Reference no: EM132679684

Detailed explanation of the following under ethics and governance

1. What are the various drivers that may motivate a firm to engage in Corporate Social Responsibility (CSR)? What stakeholder attributes do Mitchell et al (1997) suggest make stakeholders salient? Analyse a CSR decision faced by case firm studied during the semester by drawing on the stakeholder salience approach to managing stakeholders.  
2. How does corporate governance develop in both Family Firms and State-Owned Enterprises that end up listed on a stock exchange? Draw on two cases studied in the course to explain how the corporate governance challenges faced in Family Firms and State-Owned Enterprises are similar and different. Answer with reference to corporate governance theory and course literature.
3. Draw on a case studied in the course to discuss the 'principal agent problem' and the various corporate governance mechanisms that are designed to address this problem. What roles do Independent Non-executive directors (INEDs) play in the governance of a firm with a unitary board? What challenges might INEDs face in contributing to the governance of a firm?
4. What are the issues of interest to Institutional Investors? Why do you think the institutional investors in the Google case failed to make the Google board more accountable? Answer with reference to corporate governance theory and Hirschman's exit, voice and loyalty.