According to KLD, Which of the Following Dimensions of Corporate

question 7

Multiple Choice

According to KLD, which of the following dimensions of corporate social performance will be assessed negatively for a firm that has been engaged in questionable marketing practices, paid fines related to antitrust practices, and been accused of price fixing?

• A) The environmental dimension
• B) The diversity dimension
• C) The corporate governance dimension
• D) The product quality/safety dimension
• E) The employee relations dimension

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Definitions:

Derivative Action

A lawsuit brought by a company shareholder against company directors, officers, or others for misconduct.

Rectification Action

A legal process aimed at correcting a mistake in a document to reflect the true intention of the parties involved.

Dissolution Action

A legal process aimed at terminating a business, marriage, or other formal relationships, according to the governing laws.

Ultra Vires Act

An action taken by a corporation or government body that lies beyond the powers granted to it by law or under its own articles of incorporation or constitution.