Reference no: EM133016779

Q1. What is Corporate Governance? Explain the concept in detail. What are the roles of the different governance committees and their function? Discuss the importance of the responsibilities that are supposed to be carried out by the board of directors. Which governance methodology do you agree with: "Comply or Explain" or "Comply or Else"? Give your reasons.

Q2. What are the driving forces behind Corporate Social Responsibility (define the term)? What is the Triple Bottom Line? Through real life examples explain the Instrumental Approach (definethe term) vs. the Social Contract Approach (define the term) of the Corporate Social Responsibility of organizations? Which of the two is an embodiment of Management by Inclusion (define the term)? With the help of examples for each, explain the Ethical, Altruistic, and Strategic types of CSR? Elaborate on the issues faced by the local communities, when MNC's lacking good CSR and ethical standards, are operating in their society?

Q3. What is a whistle blower? Explain what motivates people to blow the whistle. With real life examples distinguish between internal and external whistle blowing. Explain, with real life example, how whistle blowing can be unethical. Explain what ethical issues can arise for a person who is in a position to blow the whistle when presented with the opportunity? What can the government and corporations do to safeguard the needs of whistleblowers?