain each. (5 pts)

8.) Who are the agents of a corporation? (2 pts)

9.) What is the Agency Theory? Explain briefly. (3 pts)

10.) Why does the agency problem arise? (5 pts)

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SRGG: Yvonne Hitty Mier - SHC Aug 2017