Which of these is not an objective of the Global Reporting Initiative (GRI)?
A. Providing tax incentives for global corporate citizens.
B. Combining long-term profitability with ethical goals, social justice, and environmental care.
C. Reflecting the interests of business, labor, civil society, and financial markets.
D. Measuring social performance across companies.
Answer: A
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Indicate whether the statement is true or false
The principled leadership characteristic of team excellence is central to team effectiveness, influencing the team through four processes. Which is not one of these processes?
A. cognitive B. directive C. motivational D. coordination
On the maturity date, the bondholder is paid the face amount of the bond plus the last interest payment
Indicate whether the statement is true or false
The leading piece of theoretical research in corporate finance is Myers and Majluf (1984)
They showed that when there is information asymmetry between the market and managers, a pecking order emerges in terms of how the firm should obtain funds for capital investments. Specifically, a firm would prefer to use: a. debt, then retained earnings, and finally outside equity. b. retained earnings, then debt, and finally outside equity. c. retained earnings, then outside equity, and finally debt. d. debt, then outside equity, and finally retained earnings.