Ethical CG Quiz

What is not the fiduciary duty entrusted to financial institutions?

• observing proper standards of market conduct

• managing conflicts of interest

• ensuring the suitability of customer advice

• act in the best interest of the financial institution

That is evident in the four bribe situations and in the Wells Fargo Community Bank, HSBC Mexico and Danske Estonia Bank cases. The culture, thus, needs to be one of '___________ ____ _________'. 

List 5 duties of the BOD that relates to ethical standards.

What is the correct meaning of the subdivision of Intellectual capital management?

• structural capital:

  the strategy and direction of the organization that is established by BOD

• structural capital: a set of systems and processes that enable banking operations

• human capital: what people and systems know

• relational capital: the core business units of the organization

What is not a business context related to the ethical well-being of corporate governance?

• determines the structures and systems used to ensure good governance 

• plays an important role in determining the degree of competition amongst firms

• provide insights to consumer behaviour for the firm

• provides a framework for ethical decision-making