Oefenvragen

20 PRACTICE QUESTIONS Sustainable Finance & Value Creation

[Meer zien]

Voorbeeld 3 van de 20 Oefenvragen

Explain different channels through which board diversity can impact an organization. Explain how those different channels can be tested empirically.

Explain different channels through which board diversity can impact an organization. Explain how tho...

Board diversity can impact an organization through: (1) Cognitive (broad-based) diversity: this means that diverse boards bring a variation of skills, insights, perspectives, knowledge, etc, which improves the decision-making quality of the board. This can be tested using an RDD which looks at close-call election outcomes: the victory of a ‘diverse’ candidate impacts the board diversity. (2) Homophily: by creating a more diverse board, individuals with similar backgrounds and characteristics will appeal to each other. These people will form groups within the company. (3) Allyship: by creating a more diverse board, it creates inter-group support. Directors from minority groups will support minority groups within the company more. Both points 2 and 3 can be tested using staggered diversity legislations and the impact of these on board diversity.

What are likely drivers of greenwashing?

Firm growth is a driver of greenwashing, growing firms report better in their annual report than that they disclose to the regulators. Outside opinions matter more for their image. Also high profitability firms are more engaged in greenwashing, because they don’t get as much attention to financial pressures from shareholders as low profitability firms get.

Under which conditions do shareholder value maximisation and enhanced shareholder value maximisation yield the same corporate decisions? a. Leaders are well informed about consequences of their choices. b. Corporate leaders are short-sighted. c. Micromanagement must be avoided. d. The treatment of stakeholders is adjusted. e. The firm engages in greenwashing.

Under which conditions do shareholder value maximisation and enhanced shareholder value maximisation...

a. Leaders are well informed about consequences of their choices. c. Micromanagement must be avoided. d. The treatment of stakeholders is adjusted.

Omdraaien

Opnieuw proberen

Volgen

lianneversluis04 Lid sinds 3 jaar 47 documenten verkocht

Dit zijn jouw voordelen als je samenvattingen koopt bij Stuvia:

Gemaakt door medestudenten, geverifieerd door reviews

Kwaliteit die je kunt vertrouwen: geschreven door studenten die slaagden en beoordeeld door anderen die dit document gebruikten.

Niet tevreden? Kies een ander document

Geen zorgen! Je kunt voor hetzelfde geld direct een ander document kiezen dat beter past bij wat je zoekt.

Betaal zoals je wilt, start meteen met leren

Geen abonnement, geen verplichtingen. Betaal zoals je gewend bent via iDeal of creditcard en download je PDF-document meteen.

Veelgestelde vragen

Wat krijg ik als ik dit document koop?

Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.

Tevredenheidsgarantie: hoe werkt dat?

Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.