The Board of Directors of a company is responsible for determining, articulating, and communicating the values and standards of the business, and for ensuring that the policies, procedures, and controls in place act to support, rather than hinder, ethical values throughout the business.
Which one of the following corporate elements and characteristics can the Board of Directors influence the most to ensure that the organization has an ethical culture?
A) Individual factors
B) Personal values
C) Employee integrity
D) Individual beliefs
E) Procedures and controls for oversight

Question

Quizplus · Accepted Answer

The Board of Directors can have the most influence on procedures and controls for oversight. This includes implementing strong ethical policies, procedures, and controls to prevent and detect unethical behavior. By focusing on these areas, the Board can help create a culture of ethics and hold employees accountable for their actions. While individual factors, personal values, employee integrity, and individual beliefs are important in shaping an organization's ethical culture, they are largely influenced by factors outside the control of the Board.

The Board of Directors of a Company Is Responsible for Determining