The Financial Performance of Companies with a Code of Ethics

question 8

Multiple Choice

The financial performance of companies with a code of ethics _____ compared with a similar group of companies that did not have one.

• A) was roughly equal
• B) was worse
• C) was better
• D) was worse due the expense of compliance
• E) was impossible to tell due to falsification of information provided

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Definitions:

Western Europe

A region comprising the western part of Europe, known for its advanced economies, democracies, and rich cultural history.

Louis XV

King of France from 1715 to 1774, whose reign is often noted for the decline in royal authority that paved the way for the French Revolution.

Educational Reforms

Systematic changes and improvements made to public education policy and practices, often aimed at increasing accessibility, quality, and relevance of education in response to societal needs.

Civil Servants

Employees of the government who implement and administer public policies, distinct from political appointments or elected representatives.