Solved MBA (PART TIME)– SEMESTER 1 - GUJARAT TECHNOLOGICAL UNIVERSITY

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Seat No.: ________                                                                                      Enrolment No.___________

 

GUJARAT TECHNOLOGICAL UNIVERSITY

MBA (PART TIME)– SEMESTER 1

EXAMINATION WINTER– 2018


 

Subject Code: 4519901


Date:29/12/2018


 

Subject Name: Business Ethics and Corporate Governance


 

Time: 10:30 AM To 01:30 PM


Total Marks: 70


 

Instructions:

 

1.   Attempt all questions.

 

2.   Make suitable assumptions wherever necessary.

 

3.   Figures to the right indicate full marks.


 

Q.


Marks


 

No.


 

Q.1     Define the terms with suitable explanation

 

(a) Corporate Governance

 

(b) CSR

 

(c) CGR

 

(d) Managerial Ethics

 

(e) Whistle Blowing

 

(f) Ethics of Care

 

(g) Creative Accounting

 

Q.2     (a)       ‘If an action produces most utility, is it always moral?’ Discuss

 

the statement in light of the Utilitarian approach to ethics.


 

14

 

 

 

 

 

 

 

 

 

07


 

(b)     What is your think  should


 

understanding of be the qualities


 

an ethical leader? What do you of an ethical leader to lead the


 

07


 

nation?


 

OR

 

(b)         Discuss the Kohlberg’s six stage of moral development to 07 establish any violation of moral responsibility.

 

Q.3               (a) ‘The rights of individuals are also intricately joined with the 07 duties of the individual in an organization.’ Discuss the statement.

 

(b)         “Independent directors are known to bring objective view in 07 Board deliberations. They also ensure that there is no dominance

 

of one individual or special interest group or the stifling of healthy debate. They act as the guardians of the interest of all shareholders and stakeholders, especially in the areas of potential conflict.” Discuss the above statement in the light of Clause 49 of the listing agreement.

 

OR

 

Q.3               (a) ‘Corporate Social Responsibility (CSR) can be made an effective 07 strategy for good governance’. Elucidate the statement.

 

(b)     Why do you think so many big corporate got into business troubles 07 since late 1990s? What measures were taken by USA as well as India to contain the problem of non-transparent governance of listed companies since 2001?

 

 

 

 

Page 1 of 2

 


 

Q.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Q.4

 

 

 

Q.5


 

 

 

Arthur Edward Anderson (1885-1947), the founder of Arthur

 

 

Anderson & Co. must have turned in his grave in 2001, as the

 

 

auditor firm founded by him became a synonym for scandal in

 

 

the  accounting  profession.  On  15th  August  2001,  Sherron

 

 

Watkins,  an  employee  of  Enron,  questioned  the  company’s

 

 

accounting practices, in a single-page letter to its CEO. Enron,

 

 

the energy giant that ruled the world, and its auditor Arthur

 

 

Anderson & Co., became the ridicule of the world. In early

 

 

2002, the US Justice Department began criminal investigations

 

 

into  Enron’s  bankruptcy.  In  2002,  Arthur  Anderson  was

 

 

convicted by the lower and appellate courts for obstruction of

 

 

justice. The firm had worked hand in glove with Enron and

 

 

cooked  its  account  books.  The  audit  firm  that  once had an

 

 

85,000 strong workforce now had closed offices and business

 

 

interests around the globe. The firm’s name is so tarnished that

 

 

there is no other business going on in it, other than attending to

 

 

over a hundred civil suits.

 

 

(a)

What do you think can be the outcomes of an accounting fraud

07

 

to the society and business at large?

 

 

(b)

Why do you think that the history of accounting fraud repeats

07

 

itself, such as so many frauds which we have heard after Enron

 

 

scandal?

 

 

 

OR

 

 

(a)

Describe the CRISIL methodology for CG Rating.

 

07

(b)

Write a detailed note on Sarbanes Oxley Act.

 

07

 

 

 

Dear students, get fully solved assignments by professionals

Do send your query at :

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CASE STUDY:

 

A junior member of staff has just returned to work after taking special leave to care for her elderly mother. For financial reasons she needs to work full-time. She has been having difficulties with her mother’s home care arrangements, causing her to miss a number of team meetings (which usually take place at the beginning of each day) and to leave work early. She is very competent in her work but her absences are putting pressure on her and her overworked colleagues. You are her manager, and you are aware that the flow of work through the practice is coming under pressure. One of her male colleagues is beginning to make comments such as “a woman’s place is in the home”, and is undermining her at every opportunity, putting her under even greater stress.


 

(a)   In light of the above case, elaborate the ethical dilemma.

07

 

(b)         How should you proceed so as not to discredit yourself, your 07 profession or the practice for which you work and at the same time maintaining integrity and confidentiality in your actions?

 

 

OR

 

Q.5  (a)

How important are Independent Directors in an organization. Give

07

 

your opinion.

 

(b)

Write a detailed note on the principles and structure of corporate

07

 

governance.

 

 

*************

 

 

Page 2 of 2


 

Dear students, get fully solved assignments by professionals

Do send your query at :

help.mbaassignments@gmail.com

or call us at :08263069601

 


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