Promoting the responsible behavior of company executives, in order to avoid what happened in the 2001-2002 Enron/Arthur Anderson fiasco, is an important challenge for which type of economy?
A) command
B) socialistic
C) capitalistic
D) dictatorship

Question

Quizplus · Accepted Answer

In a capitalistic economy, companies operate in a free market where the behaviors of company executives can significantly impact the economy and public trust. The Enron/Arthur Anderson scandal highlighted the need for ethical behavior and accountability in such an environment, making the promotion of responsible executive behavior especially relevant in capitalism.

Promoting the Responsible Behavior of Company Executives, in Order to Avoid