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Corporate Social Responsibility - Seminar 5

Total questions: 10

Worksheet time: 4mins

Name
Class
Date
1.

Which of the following goes hand in hand with the Legitimacy Theory?

a)

Greenwashing

b)

Transparency

c)

Ethical behaviour

d)

Social Contract

2.

Following a major incident, the firms in the affected industry:

a)

Decrease disclosure in annual reports

b)

Increase positive disclosure in annual reports

c)

No change in annual reports

d)

Prevent negative media coverage

3.

Which of the following is not a major non-market social concern of a firm?

a)

Sales by geographical area

b)

Donations to charities

c)

Air pollution produced by firm

d)

Employment level in firm

4.

According to Laufer, what are some consequences of greenwashing?

a)

Result in moral hazard

b)

Decreased levels of care

c)

Levels of deviance may increase

d)

All of the above

5.

According to Ramanathan, which of the following is not one of his 3 social accounting objectives?

a)

Identify and measure periodic net social contribution of the firm

b)

Determine the revenue and expenses of a firm

c)

Determine if the firms practices are consistent with social priorities

d)

Make sure relevant information on goals, policies, contributions are made available to the public

6.

Social constituents are:

a)

Measures of changes

b)

Utilization of resources

c)

Social groups affected

d)

Sacrifices/benefits to society

7.

In Accounting for Emissions, which method does not classify allowances as intangible assets?

a)

US GAAP

b)

Government Grant Approach

c)

IFRIC 3

d)

Prevailing Practices in the EU

8.

In Accounting for Emissions, why was IFRIC 3 unsuccessful?

a)

The method distorted assets and liabilities

b)

The method produced conflicting financial results from firm to firm

c)

Mismatch issues occurred during settlement of liability

d)

All of the above

9.

What was the main goal of the article, “Assessing social and environmental performance through CSR reports”?

a)

Analyzing relationship between CSR performance and voluntary CSR disclosures

b)

Analyzing importance of CSR disclosures in the 21st century

c)

Showing association between increased carbon footprint and CSR disclosures

d)

Showing the relationship between CSR reports and financial performance

10.

What are the two main factors that impact the relevance of CSR disclosures?

a)

Readability, transparency

b)

Readability, size

c)

Language, context

d)

Transparency, reliability