Which of the following is not a principle of leadership ethics and corporate citizenship?a.The board should ensure that the company is, and is seen to be, a responsible citizen.b.The board should govern the ethics of the company in a way that supports the establishment of an ethical culture.c.The board should ensure the company is efficiently and effectively managed to maximise shareholder’s wealth.d.The board should lead ethically and effectively.
Question
Which of the following is not a principle of leadership ethics and corporate citizenship?a.The board should ensure that the company is, and is seen to be, a responsible citizen.b.The board should govern the ethics of the company in a way that supports the establishment of an ethical culture.c.The board should ensure the company is efficiently and effectively managed to maximise shareholder’s wealth.d.The board should lead ethically and effectively.
Solution
The option that is not a principle of leadership ethics and corporate citizenship is:
c. The board should ensure the company is efficiently and effectively managed to maximise shareholder’s wealth.
This statement is more related to the financial management and performance of the company, rather than its ethical leadership and corporate citizenship. While it is important for a company to be managed efficiently and effectively, this does not necessarily reflect on its ethical leadership or its role as a responsible citizen. The other options all directly relate to the company's ethical leadership and its responsibility towards society.
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