Are people living in a relationship based governance system

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Reference no: EM1393709 , Length: 800 Words

Q.1: Illustrate what is the relationship between corporate governance also social responsibilities?

2: Illustrate what is your opinion of Gap international's having code of conduct for its supplier? Illustrate what would Milton Friedman say? Contrast his view with Archie Carroll's view.

3: Does a industry have to act selflessly to be considered socially responsible? For e.g., when building a new plant, a corporation voluntarily invested in additional equipment which enabled it to reduce its pollution emission beyond any present laws. Knowing which it would be very expensive for its competitors to do the same, the organization lobbied the government to make pollution regulation restrictive on the entire industry. Is this industry socially responsible? Was it the managers acting ethically?

4: Are people living in a relationship based governance system likely to be unethical in business dealings?

5: Provided which people rarely use industry's code of ethics to guide their decision making, illustrate what good are the codes?

Reference no: EM1393709

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