i) Which of the following statements is most likely to lead to an effective code of ethics in a corporate governance? A. If leadership reflects management's personal values. B. When the unwritten code of ethics is effective in influencing behaviour. C. If the rules on ethical behaviour in the code of ethics are prescriptive and explicit. D. When management behavior is congruent with the principles of the corporate code of ethics. ii) Narrative reporting provides benefits such as: i. Providing a broader, more meaningful understanding of an organisation's business. ii. Improvement in the quality of information available to providers of financial capital iii. Promotion of a more cohesive and efficient approach to corporate reporting. iv. Provide information that are easier to comprehend A. i only B. ii and iii only C. ii and iv only D. All of the above (iii) In which of the following scenarios would there be more rules and regulations? A. A jurisdiction where there are a majority of individual shareholders. B. A jurisdiction where there are a majority of family-owned businesses. C. A jurisdiction where there are a majority of institutional shareholders. D. A jurisdiction where there are a majority of governmental shareholders
Please answer all 3 subparts
Question 1
(i) Which of the following statements is most likely to lead to an effective code of ethics in a corporate governance?
A. If leadership reflects management's personal values.
B. When the unwritten code of ethics is effective in influencing behaviour.
C. If the rules on ethical behaviour in the code of ethics are prescriptive and explicit.
D. When management behavior is congruent with the principles of the corporate code of ethics.
ii) Narrative reporting provides benefits such as:
i. Providing a broader, more meaningful understanding of an organisation's business.
ii. Improvement in the quality of information available to providers of financial capital
iii. Promotion of a more cohesive and efficient approach to corporate reporting.
iv. Provide information that are easier to comprehend
A. i only
B. ii and iii only
C. ii and iv only
D. All of the above
(iii) In which of the following scenarios would there be more rules and regulations?
A. A jurisdiction where there are a majority of individual shareholders.
B. A jurisdiction where there are a majority of family-owned businesses.
C. A jurisdiction where there are a majority of institutional shareholders.
D. A jurisdiction where there are a majority of governmental shareholders.
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