The managers of Lehman Brothers,whose bankruptcy helped propel the 2008-2009 financial crisis,used loopholes in to hide billions of dollars of worthless assets in its balance sheet to disguise its poor financial condition.What approach to social responsibility was Lehman Bothers employing?

Question

Quizplus · Accepted Answer

At the low end of the range is an obstructionist approach,in which companies and their managers choose not to behave in a socially responsible way.

The Managers of Lehman Brothers,whose Bankruptcy Helped Propel the 2008-2009