Risk Reduction by Itself Is Usually a Means to Create

question 57

True/False

Risk reduction by itself is usually a means to create shareholder value, regardless of the overall diversification strategy of the firm.

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Definitions:

Corporate Social Responsibility (CSR)

A commercial strategy that incorporates social and ecological considerations into its operations and stakeholder engagements.

Audit

A systematic examination and verification of a company's financial and operational records by an independent entity to ensure accuracy and compliance with accounting standards and regulations.

Program

A set of planned, related activities aimed at achieving specific objectives.

Sustainability Vision

A strategic framework or approach adopted by businesses to create long-term value by considering how they operate in the ecological, social, and economic environment.