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Exam 13: Whos Minding the Store?: The Ethics of Corporate Governance

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Question 21

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The monotonic view emphasizes maximization of __________ wealth.

A) the public's
B) government's
C) shareholders'
D) the CEO's
E) None of the above

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Question 22

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McCall points out that some objections to more democratic worker participation in the corporate structure arise because of what?

A) Complaining CEOs
B) New employees
C) Old board members
D) Worries of lost vacation
E) Concerns of efficiency

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Question 23

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To nationalize the corporation is one way in which some critics would like to see corporations:

What is/are the sign(s) of CEO disengagement as outlined by Reisner?

According to Eric Jackson, oversight from __________ is necessary for Chinese corporations to establish confidence in the quality of their corporate governance.

The board of directors should be the ones to hold executive management accountable.

Nader, Green, and Seligman argue that the board should actively review important executive business proposals to determine their full compliance with:

How much say-so should employees have over the decisions of the corporations for which they work? Explain your response.

According to Eric Jackson, companies with proper corporate governance

The __________ strategy calls for no change in corporate behavior.

To "extend recognition to the manifesto right of employees to co-determine corporate policy" is the most theoretically legitimate __________ between competing rights claims.

Sometimes CEOs want large compensation packages not out of greed, but in order to feel appreciated, engaged, and successful.

CEOs are under constant scrutiny by board members.

Some Americans now see big business as the biggest __________ to our country's future.

Research Tyco and Dennis Koslowski. What could the board of directors have done differently? What were the warning signs? When and how could Koslowski and Tyco have been "turned around" by the board? Or should Koslowski simply have been fired at some point? If so, when?

One way that critics propose to reform corporate structure is to make it communistic in character.

According to Dunfee, surveys of senior managers found that:

Positive signs that a CEO is engaged in a company's difficulties include:

Jackson warns that if confidence in Chinese corporate governance falls, investors may one day consider investing in Chinese stocks to be just as risky as investing in countries like

Ideally, a task of the board of directors would be to report all executive decisions to the public.