Social responsibility of business while appropriating natural resources by a corporate entity has been recommended in which one of the following?
Sustainable Development Goals 2015 in Global Sustainability Report
Concept: The Sustainable Development Goals (SDGs) of 2015 are the global agenda linking business conduct to responsible, sustainable use of natural resources.
The question asks which framework recommends the social responsibility of business when a corporate uses natural resources.
The Sustainable Development Goals of 2015, set out in the global sustainability agenda, explicitly link business conduct with the responsible use of natural resources and sustainable production, placing social responsibility on corporates that appropriate such resources - for instance, goals on responsible consumption and production.
The Montreal Protocol (1987) deals specifically with phasing out ozone-depleting substances; the Millennium Development Goals were about broad human-development targets and were adopted in 2000, not 2008; and the UNDP Human Development Report measures human development, not corporate resource responsibility.
Option check: Only the SDGs of 2015 tie corporate use of natural resources to social responsibility, so the other three options are ruled out. Hence it is recommended in the Sustainable Development Goals 2015 in the Global Sustainability Report.
Similar Questions
Which one of the following is not a principle of corporate Governance ?
Match the items given in the List - I and List - II and suggest the correct code :
List - I List - II (a) Ethics (i) Right code of behaviour for a group or profession (b) Morality (ii) Prescribes right conduct for everyone (c) Moral standard (iii) Needs some inclination to follow morality (d) Meta Moral Standard (iv) Practical and pragmatic Code :
Assertion (A) : When a corporation acts ethically and socially responsible in its business decisions and strategic planning, then the corporation will be more sustainable.
Reason (R) : Socially responsible corporate behaviour is increasingly seen as essential to long-term survival of companies.
Disclosure of corporate governance practice and its compliance has been stipulated in which one of the following?
Kumar Mangalam Birla Committee Report, Ramesh Chandra Committee Report, Cadbury Committee Report primarily focus on which one of the following?
'The continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large.'
This may be attributed rightly to which one of the following?
Read the following passage and answer the questions :
Jensen examines the dynamics of corporate takeovers and challenges prevailing misconceptions surrounding them. He argues that takeovers are not merely hostile disruptions but serve as a crucial mechanism of the market for corporate control. According to Jensen, inefficient management teams often fail to maximize shareholder value and takeovers act as disciplinary tool by transferring control to more competent managers. He emphasizes that while popular belief portrays takeovers as destructive to employees and communities, empirical evidence suggests that they frequently generate significant economic gains by reallocating resources to more productive uses. Jensen distinguishes between the folklore-emotional and political arguments against takeovers depicting as harmful to employees and society and the science, which demonstrates thier role in improving efficiency and shareholder wealth. He also addresses concerns about debt financing in leveraged buyouts, contending that high leverage can impose financial discipline on managers by reducing wasteful spending. Ultimately, Jensen frames takeovers as an essential corrective force within capitalism, countering managerial inefficiency and aligning corporate behavior with shareholder interests. His analysis laid the groundwork for modern corporate finance debates on governance, agency costs and the value-creating potential of mergers and acquisitions.
In the paragraph, inefficient management teams are described as those who :
Which of the following reflect Jensen’s “Science” of takeovers ?
A. Improve shareholder wealth
B. Reallocate resources productively
C. Impose financial discipline through debt
D. Operate as hostile disruptions
E. Function as an essential corrective force in capitalism
Choose the correct answer from the options given below :
According to the paragraph, takeovers are not merely hostile disruptions but serve as :
Important Questions from Corporate governance and business ethics
As per the Anglo-Saxon Model of Corporate Governance, the authority lies with the following. Arrange these in decreasing order of authority.
A. Board of Directors
B. Managers
C. Shareholders
D. Employees (Company)
E. Trade unions
Choose the correct sequence from the options given below
Assertion (A) : Corporate governance is an important instrument of investor protection.
Reason (R) : Strong corporate governance is indispensable to resilient and vibrant capital markets.
Which one of the following options is correct?
Which one of the following is not a norm of corporate governance ?
Which one among the following is not a true statement?
Ethics are moral principles and values which:
