Seat No.: Enrolment
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA SEMESTER 4 EXAMINATION WINTER 2018
Subject Code: 2840003 Date:04/12/2018
Subject Name: Business Ethics and Corporate Governance
Time:02:30pm To 05:30pm Total Marks: 70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.
Q.1
Choose the Correct Option.
06

1. Ethics teach us to identify
A. Right wrong Activities B. Proper Actions
C. Pure impure Activities D. None of them
2. Mahatma Gandhi Implemented his life
A. Satya B. Asatya
C. Battle D. None
3. Accepted principles of right or wrong governing the conduct of businesspeople
are called
A. Business values B. Business Ethics
C. Business principles D. Business conduct
4. Lord Rama Stays in Vanvas for years
A. 10 B. 11
C. 12 D. 14
5. a prelude to corporate reforms called for to promote
moral behavior among corporations.
A. Quality Control B. Disclosures
C. Whistle Blowing D. E-Governance
6. Approach supports the view that creation of property should be
benefit of all.
A. Utilitarian Approach B. Socialist Approach
C. Stakeholder Approach D. None of above.
Q.1
Write Short notes on:
Ethical Dilemma
04
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Business Ethics
Corporate Governance
Stakeholder theory
Q.1 Explain the ethical qualities of Mahatma Gandhi Sardar Patel 04
Q.2 Explain the functions of CRISIL. 07
Write a detailed note on Sarbanes Oxley Act. 07
OR

Define Whistle blowing. Discuss the advantages Limitations of Whistle
Blowing. 07
Q.3 Write a note on CII's code of conduct. 07
'Professional Ethics must be matched with Social Ethics: Explain 07
OR
Q.3 Explain the rights and responsibilities of shareholders in detail 07
Differentiate CG CSR 07
Q.4 Discuss the recommendations given by Narayan Murthy Committee. 07
Discuss the Corporate Governance practices in US, Germany and Japan, 07
OR
Q.4 Discuss the role of investors and independent directors in promoting 07
corporate governance
Define the term Creative Accounting. Explain any major Two Indian scams. 07
Q-5 Discuss this case study on the basis of Ethical quality of employees
working in the company. 14
Falsifying Attendance Jason, a Junior System Administrator with the
Management Information Systems Department, clocked in 4 minutes and 27
seconds late for work this morning. While he won't get fired for it, being late
this once means that he will not receive the perfect attendance incentive
which he needs to make ends meet, given his daughter's recent series of
hospitalizations. It's not that Jason didn't make an effort to be there on time.
He actually arrived in the office five minutes early but was unable to clock in
immediately because his direct superior, Raffy, asked him for an informal
project progress report as soon as he walked in the door. As a Junior System
Administrator, Jason has access and the capability to edit the company's
attendance records. He figures that since he was unable to punch in only
because of his boss, it wouldn't hurt to edit the timestamp on his attendance
for today. Has Jason done anything wrong?
(Case prepared by Gov. Jose B. Fernandez Jr. Ethics Center, Ateneo de
Manila, Philippines)
.
OR
Q.5 Rumors A few months ago, Arielle Cruz, Head of the Sales and Marketing Department
of Mariposa Real Estate, formally announced to her staff that she will be leaving the
company in order to be able to concentrate on her family. She emphasized that since she
will be leaving, there is room for a promotion and that she would nominate their two top
performers, Mary and Jane, to the HRMD. In an effort to give herself an upper hand,
Mary closes deals with three big clients two days right after Arielle's announcement.
Two weeks after Arielle's announcement, stories about Mary's promiscuity begin to
make their rounds and quickly become the mainstay headlines of office gossip. The most
scandalous rumor is that Mary offers sexual services to her clients both male and
female in order to close her sales. In the face of all these rumors, Mary continues to
deliver excellent work. The time has come to promote of the candidates. Based on
performance, Mary is the better candidate but both could do the job. Should you consider
the rumors? What should you do?
(Case prepared by Gov. Jose B. Fernandez Jr. Ethics Center, Ateneo de Manila Univ.,
Philippines)

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