Download GTU (Gujarat Technological University) MBA 2019 Winter 4th Sem 3549201 Business Ethics And Corporate Governance Previous Question Paper
Seat No.: ________ Enrolment No.___________
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA - SEMESTER ? IV EXAMINATION ? WINTER 2019
Subject Code: 3549201 Date: 28-11-2019
Subject Name: Business Ethics and Corporate Governance
Time: 02.30 PM to 5.30 PM Total Marks: 70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.
Q.1 Explain the following terms:
(a) Ethics
(b) Morals
(c) Values
(d) Normative Ethics
(e) Egoism
(f) Insider trading
(g) Terminal values
14
Q.2 (a) Define business ethics? With the help of suitable examples discuss the
major ethical issues that business faces today?
07
(b) Explain the Kohlberg?s six-stage of moral development with the help of
example.
07
OR
(b) Explain the role of SEBI in ensuring better corporate governance/ethical
practices among listed companies in India?
07
Q.3 (a) What is ethical dilemma? Discuss the sources of ethical dilemma and
method of resolving the same?
07
(b) Discuss how Sarbanes Oxley Act, 2002 has helped in reducing the
occurrences of corporate fraud and failures in US?
07
OR
Q.3 (a) Explain why firms uses creative accounting and explain the strategies of
creative accounting adopted by them.
07
(b) Draw and briefly explain Anglo-American and German Model of
corporate governance and distinguish between them.
07
Q.4 (a) Define Ethical leadership? Explain different types of leadership? 07
(b) ?Corporation having good corporate governance rating also failed?.
Discuss the relevance of Corporate Governance Rating (CGR) in the
light of above statement.
07
OR
Q.4 (a) What is whistle blowing? Explain different types of whistle blowing 07
(b) ?Many business organizations feels that business and CSR are not
complementing rather they are contradicting?. Critically discuss the
statement with the help of pros and cons of CSR in business?
07
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Page 1 of 2
Seat No.: ________ Enrolment No.___________
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA - SEMESTER ? IV EXAMINATION ? WINTER 2019
Subject Code: 3549201 Date: 28-11-2019
Subject Name: Business Ethics and Corporate Governance
Time: 02.30 PM to 5.30 PM Total Marks: 70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.
Q.1 Explain the following terms:
(a) Ethics
(b) Morals
(c) Values
(d) Normative Ethics
(e) Egoism
(f) Insider trading
(g) Terminal values
14
Q.2 (a) Define business ethics? With the help of suitable examples discuss the
major ethical issues that business faces today?
07
(b) Explain the Kohlberg?s six-stage of moral development with the help of
example.
07
OR
(b) Explain the role of SEBI in ensuring better corporate governance/ethical
practices among listed companies in India?
07
Q.3 (a) What is ethical dilemma? Discuss the sources of ethical dilemma and
method of resolving the same?
07
(b) Discuss how Sarbanes Oxley Act, 2002 has helped in reducing the
occurrences of corporate fraud and failures in US?
07
OR
Q.3 (a) Explain why firms uses creative accounting and explain the strategies of
creative accounting adopted by them.
07
(b) Draw and briefly explain Anglo-American and German Model of
corporate governance and distinguish between them.
07
Q.4 (a) Define Ethical leadership? Explain different types of leadership? 07
(b) ?Corporation having good corporate governance rating also failed?.
Discuss the relevance of Corporate Governance Rating (CGR) in the
light of above statement.
07
OR
Q.4 (a) What is whistle blowing? Explain different types of whistle blowing 07
(b) ?Many business organizations feels that business and CSR are not
complementing rather they are contradicting?. Critically discuss the
statement with the help of pros and cons of CSR in business?
07
Page 2 of 2
Q.5
CASE STUDY:
Ethics have become a valued business strategy, especially in competitive
business environment where the brand image of a company is largely
influenced by its ethical business practices. The corporate leader plays a vital
role in building a brand equity of ethical firm.
Mr. R. Sinha a member of board of directors has been recently
appointed as the chairperson of the remuneration committee of the Advance
Research Chemicals Limited (ARCL) a company with annual turnover of
4000 Cr. Including foreign sales of 1500 Cr. Company ARCL is a listed
company listed in BSE and NSE. Current share price of company share is Rs
1450 per share. Soon after taking the charge of remuneration committee Mr.
Sinha while going through the old record and files, found that the company is
engage in a practice of employing temporary workers for jobs that, in many
cases, run throughout the year. Which is a wrong practice and against the
labor laws. Mr. Sinha also found that the female workers including well
educated and experience engineers are offered much lesser salaries than that
of the other male engineers working on the same position with the similar
experience. Mr. Sinha was shocked when he came across the documents
where the independent directors were also discriminated. Since the
independent directors have no occasion to interact with each other on the
point of remuneration, company has many times discriminated under the garb
of negotiation on the point of payment of the sitting fees.
Coming across such irregularities and mal-practices Mr. Sinha put up
all the matter to the board members in the board meeting. The two board
members Mr. Adarsh and Mr. Parth (Both real brothers) who have major
stake (55%) in the company denied discussing the issue in the board meeting
stating that it has not been properly documented and it is not the agenda of the
meeting. They also told Mr. Sinha that ?Business is Business? chemical
industry is passing through very bad phase, competition is very tough and
price war is too high therefore to stay in the market and to reduce the cost
labors are employed on temporary basis and less paid females? engineers are
employed for in house research. There is nothing unethical in it all workers
and engineers are working at their will no one has forced them to joined on
the less salary or to work as temporary workers. They also threatened Mr.
Sinha and told him to stay away from all these matter else be ready to face
consequences. Mr. Sinha being man of ethics is now in dilemma that if he
revels all the facts to the government authorities than the reputation of
company will be ruined and the share price will fall and there is every
possibility that company will face heavy legal penalty along with the
imprisonment to the directors and being one of the member of the board of
directors he may also have to face the penalty and punishment. If he does not
blow the whistle the discrimination and exploitation of worker will continue
and in long run it will affect the brand image and the corporate image of
ARCL.
(a) Analyze the case and Discuss the role of board of directors in the given
circumstances?
07
(b) Do you think blowing the whistle is the right approach in the given case
please justify your answer in either case.
07
OR
Q.5 (a) Analyze the case and discuss the concept of Utilitarianism and Kantianism in
the light of the facts given in the case.
07
(b)
In the light of business ethics critically examine the justification given by Mr.
Adarsh and Parth that ?Business is Business? and nothing unethical, all
worker joined the job at their will without any force.
07
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This post was last modified on 19 February 2020