Corruption Quiz
40 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What are some examples of corruption mentioned in the text?

  • Public servants volunteering for community service
  • Politicians donating public money to charities
  • Public servants demanding money for services (correct)
  • Corporations paying taxes diligently

    • What are the causes of corruption mentioned in the text?

  • Institutional strength
  • High accountability
  • Environmental sustainability
  • Low transparency (correct)

    • What is the role of legal professionals in preventing and addressing corruption?

  • They must uphold the law and ensure justice is served (correct)
  • They have no duty in preventing corruption
  • They are not involved in reporting corrupt practices
  • They are only responsible for legal paperwork

    • What do United Nations Conventions against Corruption focus on?

    <p>Preventive measures, criminalization, international cooperation, asset recovery, and information exchange</p> Signup and view all the answers

    What do legal associations do in combating corruption?

    <p>Establish ethical standards, provide guidance, oversee conduct, and engage in educational initiatives</p> Signup and view all the answers

    What are the consequences of corruption mentioned in the text?

    <p>Political, social, environmental, and economic costs</p> Signup and view all the answers

    What do national and international legal frameworks create a basis for?

    <p>Holding corrupt individuals and entities accountable for their actions</p> Signup and view all the answers

    What are individuals or corporations mentioned to do in relation to corruption?

    <p>Evading taxes</p> Signup and view all the answers

    What do ethical standards for legal professionals emphasize?

    <p>Honesty, integrity, confidentiality, and acting in the best interests of clients</p> Signup and view all the answers

    What is the focus of the United Nations Convention against Corruption?

    <p>Preventive measures, criminalization, international cooperation, asset recovery, and information exchange</p> Signup and view all the answers

    What event led to the dissolution of Arthur Andersen?

    <p>ENRON scandal</p> Signup and view all the answers

    Which act resulted from the ENRON scandal and is considered one of the largest normative and legislative reforms to financial record keeping for publicly traded companies?

    <p>Sarbanes-Oxley Act</p> Signup and view all the answers

    What are the characteristics associated with ethical leadership mentioned in the text?

    <p>Honesty, respect, fairness, empathy</p> Signup and view all the answers

    What is the role of an ethical leader in guiding a team, as per the text?

    <p>Ensuring ethical behavior</p> Signup and view all the answers

    What is one of the strategies for ethical leadership mentioned in the text?

    <p>Developing and adhering to a code of ethics</p> Signup and view all the answers

    What is the importance of ethical leadership mentioned in the text?

    <p>Setting the tone for organizational culture</p> Signup and view all the answers

    What is the focus of the Sarbanes-Oxley Act?

    <p>Reforming financial record keeping and reporting for publicly traded companies</p> Signup and view all the answers

    What is the main characteristic of culture creation by an ethical leader?

    <p>Embedding ethics in the business</p> Signup and view all the answers

    What is the scope of business ethics as mentioned in the text?

    <p>All aspects of business conduct</p> Signup and view all the answers

    What is the importance of business ethics?

    <p>Ethical practices lead to sustainable business success</p> Signup and view all the answers

    What are the principles of business ethics mentioned in the text?

    <p>Leadership, Integrity, Transparency</p> Signup and view all the answers

    What do ethical standards for legal professionals emphasize?

    <p>Adherence to laws and regulations</p> Signup and view all the answers

    What do the World’s Most Ethical Companies demonstrate according to the text?

    <p>A link between ethical behavior and financial performance</p> Signup and view all the answers

    What challenges do leaders face in the workplace according to the text?

    <p>Navigating the 'gray area' of ethical ambiguity</p> Signup and view all the answers

    What does the text mention about consumer and stakeholder concern regarding business ethics?

    <p>Increasing concern about unethical business practice</p> Signup and view all the answers

    What was the consequence of the ENRON scandal?

    <p>Dissolution of Arthur Andersen</p> Signup and view all the answers

    What does ethical leadership set the tone for in an organization?

    <p>Organisational culture</p> Signup and view all the answers

    What does the Sarbanes-Oxley Act primarily focus on?

    <p>Reforms to financial record keeping and reporting</p> Signup and view all the answers

    What are the characteristics associated with ethical leadership?

    <p>Honesty, respect, fairness, empathy, accountability</p> Signup and view all the answers

    What is the role of an ethical leader in stakeholder relations?

    <p>Balancing the needs of stakeholders ethically</p> Signup and view all the answers

    What is a strategy for ethical leadership mentioned in the text?

    <p>Developing a code of ethics</p> Signup and view all the answers

    What was the result of the ENRON scandal in 2001?

    <p>Introduction of the Sarbanes-Oxley Act</p> Signup and view all the answers

    What is the key characteristic of culture creation by an ethical leader?

    <p>Embedding ethics in the business</p> Signup and view all the answers

    What is the scope of business ethics as mentioned in the text?

    <p>Health and safety</p> Signup and view all the answers

    What is the importance of business ethics?

    <p>Ethical practices lead to sustainable business success</p> Signup and view all the answers

    What are the principles of business ethics mentioned in the text?

    <p>Leadership, integrity, transparency, accountability</p> Signup and view all the answers

    What do ethical standards for legal professionals emphasize?

    <p>Transparency and accountability</p> Signup and view all the answers

    What is the focus of the Sarbanes-Oxley Act?

    <p>Financial record keeping for publicly traded companies</p> Signup and view all the answers

    What is the role of legal professionals in preventing and addressing corruption?

    <p>Creating a basis for national and international legal frameworks</p> Signup and view all the answers

    What is the main characteristic of culture creation by an ethical leader?

    <p>Promotion of integrity and transparency</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser