In What Way Did the "Comply or Else" ­Approach Differ

question 74

Multiple Choice

In what way did the "comply or else" ­approach differ from the "comply or explain" approach to corporate governance?

• A) Unlike "comply or else",the "comply or explain" approach penalizes companies that don't conform to its regulations heavily.
• B) Unlike "comply or explain",the "comply or else" approach does not offer corporations an easy way to avoid conforming to its operating standards.
• C) Unlike "comply or explain",the "comply or else" approach has a vague definition for what constitutes an acceptable explanation for noncompliance.
• D) Unlike "comply or else",the "comply or explain" approach was successful in discouraging unethical behavior in corporations.

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Definitions:

Fluorine

A highly reactive, pale yellow gas at room temperature, being the most electronegative and reactive of all the elements.

Francium

A highly radioactive metal with the atomic symbol Fr, the least stable and most rare naturally occurring element in the periodic table.

Conduct

To transmit or facilitate the transfer of something such as electricity or heat.

Atoms

The basic units of matter composed of a nucleus surrounded by electrons, representing the smallest component of an element that retains its chemical properties.