Select the INCORRECT statement: The aim of ensuring good corporate governance is... Select one: 1.Better understand and isolate the causes of market crashes   2.To ensure investor protection   3.To maximise corporate transparency Prevent market disruptions resulting from corporate collapse   4.Prosecute shareholders for allowing high risk business decisions that resulted in corporate collapse

Q: The fundamental characteristic of the corporateform of business organization that gives rise to the…

A: Answer:- Correct option is A.the seperation of ownership and control

Q: Financial controls are usually the first and most important controls in any business. True False

A: Financial controls encompass processes, policies, and systems that businesses put in place to manage…

Q: Managers of corporations don’t always takeactions that are in the best interest of the corporation’s…

A: Some of the actions that are taken by the manager that are not in the corporation owner’s best…

Q: None

A: 3. Long-term Sustainability: Ethics risk management emphasizes sustainable business practices and…

Q: Practicing the ethics of the accounting profession, its principles and standards in one of the basic…

A: The Ethics code assures that all corporate members act with integrity and honesty in their practice…

Q: Commercial Crimes Survey indicated that most of the times, the major commercial crimes are committed…

A: 1(a) Senior management may overstate or understate business performance for various reasons. Here…

Q: Within the context of financial management, it is important that organizations attempt to align…

A: In the world of finance agency conflict is a tangible problem facing companies. Agency conflict, in…

Q: Contrast the effect of financial statement fraud on the following: The Stockholder The corporation…

A: Financial statements provide true and fair view of the business affairs of a firm. These include:…

Q: What is the mechanism for mitigating the agency problem? 1.I). Using the firm's stock options for…

A: Manager act as an agent of organisation/owner. Owner hires manager and give authority to him to…

Q: What is a primary focus of ethics and professional standards in forensic accounting? a) Maximizing…

A: The correct answer is:b) Maintaining client confidentialityExplanation:Ethics and professional…

Q: You read that there is no generally accepted definition of ‘earnings management’. Using your…

A: Earnings management refers to the practice of manipulating a company's financial statements to meet…

Q: nce reporting corporate social responsibility and sustainability efforts is not required by…

A: Financial Statement - Financial statements are documents that describe a company's operations and…

Q: Imagine that you are the new department manager of a corporation within your chosen field: you…

A: Audit: Auditing is the systematic verification of the books of accounts and the voucher documents to…

Q: Providing safeguards against corruption and incompetence, removing conflict of interest, and…

A: The CEO (Chief Executive Officer) is the top executive in a company, responsible for the overall…

Q: FinTech firms are facing increased regulatory oversight. A risk event at a FinTech firm can result…

A: The danger of losing money on an investment or business endeavor is referred to as financial risk.…

Q: not use ai please

A: Step 1:Identification of Key Points: The question was broken down into components that required a…

Q: Which of the following factors would weaken corporate governance? A.Ensuring that the rotation of…

A:

Q: Photo from SAHILKUMAR

A: Ways Ethics Risk and Opportunity Management Goes Beyond Traditional Risk ManagementBroader Scope of…

Q: .Identify some of the corporate scandals that took place in the recent past worldwide and discuss to…

A: Corporate scandals occur when the senior management indulge in some unethical or illegal business…

Corporate Ethics

Ethics refers to the moral values and principles that guide an individual. Corporate ethics refers to the moral behavior of a company and its employees while conducting business. Business ethics is another name for corporate ethics. Business ethics reflects the purpose of doing the business. Business ethics is the distinction between what is right and wrong in the workplace and the selection of the right set of actions. Every corporate entity follows business ethics to a large extent in order to survive and compete successfully in the market. Corporate entities that strictly adhere to business ethics gain the trust of their stakeholders and thus gain more customers. An organization follows compliance, i.e., following certain business policies, rules, procedures, and practices to deal with the problem arising from the business environment. Business ethics also ensures that they meet compliance requirements as it was connected with the activities of an organization.