Which of These Is NOT an Ethical Approach for Executives

question 39

Multiple Choice

Which of these is NOT an ethical approach for executives to consider?

• A) The utilitarian approach
• B) The moral rights approach
• C) The Sarbanes-Oxley approach
• D) The social justice approach

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Definitions:

Layoff's Effect

The consequences or impact of a reduction in workforce, often involving job loss for employees due to economic downturns or company restructuring.

Sarbanes-Oxley Act

A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures.

Independent Directors

Board members who do not have a material or pecuniary relationship with the company or its related parties, except for board compensation, ensuring unbiased and objective decisions.

Audit Committees

A subgroup of a company's board of directors responsible for overseeing financial reporting and disclosure.