Assess the impact of ethical leadership on effective corporate governance.
Understand the Problem
The question is asking to evaluate the impact of ethical leadership on corporate governance, specifically in how such leadership can affect decision-making and ethical considerations in a business environment. The answer choices suggest various approaches to ethical leadership, each affecting governance differently.
Answer
B. By setting a positive example and fostering a culture of integrity and ethical behavior.
The final answer is B. By setting a positive example and fostering a culture of integrity and ethical behavior.
Answer for screen readers
The final answer is B. By setting a positive example and fostering a culture of integrity and ethical behavior.
More Information
Ethical leadership positively impacts corporate governance by building a culture of trust, integrity, and accountability. This leads to sustainable business practices and protects organizations from potential ethical dilemmas.
Tips
A common mistake is assuming financial performance should always be prioritized. Ethical considerations are crucial for long-term success.
Sources
- How does ethical leadership impact corporate governance? - typeset.io
- The Role of Ethics in Corporate Governance [+ Case Study] - governanceatwork.io
