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LB5231 Corporate Responsibility And Governance

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Questions:

Answer all questions in details , Define each element of the question first.

  1. What is the relationship between Ethics, CSR and Corporate Governance

  2. In a case that you face an ethical issue, what you will do?

  3. What do we mean by ethical dilemma?

  4. Image that you are a financial manager, and your CEO asks you to hide some important information to auditors, what you will do?

  5. Is ‘being ethical’ good for business?

  6. What do mean by “Agency Problem? And how to solve it?

  7. Explain the sources of ethics?

  8. Why business should be ethical?

  9. Discuss the Stages of Moral Development and Ethics Reasoning?

  10. Corporate Culture and Ethical Climates are very important factors that can enhance employees’ behavior, explain?

  11. As a human nature, it is difficult to change ethical behavior of your employees, what approaches you have to reduce unethical conduct?

  12. Explain the concept of CSR? Is it mandatory by organization?

  13. What is the best choices of CSR initiatives?

  14. Discuss with examples the benefits of CSR?

  15. Explain with example the PDCA method in CSR management?

  16. To do CSR initiatives, sphere of influences should be identified, explain?

  17. “Corporate governance involves a set of relationships between a company’s management, its board, its shareholders and other stakeholders ..also the structure through which objectives of the company are set, and the means of achieving those objectives and monitoring performance are determined.” Identify the most important concepts from the above definition?

  18. Discuss the mutual relationship between Management and Governance?

  19. How ethics and corporate governance can influence each other?

  20. What do we mean by BOD? And why is it important to separate authorities of Chairman and CEO?

  21. Active participation of BOD is a must, explain?

  22. There is a good practice in Germany for corporate governance, how we can apply it in similar industry in the UAE?

  23. Image that there is a conflict between boards’ member, and as a chairman you have the authority to solve this problem, what you will do as a chairman?

  24. To design and deliver the strategic direction of the company, such as merging with another organization, who can be involved in this process to decide this step?

  25. Appointment of independent director is very important to ensure good governance practices, explain?
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