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Question: In what ways does ethics risk and opportunity management go beyond the scope of traditional risk management? If a corporation's governance process does not involve ethics risk management, what unfortunate consequences might befall a corporation?

Question: In what ways does ethics risk and opportunity management go beyond the scope of traditional risk management? If a corporation's governance process does not involve ethics risk management, what unfortunate consequences might befall a corporation?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question: In what ways does ethics risk and opportunity management go beyond the scope of traditional risk management? If a corporation's governance process does not involve ethics risk management, what unfortunate consequences might befall a corporation?
Transcribed Image Text:Question: In what ways does ethics risk and opportunity management go beyond the scope of traditional risk management? If a corporation's governance process does not involve ethics risk management, what unfortunate consequences might befall a corporation?
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