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Global Corporate Citizenship Is More Than Espoused Values; It Requires

question 26

Essay

Global corporate citizenship is more than espoused values; it requires action.Discuss some of the ways forward-thinking companies are changing to improve their ability to act as responsible citizens.


Definitions:

Unsystematic Risk

The type of risk that is specific to a company or industry, which can be minimized through diversification.

Economic Slowdown

A period of reduced economic activity characterized by lower GDP growth, decreased consumer spending, and higher unemployment rates.

Lawsuit

A legal action brought by one party against another, typically in a court of law.

Dividend Adjustment

An alteration made to the dividend payout received by shareholders of a mutual fund or an index reflecting a change in the underlying stocks' dividend payouts.

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