A Study of Corporate Revealed Ethics and Corporate Applied Ethics

A study of Corporate Revealed Ethics and Corporate Applied Ethics in the UK determined that ____________________.

A) accounting measures are less influenced by business ethics than by market factors
B) neither Corporate Revealed Ethics codes nor Corporate Applied Ethics (ethical training) had an impact on firm performance
C) in the long run, firms that specifically provided training on their code of ethics to their employees, thus implementing CAE, financially outperformed those with codes but no training
D) firms that specifically provided training on their code of ethics to their employees, thus implementing CAE, achieved greater financial performance from both short and long-term perspectives as compared to those who had not